MauBank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

MauBank is a Mauritius lender for salaried and self-employed borrowers with a regular income, offering a fixed rate of 10% on personal, debt consolidation and secured lending. Funds arrive Within 48 hours upon submission of all documents, and early repayment carries no charge, so a planned payoff adds nothing to the bill.

Key facts

Best for
Mauritian salaried or self-employed borrowers consolidating debt or funding home improvements.
APR
10% (Source, checked September 26, 2026)
Loan amount
MUR 50,000 to MUR 4,000,000 (Source, checked September 26, 2026)
Term
84 months (Source, checked September 26, 2026)
Arrangement fee
1% of facility amount, minimum MUR 1,000 (Source, checked September 26, 2026)
Funding time
Within 48 hours upon submission of all documents (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
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 (Source, checked September 26, 2026)
Origination fee (%)
1% (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Secured (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
MauBank Ltd (Source, checked September 26, 2026)
Headquarters
Mauritius (Source, checked September 26, 2026)
Founded
2016 (Source, checked September 26, 2026)
Support channels
Email, Phone (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
maubank.mu

Mortgages

Initial rate
6% (Source, checked September 26, 2026)
Maximum loan to value
100% (Source, checked September 26, 2026)
Product fee
MUR 1,000 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage, First-time-buyer (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
MauBank Ltd (Source, checked September 26, 2026)
Headquarters
Mauritius (Source, checked September 26, 2026)
Founded
2016 (Source, checked September 26, 2026)
Support channels
Email, Phone (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInfacebook.com

Pros and cons

Pros

  • Fixed rate of 10% across loans of MUR 50,000 to MUR 4,000,000 keeps the monthly cost steady.
  • Early repayment carries no charge, so paying off early costs nothing.
  • Funding Within 48 hours upon submission of all documents.
  • A direct lender covering personal, debt consolidation and secured borrowing, so the decision sits with the same bank.

Cons

  • An origination charge of 1% of facility amount, minimum MUR 1,000 sits on top of the rate, so a small facility still pays the minimum.
  • Support runs on email and phone only.
  • Total monthly loan repayments must stay within a set share of basic salary, which shuts out borrowers already carrying monthly debt.
MauBank

Ready to try MauBank?

Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Salaried and self-employed borrowers in MU with a regular income and a clean credit record.
  • Anyone consolidating several debts into a single fixed-rate repayment.
  • Borrowers who expect to clear a loan early and want no charge for doing so.

Who should look elsewhere

  • Cashspace, whose rates run at PHP 12 to PHP 36, if a wider rate band suits the borrowing better than a single fixed rate.
  • Monzo Flex, quoted at 10% to 23%, if you want a different rate band to weigh against 10%.
  • Cashspace ES, listed at 0%, for anyone who wants a very different cost base on the table.

How it compares on our data

MauBank ranks at position 157 of 350 brands on rate, and at position 40 of 232 on term length. The term ranking is the stronger of the two, so a longer repayment window than most of the field is what sets this lender apart.

The company behind it

The lending entity is MauBank Ltd, based in Mauritius and founded in 2016, so the rate, the contract and the servicing all sit with the same bank. Support runs on email and phone: an applicant or a borrower with a running facility can put questions to the bank by phone or by email.

How MauBank compares

Where MauBank is available

Available
Mauritius

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate would I pay on a MauBank personal loan?+

MauBank's personal loan runs at 10%, and the rate is fixed for the life of the loan, so the monthly figure holds. That is a single stated rate rather than a band you pick from, which makes the cost straightforward to set against lenders quoting variable or promotional pricing.

What fees does MauBank charge on a loan?+

There is an origination charge of 1% of facility amount, minimum MUR 1,000 on the facility, with a product fee of MUR 1,000 at the lower end. Early repayment carries no charge, so settling the balance sooner adds nothing to the bill and the fixed rate applies across the whole term.

How much can I borrow and how long can I take to repay?+

Borrowing runs MUR 50,000 to MUR 4,000,000, and the term can stretch to 84 of repayments. A longer term spreads the same facility across more instalments, so weigh the total repaid rather than the monthly amount alone before you commit.

Who is eligible for a MauBank loan?+

MauBank lends in MU to adults with a regular income, salaried or self-employed, subject to a minimum monthly salary and a cap on total monthly loan repayments as a share of basic salary. Applicants also need good credit.

How quickly does the money reach me?+

Funding is Within 48 hours upon submission of all documents, so speed depends on having the document set right first. MauBank is a direct lender rather than a broker, which means the application and the decision sit with the same bank rather than passing through an intermediary.

Can I repay the loan early without a penalty?+

Early repayment is free, so clearing the balance before the end of the 84 term costs nothing extra. Because the rate is fixed rather than variable, paying sooner simply ends the interest you would otherwise have paid on the outstanding balance.

What can I use a MauBank loan for?+

The stated range covers personal, debt consolidation and secured lending, and home improvement is the named use on the personal loan. That fits a planned renovation, a household purchase, or bringing several existing debts into a single fixed-rate repayment.

Does MauBank lend for a home purchase or a remortgage?+

On the home loan the initial rate is 6%, and lending runs to a maximum loan to value of 100%. The stated purposes are purchase, remortgage and first time buyer, so a purchase, a remortgage and a first-time buyer are all covered by the same product.

Sources

  • maubank.mu/contact-us checked September 26, 2026

    Backs: Support channels

    “Call (+230) 405 9400 ... Our Contact Centre is available 24/7. General Enquiries info@maubank.mu”

  • maubank.mu/fees-charges checked September 26, 2026

    Backs: Free early repayment, 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”

  • 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, Pricing model, Rate type, Term, Use cases

    “Personal Loan (Unsecured) - Minimum Amount: MUR 50,000 | Maximum Amount: MUR 4,000,000”

  • maubank.mu/terms-policies/general-terms-and-conditions checked September 26, 2026

    Backs: Headquarters, Legal entity

    “MauBank Ltd. 25, Bank Street, Cybercity, Ebene 72201, Republic of Mauritius”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Representative example.

MauBank

MauBank

Mauritian salaried or self-employed borrowers consolidating debt or funding home improvements.

9.0/10See alternatives

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