• 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

  • 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

  • Passport/identity card

  • Birth or marriage certificate

  • Latest utility bill (CWA, CEB, MT)