Managing your finances and cash flow
Bank of Mauritius Support Programme
Extension of moratorium on capital repayment till 30 June 2021
The moratorium announced by the Bank of Mauritius to alleviate financial difficulties faced by households and individuals have been extended and are available upon request till 30 June 2021.
The extension is available on the following programmes:
- Capital repayment moratorium for household earning a monthly income not exceeding Rs.50,000. Interest for 3 months ending 31 March 2021 will be paid by the Bank of Mauritius.
- Capital moratorium and interest repayment relief for individuals earning a monthly income not exceeding Rs.50,000.
To apply for the above, please submit the following documents:
- Your last salary/pay slip.
- Letter from your employer indicating that your salary has been reduced or that you are otherwise impacted by Covid-19.
- Documentary evidence of self-employment, if applicable in your case.
- Marriage certificate or birth certificate (for households).
What happens after 31 December 2020?
If you have not requested for an extension of the BOM support programme or if your request has not been approved, you will resume with the repayment of your loan.
What happens after the moratorium is over?
When the moratorium is over, you will resume with repayment of your loan. Capital and interests relevant to the moratorium period will be spread over an extended loan repayment period.
We care about the financial well-being of our customers and have offered relief measures over the past months to help ease your financial burden. The HSBC Customer Assistance Programme has ended on 30 September 2020 but should you still be facing financial distress, please contact us at the earliest for a solution: