FEATURES & BENEFITS Minimum deposit of MUR 50,000 Term deposit for a range of periods starting from 6 months to 60 months Can be opened jointly Interest payable monthly, quarterly, half-yearly, yearly or at maturity Acceptable as collateral for Banking facilities ELIGIBILITY Individuals aged 18 years and above For joint accounts, a joint mandate must be completed and signed by all parties Accounts for minors must be operated by the parent or authorised person DOCUMENTATION Passport/identity card Birth or marriage certificate Latest utility bill (CWA, CEB, MT)