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Education Loan

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About this loan

Bank names, quoted passages and source-document text are shown in their original language. Translated explanations do not replace the bank’s terms.

Pursue undergraduate and postgraduate studies with a tailored financing solution for your academic goals.

  • Repayment period up to 20 years
  • Moratorium on capital during study period (max. 5 years) and 3 months after completion of study
  • Covers university fees, accommodation, air ticket and living expenses*

Eligibility and conditions

  • Advertised tariff labels retain their asterisks; verify applicable qualifying terms. The tariff update date is a benchmark snapshot, not a product effective date.
  • Disclaimer We provide this calculator for convenience to you to deliver results based on your input and assumptions, to be used at your own risk. It is provided to you for information purposes only, and does not constitute any financial or investment advice in any form or manner and it should not be used for any other purpose. It is a guide only, and we do not guarantee the accuracy of any information thereof. We strongly recommend that you seek the advice of a Relationship Manager before applying for a loan. This calculator will not pre-qualify you for any facility whatsoever with MauBank Ltd. The results presented by this calculator are hypothetical and may not reflect the exact amount. MauBank Ltd, its officers, agents and affiliates do not accept responsibility for any errors or omissions whatsoever in relation to this calculator, and do not accept liability for any loss, damage, inconvenience experienced or otherwise, caused in respect of any reliance on this calculator or information on this website or for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools.
  • Applicable to Mauritian citizens and Mauritian permanent residents only
Rates, limits and costs to confirm

Bank website calculator example: 8%

An illustration, not a guaranteed offer or a contractually fixed rate. Your quoted rate may differ.

Advertised bank pricing: Educational loan* | As from PLR - PLR + 1.25%

PLR: 8.05% · 2026-06-05

Bank calculator input ranges: MUR 100,000.00 – MUR 5,000,000.00 · 12–240 months

Calculator ranges are not eligibility or approval limits. Published conditions and discrepancies remain relevant.

Calculator example 8% annually; tariff: Educational loan* | As from PLR - PLR + 1.25%. PLR snapshot 8.05% as at 2026-06-05. Calculator 'fixed' wording is not a contractual fixed-rate guarantee.

Capital moratorium interest treatment and whether study/grace periods fall inside the advertised repayment period are unknown; study-phase modelling is unsupported.

The covered-expenses statement has an asterisk; its qualifying terms require review.

Costs not yet priced

  • General retail tariff (applicability, timing and tax require confirmation): Processing & Handling fees on loans/overdraft | 1% of Facility amount subject to a minimum of 1,000/-. No generic processing charge has been applied automatically to this product.
  • Insurance, valuation, registration, legal and other applicable charges are unpriced pending individual scope and tax review.
Sources & verification (8 facts)
Estimate config

Checked 30 Sept 2026

WHAT ARE YOU LOOKING FOR? Home Retail Loans Education Loan Education Loan Education Loan in Mauritius – Fast, Flexible Financing with MauBank Pursue undergraduate and postgraduate studies with a tailored financing solution for your academic goals. We support you at every phase of your studies and give you the means to achieve your career goals. get an estimate GET IN TOUCH Features All applications will be subject to the Bank’s usual assessment Moratorium on capital during study period (max. 5 years) and 3 months after completion of study Covers university fees, accommodation, air ticket and living expenses* Competitive interest rate Flexible terms of payment Fast approval and disbursement Repayment period up to 20 years Available to non-customers In-house insurance facilities Applicable to Mauritian citizens and Mauritian permanent residents only Estimate Your Education Loan Repayments Use our online loan estimator to calculate your monthly repayments and get a clearer view of your financial commitment. Loan Amount Rs Rs 100,000 Rs 5,000,000 Please specify the amount of loan you require Loan Tenure year(s) 1 year 20 years Please specify loan tenure Interest Rate 8 % The interest rate is fixed. Monthly Installment Rs 0 Your estimated monthly installment Total Repayment Total amount you will repay over full tenure 0 ! Disclaimer We provide this calculator for convenience to you to deliver results based on your input and assumptions, to be used at your own risk. It is provided to you for information purposes only, and does not constitute any financial or investment advice in any form or manner and it should not be used for any other purpose. It is a guide only, and we do not guarantee the accuracy of any information thereof. We strongly recommend that you seek the advice of a Relationship Manager before applying for a loan. This calculator will not pre-qualify you for any facility whatsoever with MauBank Ltd. The results presented by this calculator are hypothetical and may not reflect the exact amount. MauBank Ltd, its officers, agents and affiliates do not accept responsibility for any errors or omissions whatsoever in relation to this calculator, and do not accept liability for any loss, damage, inconvenience experienced or otherwise, caused in respect of any reliance on this calculator or information on this website or for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Other Loan Products Offered by MauBank Home Loan Owning a home is one of life’s most significant milestones. With MauBank’s Home Loan in Mauritius, you benefit from tailored financing solutions th... LEARN MORE Car Loan Looking to buy a new or second-hand car? LEARN MORE Sending email...

