..:: State Bank of Mauritius ::..

31 Jul 2010

Guarantees
a) Performance Bonds	For personal customers, 1.5% p.a. for 1st Rs10,000,000: For amount over Rs 10,000,000, as per arrangement For corporate customers, for credit facilities of up to Rs10,000,000: - 1.5% p.a. For credit facilities above Rs 10,000,000, as per arrangement

b) Tender Bonds	For personal customers, 1% flat for 1st 6 mths (0.25% additional quarterly) Min: Rs600 For corporate customers, for credit facilities of up to Rs10,000,000: - -1% flat for 1st 6 months (0.25% additional quarterly). - For credit facilities above Rs 10,000,000, as per arrangement

c) Advance Payment	For personal customers, 2.0 % p.a. (min Rs 600) For corporate customers, for credit facilities of up to Rs10,000,000: - 2.0 % p.a. with a minimum of Rs 600. - For credit facilities above Rs 10,000,000, as per arrangement

d) Avalised Bill of Exchange	2.0% p.a. - min: Rs1,000

e) Money Guarantees	2.0% p.a. - min: Rs600

f) Customs & Others	1.5% p.a. - min: Rs600

g) Financial Standing	0.1% with a minimum of Rs2,500 & maximum of Rs10,000

h) Amendment to guarantee	Rs400