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Get your Green Personal Loan at 5.9% p.a

Start green living for a brighter future

Make the choice to lead a more conscious lifestyle with HSBC Green Personal Loan

Sustainable living is not only about doing less harm to our environment, but about doing more good around you by choosing eco-friendly solutions for a greener and brighter future.

Our Green Personal Loan has been expressly designed to further support your transition to a greener lifestyle through affordable funding to: protect natural resources, reduce pollution, and help to save the planet through renewable energy use, clean transportation, among others.

Our preferential green personal loan offer

  • Variable rate at only 5.9% p.a for loan amount up to Rs 2 million

  • No handling fees and no other charges

  • Flexible loan repayment period up to 5 years

  • No early repayment fee for full or partial early loan repayment

  • Available for purchase of selected environmentally friendly products and services for your personal use:

    - Solar Water Heaters

    - Photovoltaic cells (to generate electricity)

    - Rainwater harvest equipment

    - Energy efficient equipment and installation of electric appliances (with minimum high energy - performance rating A+++, A++ and A+). Note electric bulbs are excluded.

    - Electric vehicle

    - Eco-friendly paint

How much will you repay?

Below illustration, monthly repayments for different loan amounts and terms, is based on rate of 5.9% per annum

Loan tenor (years)
Rs.100,000
Rs.200,000
Rs.300,000
3 3,038
6,075
9,113
4 2,344
4,688
7,032
5 1,929
3,858
5,786

Below illustration, monthly repayments for different loan amounts and terms, is based on rate of 5.9% per annum

Loan tenor (years)
3
Rs.100,000
3,038
Rs.200,000
6,075
Rs.300,000
9,113
Loan tenor (years)
4
Rs.100,000
2,344
Rs.200,000
4,688
Rs.300,000
7,032
Loan tenor (years)
5
Rs.100,000
1,929
Rs.200,000
3,858
Rs.300,000
5,786

Note: Annual Percentage Rate (APR) is at 5.9%. Rates are variable.

Eligibility criteria

To apply for a green personal loan, you must satisfy the following criteria:

  • Resident of Mauritius
  • Aged between 18 to 65 years (loan to terminate at 65 years or retirement age)
  • Earn a minimum monthly income of MUR 25,000

Criteria mentioned above are for indicative purposes only. Customers are recommended to talk to a branch representative for more details.

Documents required for personal green loan application:

  • Proof of identity – (National Identity Card or Passport)
  • For fixed income: last 3 salary slips (or latest month salary slip if salary is credited to an HSBC account)
    For variable income: last 12 months' salary slips.
  • Bank statements for the last 2 months (if salary is not credited to a HSBC account)
  • Latest utility bill - e.g. Central Electricity Board (CEB), Central Water Authority (CWA), or Mauritius Telecom (MT)

Note:

To avail of the green personal interest rate and benefits, a copy of the original receipt of the product purchased should be produced (after your loan is disbursed)

We may in some cases, require other documents from you. Our staff will advise you accordingly.

Why HSBC offers green personal loan?

We are committed to the transition to a global net zero economy, not just by playing our part, but by helping to lead it. We're doing this across the bank and by supporting our customers in their own transitions.

We also recognise that our planet urgently needs drastic and lasting action to protect our communities, customers and natural environment from the damaging effects of climate change. Therefore, we are also mobilising finance to make this happen - for our customers to realise the opportunity to build a more sustainable, resilient, and prosperous future.

Terms and conditions apply.

Note: We draw your attention to the existence of the Mauritius Credit Information Bureau (MCIB). Please click here to find out more about Mauritius Credit Information Bureau. Rates are variable and linked to either HSBC Base Lending Rate or Bank of Mauritius Key Repo Rate. These are subject to fluctuations anytime.

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