Document: MauBank education

Document section: Product features, eligibility, FAQ and calculator disclaimer

Website section: Retail / Loans

Bank breadcrumbs: Retail → Loans

Found via: Source page → education

Downloaded 30 Sept 2026, 11:30. Effective from: Not stated.

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Estimate config

Checked 30 Sept 2026

<div class="loan_cal_nouislider_box" data-max="5000000" data-min="100000" data-step="10000" data-unit="Rs "> <div class="loan_cal_nouislider_info"> <div class="loan_cal_nouislider_title">Loan Amount</div> <div class="loan_cal_nouislider_amount input_amount"> Rs <input class="value cal_input" type="number" value="100000"/> </div> </div> <div class="loan_cal_nouislider_range"> <div class="loan_cal_slider"></div> <div class="loan_cal_num"> <span class="lownum">Rs 100,000</span> <span class="highnum">Rs 5,000,000</span> </div> <div class="loan_cal_numtxt"> Please specify the amount of loan you require </div> </div> </div> <div class="loan_cal_nouislider_box" data-max="20" data-min="1" data-step="1" data-unit=" years"> <div class="loan_cal_nouislider_info"> <div class="loan_cal_nouislider_title">Loan Tenure</div> <div class="loan_cal_nouislider_amount input_amount"> <!--<span class="value">5</span>--> <input class="value cal_input" type="number" value="1"/> year(s) </div> </div> <div class="loan_cal_nouislider_range"> <div class="loan_cal_slider"></div> <div class="loan_cal_num"> <span class="lownum">1 year</span> <span class="highnum">20 years</span> </div> <div class="loan_cal_numtxt"> Please specify loan tenure </div> </div> </div> <div class="loan_cal_nouislider_box" data-max="8" data-min="8" data-step="0.1" data-unit="%"> <div class="loan_cal_nouislider_info"> <div class="loan_cal_nouislider_title">Interest Rate</div> <div class="loan_cal_nouislider_amount"> <span class="value">8</span>% </div> </div> <div class="loan_cal_nouislider_range"> <!--<div class="loan_cal_num">--> <!-- <span class="lownum">10%</span>--> <!-- <span class="highnum">10%</span>--> <!--</div>--> <div class="loan_cal_numtxt"> The interest rate is fixed. </div> </div> </div> const rate = 8; Interest Rate 8 % The interest rate is fixed

Document: MauBank education

Document section: Calculator controls and executable annual-rate constant

Website section: Retail / Loans

Bank breadcrumbs: Retail → Loans

Found via: Source page → education

Downloaded 30 Sept 2026, 11:30. Effective from: Not stated.

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Checked 30 Sept 2026

Educational loan* | As from PLR - PLR + 1.25%; Prime Lending Rate (PLR) | 8.05%; Last updated – 5 June 2026

Document: MauBank comparison

Document section: Interest Rates (per annum) / Individuals; snapshot date, not product effective date

Website section: Retail / Cards / Credit Cards

Bank breadcrumbs: Retail → Cards → Credit Cards

Downloaded 29 Sept 2026, 11:17. Effective from: Not stated.

