Individuals
Corporates
Self-employed / SMEs
A - INTEREST RATES
1. Deposits    
Savings 1.90% n/a n/a
Call (margins) Upon request Upon request Upon request
Term (MUR) Between 1.85% & 3.70% Upon request Upon request
Term (FCY) margins Upon request Upon request Upon request
2. Credit facilities (MUR)
Prime Lending Rate 6.35% 6.35% 6.35%
Credit cards n/a n/a n/a
Other credit facilities - margin over PLR Upon request Upon request Upon request
3. Credit facilities (FCY)     
Margin over LIBOR / EURIBOR Upon request (subject to Credit Assessment ) Upon request (subject to Credit Assessment ) Upon request (subject to Credit Assessment )
B - DEPOSITS     
4. Savings Account  (MUR)
Minimum account opening balance 5 000 50 000 10 000
Minimum credit balance to earn interest  7 000 n/a n/a
Monthly service charges if credit balance falls below minimum balance  n/a n/a n/a
5. Current Account  (MUR)   
Minimum account opening balance 1 000 50 000 5000
Cost of cheque book 8 per sheet 8 per sheet 8 per sheet
Monthly service charges 100 + VAT MUR 0.50 + VAT per transaction - Min MUR 130 + VAT MUR 0.75 + VAT per transaction - Min MUR 125 + VAT
6. Call Deposit Account     
Minimum balance Upon request Upon request Upon request
Minimum credit balance to earn interest Upon request Upon request Upon request
Monthly service charges n/a n/a n/a
7. Term deposits (MUR)     
Minimum balance 50 000 50 000 50 000
Deposit withdrawn before maturity Rate applicable at the time the deposit was made and for the period elapsed,less a penalty of 1% Rate applicable at the time the deposit was made and for the period elapsed,less a penalty of 1% Rate applicable at the time the deposit was made and for the period elapsed,less a penalty of 1%
8. Term deposits (FCY)     
Minimum balance 5 000 10 000 5 000
Deposit withdrawn before maturity Libor interest rate + 0.375% p.a Libor interest rate + 0.375% p.a Libor interest rate + 0.375% p.a
9. Foreign Currency Account     
Minimum balance
Euro 1 000 2 000 1 000
Pound Sterling 1 000  2 000 1 000
US Dollar 1 000  2 000 1 000
Monthly service charges USD: 4 + VAT USD: 4 + VAT USD: 4 + VAT
EUR: 3 + VAT EUR: 3 + VAT EUR: 3 + VAT
GBP: 2 + VAT GBP: 2 + VAT GBP: 2 + VAT
FCY: MUR 150 in monetary equivalent + VAT FCY: MUR 150 in monetary equivalent + VAT FCY: MUR 150 in monetary equivalent + VAT
C - CREDIT FACILITIES     
10. Credit Cards     
Annual fee n/a n/a n/a
Replacement of lost / stolen cards n/a n/a n/a
Cash advance fee n/a n/a n/a
Overlimit fee n/a n/a n/a
11. Loans and advances (MUR) 
Processing fee Housing loans in MUR: 1% (Min 3 K, Max: 50 K) Investment Loan: 1% (Min 10 K) Investment Loan: 1% (Min 2.5 K, Max 50 K)
Housing loans in FCY: 1% (Min 3 K) Investment Loan: 1% (Min 2.5K, Max 50K)
Overdraft: Overdraft: Loan overdraft:
Temporary overdraft (< 1 year): 0.5% (min 300) Initial set-up: 1% (Min 10 k) Temporary overdraft (< 1 year): 0.5% (Min 300)
Permanent overdraft (> 1 year): 1.0% (Min.MUR 1 K, Max. MUR 50 K) Permanent overdraft (> 1 year): 1.0% (Min 1 K, Max: 50 K)
Renewal : 0.5% (Min 500) Renewal : 0.5% (Min 5K) Renewal: 0,5% (Min 500)
Request limit increase: 1% (Min 1 K) Request limit increase: as per arrangements Request limit increase: 1% (Min 1 K)
Savings advance (Avance sur épargne): 0.5% (Min 1 K, max 25 K)
Unsecured Personal Loans: 1.5% (Min 2 K)
Arrangement fee Upon request n/a  Upon request
Ledger fee Mur 75 + VAT n/a Mur 75 + VAT
Commitment fee n/a 1% accrued daily on amount not disbursed 1% accrued daily on amount not disbursed
Early redemption / prepayment fee Free for Credit Facilities taken under BPA: As per arrangement As per arrangement
Free for Credit facilities granted on or after 1st January 2014
Others: As per arrangement
