Key benefits
- Guaranteed, fixed interest rate when you invest for a set period of time (interest rates vary depending on the term)
- Available in Mauritian rupee or major foreign currencies
- Different deposit periods are available, ranging from 1 month to 60 months (depending on the term and currency)
- Investment secured against fluctuating interest rates
- Choose how often your interest is paid
- Can be used to secure a loan or other banking facility
Requirements
- Make a minimum deposit of Rs100,000 for a fixed deposit in Mauritian rupee or USD5,000 (or equivalent) for a foreign currency deposit
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Documents required
- Proof of identity such as National ID, passport or driver's licence
- Proof of address such as utility bill in your name not older than 3 months at time of application
- Birth or marriage certificate if relationship needs to be established