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Retail (MUR) Corporate (MUR) SME (MUR) Loan and Advances Processing & Handling fees on loans/overdraft 1% of Facility amount subject to a minimum of 1,000/- 1% of Facility amount subject to a minimum of 2,500/ or as per loan/overdraft agreement 1% of Facility amount subject to a minimum of 1,000/- (Government guaranteed SME schemes - Free) Renewal of Facilities 1% with a minimum of 1,000 and Maximum of 1,000.- and Maximum of MUR 5,000.- or as per loan agreement 1% of facility subject to a minimum of MUR 5,000.- or as per overdraft agreement’ 1% with a minimum of MUR 1,000 and Maximum of MUR 10,000.- or as per loan agreement Processing & Handling fees for facilities secured against Fixed Deposits Partly Secured 1% of loan amount (Minimum 1,000/-) 1% of the facility amount subject to a Min of MUR 1,000/ or as per loan agreement 1% of facility amount subject to a minimum of MUR 1,000/.- or as per loan agreement Fully Secured 1% of loan amount (Minimum 1,000/-) 1% of the facility amount subject to a Min of MUR 500/ or as per loan agreement 1% of facility amount subject to a minimum of MUR 1,000/.- or as per loan agreement Management fees on loans and Overdrafts 500 / - July 1000 / - July 1000 / - July Discounting fee per bill 500 / - per bill 500 / - per bill 500 / - per bill Ad-hoc Temporary Overdraft Fee Flat Fee of 300 /- Flat Fee of 300 /- Flat Fee of 300 /- Temporary Overdraft Facility 1% p.a. (Pro-rata Min 2,000/-) 1% p.a. (Pro-rata Min 2,000/-) 1% p.a. (Pro-rata Min 2,000/-) Temporary Increase in OD Limit 1% p.a. (Pro-rata Min 1,000/-) 1% p.a. (Pro-rata Min 1,000/-) 1% p.a. (Pro-rata Min 1,000/-) Commitment Fee on Loans 1% of any undrawn balance 1% of any undrawn balance 1% of any undrawn balance Processing fee on Loan approved but not availed 1,000/- 1,000/- 1,000/- Penalty for Early repayment of Loans Flat 1.0% on amount paid in advance on non-BPA Loans availed prior 1st Jan 2014 Flat 1.0% on amount paid in advance on non-BPA loans Flat 1.0% on amount paid in advance on non-BPA loans N.B : No early repayment fee will be applicable on credit facility in Mauritius currency availed by Individuals on or after 1 January 2014 Site Visit Reports 500/- per Site Visit 2000/- per Site Visit 1000/- per Site Visit Security Charges Change of Security 500 / -+ Govt fees 500 / -+ Govt fees 500 / -+ Govt fees Cession De Priorite 1,000/- 1,000/- 1,000/- Partial Erasure 500/- + Govt duty 500/- + Govt duty 500/- + Govt duty Pari passu request 1000/- 1000/- 1000/- Other consent letters/ Revalidation 500/- 500/- 500/- Erasure of Charge fee/ Removal of Lien-NTA 200/-+ Govt fees 200/-+ Govt fees 200/-+ Govt fees Renewal Of Charge 200/-+ Govt fees 200/-+ Govt fees 200/-+ Govt fees Vetting of Corporate Document NIl NIl NIl Vetting of Charge Document NIl NIl NIl "Quittance Deed and Main Levee" 500/- 500/- 500/- Search Cost Vetting of Title Deeds 500/- 500/- 500/- At Conservator of Mortgage’s office 500/- per search report 500/- per search report 500/- per search report At Registrar of Companies 500/- per search report 500/- per search report 500/- per search report Valuation Fees Valuer’s fees plus MUR 200/-Minimum 4200/- Valuer’s fees plus 2000/-Minimum 5000/- Valuer’s fees plus MUR 200/- Minimum 4200/- Valuation Fee- Facility amount less than valuation amount and Facility falls under BPA N/A N/A N/A Valuation fee - vehicles Valuer’s fee plus 200/- minimum 1500/- Valuer’s fee plus 200/- minimum 1500/- Valuer’s fee plus 200/- minimum 1500/- MCIB charges N/A 100/- per report 100/- per report(Government guaranteed SME schemes - Free) Maintenance Fees (Charged every 6 months - end of May and November ) Ledger Fee 001-050 140/- 140/- 140/- 051-100 290/- 290/- 290/- 101-150 440/- 440/- 440/- 151-200 590/- 590/- 590/- 201-250 740/- 740/- 740/- Number of Tnx Above 250 890/- 890/- 890/- Payoff Letter 500 /- per document 500 /- per document 500 /- per document Re-issue of sales deed for vehicles 1000 1000 1000 Issuance of Office (Bank) cheque 175/- 175/- 175/- Photocopy of Documents 15/- per page 15/- per page 15/- per page Reminder fee for credit facilities under Borrowers Protection act N/A N/A N/A First Reminder fee for credit facilities outside Borrowers Protection Act 175/- per reminder 175/- per reminder 175/- per reminder Second Reminder fee for credit facilities outside Borrowers Protection 200/- per reminder 200/- per reminder 200/- per reminder Penalty Fee for exceeding authorised limit (Facilities under BPA) 2% above applicable rate for individuals 5% above applicable rate for individuals 2% above applicable rate for individuals Penalty fee for exceeding authorised limit ( Facilities granted prior Jan 2014 ) 5% above applicable rate 6% above applicable rate 5% above applicable rate Penalty fee for exceeding authorised limit ( Facilities on or after 1 Jan 2014 ) 2% above applicable rate 5% above applicable rate 2% above applicable rate

Document: MauBank fees

Document section: Loan and Advances tariff including column headings, conditions and early-repayment footnote; no automatic fee application

Website section: Retail / Cards / Credit Cards

Bank breadcrumbs: Retail → Cards → Credit Cards

Downloaded 29 Sept 2026, 11:17. Effective from: Not stated.

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Product version 1 · 30 Sept 2026

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