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Savings Account

Why Save with MauBank?

MauBank savings accounts combine attractive returns with the flexibility and convenience you need to manage your goals with confidence.

  • Competitive Interest Rates – Earn more on your deposits
  • Full flexibility – Access or grow your savings anytime
  • 24/7 access – Manage your savings anytime, anywhere
  • Bank with confidence – Stability you can count on, service you can trust
Key Features & Benefits of Standard Savings Account

Bank on the go with MauBank Savings Account — smart, secure, and tailored for you.

Earn Interest on Your Savings
Interest is calculated on a daily balance and credited on a half-yearly basis, in accordance with the Bank’s prevailing tariff structure. A minimum balance of MUR 5,000 is required to be eligible for interest accrual.
Minimum Initial Deposit
Start saving with an initial deposit of MUR 500, making it accessible for all savers.
Available in Multiple Currencies
Open your account in MUR, USD, EUR, or GBP, offering flexibility for international transactions.
No Monthly Service Charges
Enjoy fee-free account maintenance, allowing you to save without additional costs.
Easy Access to Your Funds
Pay and withdraw worldwide — over 31M outlets and 1M ATMs.
Free Internet & Mobile Banking
Monitor your balance, transfer funds, and manage transactions from anywhere with MauBank's digital banking solutions.
Seamless Payment Solutions
Set up standing orders and direct debits to automate bill payments and other financial transactions.
Linked Visa Debit Card
Make secure payments, withdraw cash, and manage expenses with a Visa Debit Card, accepted locally and internationally.
Who Can Open a Savings Account in Mauritius?

MauBank savings accounts are open to individuals and expatriates looking for a secure and flexible way to manage their funds. 

  • Eligibility Criteria
  • Required Documents For individuals:
  • Required Documents For expatriates:
  • How to Open a Savings Account at MauBank
  • Manage Your Savings with MauBank Digital Banking
  • Mauritian citizens, residents, and expatriates
  • Individuals aged 18 and above (Junior accounts available for minors)
  • Businesses and corporate entities looking for multi-currency savings solutions
  • National ID card or passport
  • Birth certificate
  • Proof of address (CEB, CWA, or MT bill – less than 3 months old)
  • If the bill is in your parent’s/spouse’s name, a birth/marriage certificate or lease agreement + NIC of the landlord is required
  • Valid passport & residence permit
  • Proof of employment or valid work contract
  • Proof of address in Mauritius
  • Choose Your Preferred Savings Account

Explore MauBank’s range of savings accounts and select the one that best fits your financial needs.

 

  • Gather Your Required Documents

Ensure you have the necessary identification and proof of address ready for submission as mentioned above.

 

  • Download & Fill Out the Application Form

Download the account opening form or collect it at any MauBank Business Centre.

 

  • Visit a MauBank Business Centre

Submit your documents and completed application form at your nearest MauBank Business Centre.

 

  • Make Your Initial Deposit

Depending on the type of savings account you choose, deposit the minimum initial amount to activate your account.

 

  • Receive Your Debit Card & Online Banking Access

Once your account is successfully opened, you’ll receive your MauBank Visa Debit Card and access to MauBank e-Banking & Mobile Banking.

 

Open a MauBank Savings Account Today 

 

CTA:  Find a Business Centre/Schedule an appointment

MauBank provides secure, convenient, and efficient digital banking solutions to help you manage your savings anytime, anywhere.

 

MauBank e-Banking & MauBank WithMe

 

Access your savings account online with MauBank’s user-friendly digital banking platform.

  • 24/7 Account Access – Check balances, track transactions, and view account history.

  • Fund Transfers – Instantly transfer money between accounts or to other banks.

  • Bill Payments & Standing Orders – Automate bill payments and recurring transactions.

  • e-Statements – Receive digital statements for easy financial tracking.

 

Register for Online Banking

Download MauBank WithMe

 

ATM Services & Card Payments

 

Access your savings account online with MauBank’s user-friendly digital banking platform.

  • 30+ ATMs across Mauritius for withdrawals and deposits

  • Visa Contactless Debit Card for secure and convenient shopping

  • International transactions supported for global financial flexibility

 

Find ATMs

 

Security & Protection

 

MauBank ensures the highest security standards for online transactions.

  • Real-time fraud monitoring and alerts

  • Secure encryption for all digital transactions 

Frequently Asked Questions

Opening a personal savings account at MauBank is a fast and straightforward process that typically takes around 15 minutes when done at a Business Centre. You’ll need to bring along your National ID or passport, your birth certificate, along with a recent proof of address dated within the last three months. If the proof of address is not in your name, supporting documents confirming your relationship with the named individual will be required 

 

After completing the account opening form and making an initial deposit of MUR 500, your account can be activated on the same day. Once your account is set up, you’ll also have access to MauBank’s digital banking services via the WithMe app, allowing you to manage your savings anytime, anywhere.

At MauBank, interest on savings accounts is calculated daily based on your account balance and credited at specific intervals depending on the account type. For most standard savings accounts—including Junior, Smart, and MoneyGrow—interest is paid twice a year, typically in May and November. For Senior Prime accounts, interest is credited monthly, offering more frequent returns. This structure allows your savings to grow steadily while giving you predictable access to earned interest.