Valuation Survey & Report fee Upon request Upon request Upon request
Legal charges for creation of security documents Upon request Upon request Upon request
Fixed / Floating Charges Fees specified below are determined, as per the GN 235/2011 law w.e.f. 1st January 2012, according to the loan amount as follows: Fees specified below are determined, as per the GN 235/2011 law w.e.f. 1st January 2012, according to the loan amount as follows: Fees specified below are determined, as per the GN 235/2011 law w.e.f. 1st January 2012, according to the loan amount as follows:
< 1M: 1.4 K < 1M: 1.4 K < 1M: 1.4 K
1M to 5M: 31.4 K 1M to 5M: 31.4 K 1M to 5M: 31.4 K
> 5M: 51.4 K (1 K for additional copies) > 5M: 51.4 K (1 K for additional copies) > 5M: 51.4 K (1 K for additional copies)
Fixed / Floating Charges 1 100 + Registration fee 1 100 + Registration fee 1 100 + Registration fee
Fixed / Floating Charges 1 100 + Registration fee 1 100 + Registration fee 1 100 + Registration fee
12. Guarantees     
Performance bonds  n/a 1.5% p.a (min. MUR 1 500) 1,5% p.a (min. MUR 1 500)
Tender : bid bonds n/a 6 months or less: 1% (Min. MUR 1 000) by additional quarter: 0.25% (Min. MUR 1 000) 6 months or less: 1% (Min. MUR 1 000) by additional quarter: 0.25% (Min. MUR 1 000)
Advance payments bonds n/a 2% p.a (min. MUR 1 000) 2% p.a (min. MUR 1000)
Retention money bonds / guarantees n/a 2% p.a (min. MUR 1 000) 2% p.a (min. MUR 1000)
Shipping guarantee n/a MUR 800 (for 2 months) MUR 400 ( every additional month) MUR 800 (for 2 months) MUR 400 ( every additional month)
D - GENERAL SERVICES     
13. Treasury Bills     
Account opening fee Upon request n/a Upon request
Transaction fee Upon request Upon request Upon request
14. Debit Cards (MUR)
Annual fee Between 0 & 1 200 + VAT Between 0 & 1 200 + VAT Between 300 & 1 200 + VAT
Replacement of lost / stolen cards Between 250 & 450 + VAT Between 250 & 450 + VAT Between 250 & 450 + VAT
Withdrawals     
Bank's ATM Nil Nil Nil
Other bank's ATM 65 65 65
Overseas 100 100 100
15. Others   (MUR)
Telegraphic transfer Over the counter: 390 + overseas bank charges + CILE if applicable Over the counter: 425 + overseas bank charges + CILE if applicable Over the counter: 425 + overseas bank charges + CILE if applicable
Internet: 375 + overseas bank charges + CILE if applicable Internet: 375 + overseas bank charges + CILE if applicable Internet: 375 + overseas bank charges + CILE if applicable
MACSS facility Over the counter: 125 Internet: n/a Over the counter: 125 Internet: n/a Over the counter: 125 Internet: n/a
Audit confirmation certificate n/a Between 450 & 1 100 Between 450 & 1 100
Testimonial / Banker's reference fee 500 500 500
Letter of reference 500 500 500
Payroll fee n/a Over the counter: 10 per operation Internet: n/a Over the counter: 10 per operation Internet: n/a
Internet banking fee Free of charge Free of charge 150
Duplicate statement of account Flat fee of 250 Flat fee of 250 Flat fee of 250
Standing instructions     
Internal transfer  Free of charge Free of charge Free of charge
Transfer to other banks Over the counter: 20 Internet: n/a Over the counter: 20 Internet: n/a Over the counter: 20 Internet: n/a
Direct debit 12 12 12
Purchase of foreign cheques/bank drafts 200 + CILE 200 + CILE 200 + CILE
Office cheque issuance 160 / cheque 160 / cheque 160 / cheque
Cheque returned    
Inward 55 55 55
Outward 400 + VAT 400 + VAT 400 + VAT
Stop payment orders Cheque in MUR: 150 Card: 300 + VAT Cheque in MUR: 150 Card: 300 + VAT Cheque in MUR: 150 Card: 300 + VAT
Safe deposit lockers n/a n/a n/a
*For further information or details on any of the above or full range of fees, please contact the bank or visit its website.