MCB Rupys
- For children aged between 0-17 years old
- Open an account without a minimum balance
- Earn preferential interest rates at different milestones
- Free Visa Prepaid card at the age of 13
- Eligible to preferential rates on MCB Campus to finance further studies in Mauritius or abroad
- Easily manage your child's account until his/her majority
- A monthly CSG Child Allowance of Rs 2,000 from the Government of the Republic of Mauritius to children aged up to three years for the months of July 2023 to June 2024. For more info please click here
| Account Balance (Rs) From | Account Balance (Rs) To | Interest Rate |
|---|---|---|
|
1 |
10,000.00 |
Savings rate + 0.05% |
|
10,000.01 |
100,000.00 |
Savings rate + 0.10% |
|
100,000.01 |
1,000,000.00 |
Savings rate + 0.20% |
|
>1,000,000.01 |
Savings Rate |
Great benefits and features
Documents to open your account
Birth certificate of child
Parent’s National ID card
A proof of address (CEB, CWA or MT bill). If the bill is in another person’s name, please bring along an authorization letter from this person together with a copy of his/her National ID card.