bulletInterest Rates
bulletBank of Mauritius
     Template on Fees,
     Charges and      Commissions
bulletRequest & Feedback
bulletLoan Calculator
bulletOnline Applications
bulletCard Fraud Awareness
bulletGuide For Guarantors
[ Print Version ]
 SBM HOMELOAN - Limited Promotional Offer 

SBM is pleased to help you lay the foundation for your dream home with its newly revamped HOMELOAN with only 4.95% FIXED RATE IN THE FIRST 2 YEARS and benefit from superb offers at select partners !!!

You may realise your lifetime dream of purchasing a plot of land / a house / an apartment OR construction, renovation or extension of your house.

Our exclusive partners are:

Discounts at these partners will be valid until 31 December 2014.

Our exclusive offers

  • LOW FIXED RATE OF 4.95% in FIRST 2 YEARS thus considerably easing your cash flow
  • WAIVED REGISTRATION FEES for refinancing your mortgage loans from other institutions
  • 50% DISCOUNT on legal and processing fees [limited offer]
  • A MAXIMUM OF 2 YEARS moratorium on capital repayment
  • UP TO 25 years repayment period (30 years also available subject to terms and conditions implying an eased cash flow for the client with lower monthly repayments)
  • Loan in FOREIGN CURRENCY, namely USD, GBP and EURO at competitive rates
  • SPECIAL OFFERS at selected 20 PARTNERS involved in construction materials, home decor and home appliances
  • UP TO 25% DISCOUNT on photovoltaic solar systems

An attractive deal is available for non-SBM customers having no loans with other institutions but and are willing to switch to SBM to avail of our home loan offer.

  • Pre-approved credit card (upon eligibility)
  • Open to both salaried SBM and salaried non-SBM customers
  • Life assurance cover to protect your family in case of permanent disability or death of borrower
  • Quick approval, documentation and disbursement in the minimum delay if all relevant documents are duly submitted by the client at the time of application 

*Terms and Conditions apply

  • Reduced costs with a competitive interest rate over the lifetime of the loan
  • Discounts or Special Offers at our 20 select partners
  • Longer repayment period reduces the monthly installment payable, thereby allowing eligibility for a higher loan amount
  • Eased cash flow with a loan repayment period of up to 30 years and a moratorium on capital repayment option of up to 2 years
  • Transfer your existing home loan from another institution to SBM, and benefit from our competitive interest rates and innovative features which can allow you to make savings
  • For refinancing of your loan facilities with other institutions, fees and charges may also be financed along with your loan
  • Pre-approved Credit Card
  • Peace of mind with life assurance cover
 Eligibility Criteria
  • Salaried SBM customers
  • Non-SBM Salaried customers*

*Terms and Conditions apply

 Documents Required
  • National Identity Card / Passport (Borrower/Guarantor)
  • Birth Certificate / Marriage Certificate of Borrower/ Guarantor/ usufruct/ ascendants where applicable
  • Latest Utility Bill
  • Payslip for last three months
  • Last 6 months’ statement of account from current bank for non-SBM customers
  • Certificate of Balances in case of settlement of debts with other institutions
  • Salary Pledge where applicable
  • Affidavit of property owner, if deceased
  • For construction / extension / renovation of residential building, documents are:
    • Building permit, building plan (wherever applicable)
    • Site plan of property offered as security
    • Title deed/lease agreement
    • Land Surveyor’s Report
    • Details of renovation works

For more info, please call 207 0111 (from 08h00 to 18h00 during weekdays), visit any SBM branch and one of our Customer Service Representatives will advise you on the solution that best suits your project or email us at sbm@sbmgroup.mu.

bulletSecurity Tips
bulletTerms & Conditions
bulletClient Charter
Sitemap |  Disclaimer | Terms & Conditions | State Bank of Mauritius Ltd - All Rights Reserved | Business Registration Number: C07002193