Where your money is fully safe, earns interest and is convenient to withdraw.

CRITERIA FOR OPENING A SAVINGS BANK ACCOUNT

  • National Identity Card (NIC) for a Mauritian Citizen
  • Passport (for a foreigner residing in Mauritius ) along with work permit/ resident permit
  • Proof of Residential Address
  • Original of recent Utility Bills /Local Authority tax bill etc.

BENEFITS

  • Easy to operate.
  • Provides liquidity to meet with all types of payment obligations and gateway for other banking services.
  • Tool to cultivate Banking habits in your kith and kin.
  • Free issuance of ATM/Debit cards, accepted worldwide.
  • Direct debit facilities to meet various bill payments.

TERMS AND CONDITIONS

  • No minimum and maximum period.

INTEREST PAYMENT TO INDIVIDUAL CUSTOMERS ONLY

  • 0.50% per annum W E F 05.05.2020 payable on 1st June and 1st December
  • Balance of Rs 5000.00 and above would only be eligible for payment of interest