Educational loan

What is it?

Wish to study further? HSBC's Educational Loan, is the ideal way to manage rising expenses of higher education.

With flexible, comfortable payment terms and competitive interest rates, our Educational Loan will help you live your dreams.

Know more

• Benefits and Features
• Eligibility
• Documents Required

• Wide range of loan amounts
  Loan amounts range from Rs25,000 to Rs2,000,000
• Flexible repayment period
  Repayment periods range from 1 to 5 years.
• 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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• Resident of Mauritius
• Individuals aged between 18 to 60 years (loan to terminate at 60 years)
• Minimum monthly income requirement - Rs10,000

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• 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, MT
• 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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