
FEATURES & BENEFITS
Minimum deposit of MUR 50,000
Term deposit for a range of periods starting from 1 month 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)