Car Loan

Get in to the driver’s seat – with a car loan from HSBC!

Buying a car is an exciting prospect. So go on, give yourself a treat. We will take care of the financing and help you purchase that dream car as fast as possible.

As a valued HSBC customer get behind the wheel of the HSBC Car Loan and enjoy the following exceptional terms for a limited period only.

Know more

• Benefits & Features
• Eligibility criteria
• Documents required

Borrow up to 70% of the car value

We offer loans for up to 70% of a car's value

Comprehensive motor insurance cover

We can also arrange a motor insurance cover that offers total protection for you, your passengers and your vehicle

Wide range of loan amounts

Our loan amounts go up to Rs2,000,000.

Flexible repayment period

Our repayment period ranges from 1 to 7 years for new cars and 1 to 6 years for used cars.

• An advance for a fixed sum over a fixed period, clean or secured
• Interest charged is linked to the Base Lending Rate (BLR).

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Eligibility criteria to apply for a car loan

• Resident of Mauritius
• Individuals aged between 18 to 65 years (loan to terminate at 65 years)
• Minimum monthly income requirement - Rs12,000

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To avail of a car loan, please submit the following documents

• Completed Loan Application form
  Proof of Identity - Identity Card or Passport
• Evidence of income - an employment letter stating your salary, years of service and designation
• Last 3 salary slips
• Last 3 utility bills - CEB, CWA
• Bank statements for the last six months from your previous banker, if you have banked with HSBC for less than 12 months.
• Salary should be pledged to HSBC.

Note: We draw your attention to the existence of the Mauritius Credit Information Bureau (MCIB). Please, Click Here, to access the information booklet.

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