Eligibility

:

Individuals Employees of Private & Public Sectors and Self Employed Individuals

Amount

:

Maximum up to 100% of Total Project Cost.

(Minimum Amount: Rs. 100,000/-; Maximum Amount: No limit.)

Security 

:

1st Rank Fixed Charge on Land/Building.

Repayment

 :

Maximum upto 30 years

Eligibility

:

Individuals above 18 years of age of private & public sectors & self employed

Loan Amount

:

 Up to 100% of Total Project cost

Security

:

1st Rank fixed charge on land. (House to be constructed within 5 years)

Repayment

:

 Maximum upto 30 years

Eligibility

:

Individuals Employees of Private & Public Sectors and Self Employed Individuals

Amount

:

Minimum - Rs 100,000; Maximum - No Limit. 

(LTV up to 80 % of Market value as per recent Valuation report)

Security

:

Fixed Charge on assets such as land/building

Eligibility

:

Individuals Employees of Private & Public Sectors and Self Employed Individuals

Amount

:

Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax).

Minimum Amount: Rs. 100,000/-; Maximum: No Limit.

Security

:

Lien/GSD on vehicle.

Repayment

:

Minimum: 3 Years; Maximum: Up to 7 Years.

Eligibility

:

High Net-worth salaried or self employed customers including expatriates (Net Monthly income of applicant should be Rs100,000 & above)

Amount

:

Up to100 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax).

Minimum Amount: Rs. 100,000/-; Maximum: No Limit.

Security

:

Lien/GSD on vehicle.

Repayment

:

Minimum: 3 Years; Maximum: Up to 7 Years.

Eligibility

:

Student pursuing studies abroad or in Mauritius

Loan Amount

:

No limit (Depending on total course fees & other expenses & Customers' repayment capacity)

Security

:

1st Rank Fixed Charge on Land/building

Repayment

:

Maximum 10 years inclusive of Moratorium period

Moratorium

:

Repayment will commence 6 months after completion of course or 5 years after disbursement of 1st instalment, whichever is earlier. Interest Payable monthly.

Eligibility

:

Confirmed Employees of Government & Para-statal bodies/ TOP 100 companies/ Reputed Multinationals, Salaried Expatriates having valid work / Occupation permit & Residence permit  (With minimum salary/Income of Rs.20,000/- per month)

Amount

:

 12 Months of Net Monthly income (Minimum – Rs200,000;  Maximum up to Rs.1,000,000/-.

Security

:

 Floating charge/ Loan agreement by borrower/ Irrevocable Salary Pledge or Standing order

Repayment

:

 Maximum up to 96 Months

Eligibility

:

Permanent employees of Govt / parastatal / firms of repute / self employed - with steady source of income.

Amount

:

3 months basic salary, maximum Rs 100,000/-

Security

:

Pledge of Salary / Insurance / Credit Agreement. For self employed: 1st Rank Fixed Charge on land / building.

Repayment

:

12 months

Eligibility

:

Any customer with a Fixed Deposit either in his name or a third party

Loan Amount

:

Up to 90% of Fixed Deposit amount

Security

:

Lien on Fixed Deposit

Repayment

:

Up to 10 years - Longer period is also considered upon request.

Eligibility

:

Open on existing Housing Loan customers

Loan Amount

:

Permanent Employees: 15 months basic salary; maximum Rs350,000/-

:

For Self Employed: Maximum Rs350,000/-

Security

:

Permanent Employees: Pledge of Salary/Loan Agreement

:

For Self Employed: 1st Rank Fixed Charge on land/building

Repayment

:

Without security: 48 months

:

With security: 96 months