The Mauritian property market has seen a boom recent years, in parallel with the development of high-end residential projects locally. Those looking to invest in a property are often seeking the most interesting financing offers and this generally holds for both first time buyers and those interested in acquiring a secondary housing.
Established in Mauritius in 2004, Banque des Mascareignes offers personalised banking services and is equipped with the know-how and unparalleled expertise to guide those investing in local properties.
Banque des Mascareignes has also developed a «Private Banking» segment, which is fully dedicated to targeted clients, enabling them to better manage their assets. Its Private Banking Relationship Managers are well versed with IRS, RES, IHS and PDS segments as well as other property investment programs which enable foreigners to become freehold property owners.
Advantages:
- A customised service with a dedicated relationship manager;
- A network of 11 agencies and 18 automatic distributors across the island;
- Flexible opening hours: the branches are open from 9 a.m. to 5 p.m. during weekdays and from 9 a.m. to 1 p.m. on Saturdays (except for Port-Louis branch);
- A 24/7 access to your account via Mascareignes Direct Mobile.
Foreign currency and rupees loan
The Home Savings Plan of Banque des Mascareignes allows clients to start saving right now for any future housing project. This savings plan comprises an initial savings phase whereby capital is built up, entitling the account bearer to automatic rights to enter a housing loan application at preferential interest rates.
The customer benefits from very competitive variable rates for loans in rupees, up to 25-year* basis and the possibility to save on the credit refunds. The free Modulo option allows the customer to increase his annual monthly payments and decrease the loan period. A financing offer in the main foreign currencies is also available, for a 15-year* home loan.
*Conditions apply
