MauBank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
MauBank suits people in Mauritius who want easy access to savings or straightforward personal and home loans. Its savings account has a monthly fee of MUR 0, while personal loans carry an APR of 10% and free early repayment.
Key facts
Loans
- APR
- 10%↗
- Loan amount
- MUR 50,000 to MUR 4,000,000↗
- Term
- 84 months↗
- Arrangement fee
- 1% of facility amount, minimum MUR 1,000↗
- Funding time
- Within 48 hours upon submission of all documents↗
- Rate type
- Variable↗
- Lender type
- Direct lender↗
- Free early repayment
- Yes↗
- Eligibility
- Age 19 or above, regular income, minimum monthly salary MUR 20,000; salaried or self-employed applicants in Mauritius; total monthly loan repayments not above 50% of basic salary↗
- Origination fee (%)
- 1%↗
- Loan types
- Personal, Debt-consolidation, Secured↗
- Credit needed
- Good↗
- Use cases
- Home-improvement↗
- Pricing model
- No monthly fee
Savings
Mortgages
Personal insurance
- Insurance types
- Auto, Home, Life, Travel↗
- Provider type
- Broker↗
- Age range
- no specific age limit; doctor recommendation from age 70 (Travel Insurance)↗
Facts checked September 26, 2026, 11 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- The savings account offers round-the-clock access, no notice period and a monthly fee of MUR 0.
- Personal loans include free early repayment and funding Within 48 hours upon submission of all documents after all documents are submitted.
- The savings account has a variable rate of 3.2% to 3.4%.
- Home loans support purchases, remortgages and first-time buyers.
Cons
- The savings account requires a minimum deposit of MUR 500.
- Personal loan applicants need good credit under the stated eligibility requirements.
- The home loan rate is variable, so it may change.
Who it suits
- Mauritian adults with regular income who want savings access without a notice period.
- Salaried or self-employed borrowers seeking personal loans for home improvement, debt consolidation or secured borrowing.
- Homebuyers and existing homeowners considering purchase or remortgage finance.
Who should look elsewhere
- People seeking a savings account with no minimum deposit.
- Borrowers without a good credit profile or regular income.
- People who need a fixed home-loan rate.
Rates and terms
MauBank's savings headline rate is 3.2% to 3.4%, and the account rate is variable. Personal loans have an APR of 10% with terms of 84, free early repayment and funding Within 48 hours upon submission of all documents after all documents are submitted. Home loans carry an initial rate of 6% and may support up to 100% loan to value.
Who runs it
MauBank is MauBank Limited, based in Mauritius and founded in 2016. It operates as a direct lender for personal loans and offers insurance through a broker. Customer support is available through phone and email, giving savers and borrowers a stated point of contact for account or lending questions.
How MauBank compares
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Frequently asked questions
What does the MauBank savings account cost?+
The savings account has a monthly fee of MUR 0. Applicants must meet a minimum deposit of MUR 500, and the available headline rate is 3.2% to 3.4%. The account is designed for savers who want flexible access rather than a fixed-term product.
How flexible is access to savings?+
Savings can be accessed or grown at any time. MauBank states that the easy-access account offers round-the-clock access with no notice period. This makes it more suitable for emergency cash and short-term saving goals than a product that restricts withdrawals.
What are the main personal-loan terms?+
The personal-loan APR is 10%, with a facility amount of MUR 50,000 to MUR 4,000,000 and a term of 84. Applicants need good credit, regular income and a minimum monthly salary under the stated eligibility rules. The stated use is home improvement.
Can a personal loan be repaid early?+
Yes. MauBank offers free early repayment on personal loans, which can reduce the interest paid when a borrower settles the facility ahead of schedule. Funding is stated as Within 48 hours upon submission of all documents after submission of all required documents.
What home-loan options are offered?+
MauBank home loans can support purchases, remortgages and first-time buyers. The stated initial rate is 6%, and the maximum loan to value is 100%. The rate type is variable, so borrowers should account for the possibility of future rate changes.
Who operates MauBank and how can customers make contact?+
The legal entity is MauBank Limited, based in Mauritius and founded in 2016. Support runs through phone and email. MauBank is also described as a direct lender for personal loans, while its insurance offering uses a broker model.
Sources
- maubank.mu checked September 26, 2026
Backs: Insurance types
“Insurance - Personal Pension Plan / Life Insurance / Child Education Plan / Travel Insurance / Home Insurance / Personal Accident / Fire & Allied Perils / Marine Insurance / Motor Vehicle Insurance”
- maubank.mu checked September 26, 2026
Backs: Legal entity
“MauBank Limited”
- maubank.mu/contact-us checked September 26, 2026
Backs: Headquarters, Support channels
“25, Bank Street, Cyber City, Ebene 72201, Republic of Mauritius”
- maubank.mu/fees-charges checked September 26, 2026
Backs: Free early repayment, Headline rate, Arrangement fee, Origination fee (%), Product fee
“N.B : No early repayment fee will be applicable on credit facility in Mauritius currency availed by Individuals on or after 1 January 2014”
- maubank.mu/maubank-group checked September 26, 2026
Backs: Founded
“MauBank launched its business operations on 4 January 2016, and since its inception, it has steadily positioned itself as one of the key banking institutions in Mauritius”
- maubank.mu/news/2026/communique-changes-in-interest-rates checked September 26, 2026
Backs: Rate type
“Following the recent increase in Key Rate, MauBank hereby informs its valued customers and the public in general that the new interest rates applicable, effective 05 June 2026, will be as follows:...”
- maubank.mu/retail/cards/debit-cards checked September 26, 2026
Backs: Card type
“Debit Cards | MauBank Limited”
- maubank.mu/retail/day-to-day/savings-account/savings-account checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Pricing model, Monthly fee
“Full flexibility - Access or grow your savings anytime; 24/7 access - Manage your savings anytime, anywhere”
- maubank.mu/retail/insurance/travel-insurance checked September 26, 2026
Backs: Age range, Provider type
“There is no specific age limit for travel insurance applicants. However, for individuals aged 70 and above, a doctor's recommendation confirming fitness to travel will be required.”
- maubank.mu/retail/loans/home-loan checked September 26, 2026
Backs: Initial rate, Maximum loan to value, Purpose
“Home Loan - Interest Rate 6% - The interest rate is fixed.”
- maubank.mu/retail/loans/personal-loan-unsecured checked September 26, 2026
Backs: Loan amount, APR, Credit needed, Eligibility, Funding time, Lender type, Loan types, Term, Use cases
“Personal Loan (Unsecured) - Minimum Amount: MUR 50,000 | Maximum Amount: MUR 4,000,000”
Compiled from 11 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Related by the facts
MauBank
Mauritian savers and borrowers seeking straightforward banking with flexible savings access.