Working Capital Finance

Available in Mauritian Rupees as well in Foreign Currency .

It is provided in both the forms, viz.,

  • Fund Based credit facilities such as Overdraft, Import Loan, Clean Advances, Discounting & Purchasing of Bills etc.; and
  • Non-fund Based credit facilities such as Letter of Credit, Bank Guarantees (Performance / Financial) etc.

Loans & Overdrafts against Fixed Deposits

  • An ideal scheme for individuals, sole proprietors, partnership firms, Limited companies and other Bodies to utilise their own funds without encashing the same.
  • 90% of the fixed deposit may be utilised as an overdraft limit, after opening a current deposit account (Please refer to FAST ACCESS DEPOSIT SCHEME)
  • 95% of the Fixed Deposit Account may be taken as a loan.
    Both these Overdraft and Loan facilities are subject to certain simple flexible terms and conditions.

Term Finance

Available in Mauritian Rupees as well in Foreign Currency .

  • Fund Based finance for capital expenditure / acquisition of fixed assets towards starting / expanding a business or industrial unit or to swap with high cost existing debt from other bank / Financial Institution.

Project Finance

Available in Mauritian Rupees as well in Foreign Currency

  • All types of Fund Based and Nonfund Based requirement towards project finance including for the project exports.