Powering Women’s Businesses
Unleash your business potential with MauBank’s ElleBoost, crafted for the ambitious woman entrepreneur or companies with a majority of women as shareholders. Benefit from our tailored financial solutions, including leasing, term loans, and overdraft facilities, at concessional rates. Apply by April 30th to enjoy zero processing fees and get your complimentary GS1 standards barcode.
Leasing Facilities
Vehicle:
- Financing: 100% on new/reconditioned vehicle
- Amount: Up to Rs 1,000,000
- Rate of interest: 6.8%* (PLR-1)
- Repayment: 7 years for new vehicle
5 years for reconditioned/second-hand vehicle Equipment
Equipment:
- Financing: 100% on new equipment & 80% on second-hand equipment
- Amount: Up to Rs 500,000
- Rate of interest: 6.8%* (PLR-1)
- Repayment: 7 years for new equipment
5 years for reconditioned/second-hand equipment
*APR: 7.01 %
Security: Ownership of leased assets. Floating charge on all assets of the borrower may be requested.
Loan Facilities
For expansion of existing business activities:
- Financing: Up to Rs 500,000
- Rate of interest: 6.8%** (PLR-1)
- Moratorium: 6 months
- Repayment: 7 years (including moratorium)
*APR : 7.01 %
Overdraft Facilities
For working capital requirement:
- Amount: Up to Rs 200,000
- Rate of interest: 6.8%*** (PLR-1)
- 1 year (renewable)
*APR : 6.98 %
Security:
- For individuals: -Either Floating charge on all assets of the borrower or a Personal Guarantee acceptable to the Bank.
- For Companies: - Floating charge on all assets of the company and Personal Guarantee of the director(s).
-
-
Open your account and enjoy the many services at MauBank.
-
Car Loan
Education Loan
Personal Loan
Housing loan