» 17 Nov 2017
Financial Statements
Unaudited Financial Statements for the period ended 30 Sep 2017
 
» 13 Nov 2017
COMMUNIQUE
Communique on Intouch Banking
 
» 18 Sep 2017
Communique
Communique on New PLR and SB Rate.
 
» 01 Sep 2017
Communique
Financial Statements
 
» 01 Sep 2017
Communique
PUBLICATION OF INTERIM (QUARTERLY) FINANCIAL STATEMENTS.
 
» 29 Aug 2017
Communique
Communique on our New Platform of Internet Banking Services.
 
» 25 Aug 2017
sbiINTOUCH Digital Banking
What is sbiINTOUCH Digital Banking Outlet:
 
» 23 Aug 2017
Communique
DUE TO MAINTENANCE ACTIVITY OUR INTERNET BANKING SITE WILL NOT BE AVAILABLE. THE INCONVENIENCE IS REGRETTED
 
» 07 Aug 2017
Communique
Notice to Internet Banking Customers
 
» 27 Jul 2017
SBIML financial statements
SBIML financial statements
 
» 01 Jul 2017
Important Communique for ATM Card Holders
All our ATM Card Holders are hereby advised that some international fraudsters may be unauthorisedly using your cards through some skimming attempts...
 
» 19 Nov 2016
Communique
We wish to advise our esteemed customers that in line with the Bank of Mauritius Guidelines the clearing processes are reviewed with effect from 28.11.2016 and .....
 
» 18 Nov 2016
Communique
Important Announcement for Debit Card Holders visiting India
 
» 09 Nov 2016
SBI Interim Financial Statement
SBI Interim Financial Statement - sep 2016
 
» 30 Jun 2016
Documentation required for opening of account
KYC Documentation
 
» 28 Jun 2016
Communique
Beware of Fake Websites, Phishing Email Important Safety related Communique for Internet Banking Users
 
» 13 Jun 2016
Communique
Closure and merger of China Town Branch with Port-Louis Main Branch
 
» 13 Jun 2016
Communique
MBA Code of Ethics and of Banking Practice Edition 2016 Web Version
 
» 15 Mar 2016
Important Communique
Beware of phishing emails, fake websites
 
» 14 Mar 2016
Communique
Frequently Asked Questions (FAQs) on International Usage of ATM/Debit Cards.
 
» 11 Mar 2016
Communique
Important Notice for our ATM & Debit Card Holders Travelling abroad
 
» 27 Mar 2015
BOM & FSC communique on MasterCard
BOM & FSC communique on MasterCard - 27th March 2015
 
» 25 Mar 2015
US FATCA Compliance By Mauritian Banks
Compliance by Mauritian banks to the US Foreign Account Tax Compliance Act (FATCA)
 
» 04 Mar 2015
MBA KYC Policy
KNOW YOUR CUSTOMER (KYC)
 
» 05 Feb 2015
Important Safety related Communique for Internet Banking Users
Our esteemed customers are hereby cautioned against acting upon any unsolicited phishing emails and should avoid giving personal and confidential information such as ‘User name’ and ‘Passwords’.
 
» 22 Sep 2014
Communique
NEW PROCEDURE OF CHEQUE TRUNCATION SYSTEM(CTS)
 
» 08 Sep 2014
Offsite ATM at Super Unic Supermarket
Offsite ATM at Super Unic Supermarket ,Quatre Bornes is operational as from 5 sep 2014.
 
» 17 Jul 2013
Daily ATM Cash Withdrawal Limit
The Daily ATM Cash Withdrawal limit will stand revised MUR 20,000/- w.e.f 01 Aug 2013
   
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» SBI Smart Credit

SBI SMART CREDIT

  • For salaried class & self-employed  
  • Open to SBI Customers & Non-SBI Customers
  • Turn your debit card to credit
  • Convenient to use
  • Lower cost than a conventional credit card 

What is the SBI SMART CREDIT ?

  • A debit card with a credit facility of up to MUR 250,000 or even more
  • Multipurpose use
  • Draw cash on ATM in Mauritius and worldwide
  • Pay for your purchases anywhere in the world at point of sales
  • Cheque Book facility is attached to SMART CREDIT
  • Use Internet Banking also on this credit

Features

(1) Salaried Customers 

Eligibility: Minimum basic Salary: MUR 10,000
              Must be in confirmed employment
              Employer: Firm of repute/Parastatal or State

Limit: (i) Unsecured :- 3 months basic salary (Maximum MUR100,000)

           (ii) Secured :- Maximum MUR250,000. Higher limit can be considered

                             if security is adequate.

Rate of Interest: (i) Clean OD :- PLR + 5%

                                (ii) Secured by Fix/Floating Charge:- PLR + 3%

                                (iii) Secured by Fixed Deposit:- Fixed Deposit Rate + 2% - Min PLR

Period: 12 months subject to renewal

Processing Fee: 1% or 0.25% if secured by Fixed Deposit

 

(2) Self-employed 

Eligibility: Minimum monthly income: MUR 10,000

               Own an established business

Limit: (i) Unsecured :- NIL

           (ii) Secured :- Maximum MUR250,000. Higher limit can be considered

                             if security is adequate

Rate of Interest: (i) Clean OD :- N/A

                                (ii) Secured by Fix/Floating Charge:- PLR + 3%

                                (iii) Secured by Fixed Deposit:- Fixed Deposit Rate + 2% - Min PLR

Period: 12 months subject to renewal

Processing Fee: 1% or 0.25% if secured by Fixed Deposit

 

Be Smart Be Relaxed

Apply now at SBI nearest Branch