Can I purchase the share of any company?
SBM investment loan will finance you the purchase of only shares quoted on Stock Exchange of Mauritius or of units in open-ended Funds
How much do you finance?
We will finance you up to 60% of the purchase price of Units in open-ended funds or shares in companies listed on the Stock Exchange of Mauritius
If I am not an SBM customer, will I still be eligible for this loan?
Yes. You will have to provide a confirmation of salary, salary pledge from employer, 1 month banking at SBM and 1 months statement from existing bankers.
If I am self-employed, do I qualify for this loan?
Yes. You must have proven record of sound business management (supported by evidence of latest trading income and expenditure) and the conduct of your account must be satisfactory
Do I need to pay any penalty if I settle my loan early?
You wont have to pay any early settlement fee in event you settle the loan.
May I settle loan earlier than scheduled and sell the shares?
Yes you can |
