MHC News

Top Up Loan Scheme

Purpose

To allow our customers to apply for additional funds on their existing home loan equivalent to the capital already paid.

Features

  • The loan amount range is Rs 50,000 up to a maximum of Rs 1M, with a repayment period of up to the term of the existing loan or for a maximum term of 15 years or till the age of retirement whichever is applicable.
  • Competitive interest rates

Eligibility Criteria

  • Nationality - Mauritian/Rodrigues.
  • Single and joint borrowers are eligible.
  • Maximum loan tenure - Up to the original loan term or a maximum of 15 years.
  • Client must have at least serviced the original loan for 12 months with a good repayment track record.

Promotional Offer

To allow our customers to apply for additional funds on their existing home loan equivalent to the capital already paid.

Competitive interest rates. MHC is offering a hassle-free Top Up Loan at a very attractive rate as from 6.35% p.a with no additional inscription on property thus no inscription fees.

This Top Up Loan Scheme is exclusively meant for those who have already paid part of their original loan.

Purpose

To allow our customers to apply for additional funds on their existing home loan equivalent to the capital already paid.

Features
  • The loan amount range is Rs 50,000 up to a maximum of Rs 1M, with a repayment period of up to the term of the existing loan or for a maximum term of 15 years or till the age of retirement whichever is applicable.
  • Competitive interest rates
Eligibility Criteria
  • Nationality - Mauritian/Rodrigues.
  • Single and joint borrowers are eligible.
  • Maximum loan tenure - Up to the original loan term or a maximum of 15 years.
  • Client must have at least serviced the original loan for 12 months with a good repayment track record.
Promotional Offer

To allow our customers to apply for additional funds on their existing home loan equivalent to the capital already paid.

Competitive interest rates. MHC is offering a hassle-free Top Up Loan at a very attractive rate as from 6.35% p.a with no additional inscription on property thus no inscription fees.

This Top Up Loan Scheme is exclusively meant for those who have already paid part of their original loan.

2024 MHC - Mauritius Housing Company Ltd