Purchase of new or second-hand cars
  Purchase of new motorcycles
  Purchase of utility vehicle
  Purchase of excavators

  « Gage sans déplacement » on the vehicle
  Vehicle should belong to the applicant

  Our repayment period ranges from 1 to 7 years for new cars
  For used cars, repayment duration will depend on the age of the car
  For motorcycles and utility vehicles, a maximum of 5 years

  Resident of Mauritius
  Individuals aged between 18 to 65 years
  Minimum income requirement - MUR 15,000 per individual
  Minimum loan of MUR 200,000

  A level term or a decreasing term assurance policy (including a disability cover)
  The vehicle shall be insured under an all risks cover with the Lender or any other insurance company acceptable to the Lender. The benefits of the relative policy shall be assigned in favour of the Lender.

For Salary Earners

  Completed Loan Application form
  Identity Card
  Birth Certificate
  Marriage Certificate (if )
  Proof of address not older than 3 months
  Last 3 original salary slips
  Bank Statements for the last 6 months

For Self-Employed

  Completed Loan Application form
  Identity Card
  Birth Certificate
  Certificate of Incorporation
  Business Registration Card
  Trade License
  Proof of address not older than 3 months
  Bank Statements for the last 6 months of applicant
  Bank Statements for the last 6 months of business
  Quotation of car from supplier



  No early repayment fee is claimed, but partial capital refunded should not be less than 2% of initial loan amount, with a minimum of MUR25,000.
  The client must submit a claims history from present or past insurers