MHC News

Fixed Deposit - Institution

Invest with Confidence

This product is targeted for corporates, firms, parastatal bodies, government institutions and companies.

Benefits

  • Attractive interest rate.¬†
  • Automatic renewal of deposit.

Features

  • Minimum deposit: Rs 100, 000.¬†
  • Interest paid at maturity.
PERIOD 12 MTHS 24 MTHS 36 MTHS 48 MTHS 60 MTHS
Maturity* 3.50% 3.75% 4.25% 4.50% 5.00%


* linked to Key Rate 
 

How to open an HDC account for Institutions/Companies?

The following documents are required:

  • Article/Memorandum of Association
  • Board Resolutions
  • ID card of Directors
  • Proof of address of Directors - Recent utility bill (e.g. CWA, CEB, telephone) or bank statement, not older than 3 months

Notes: the HDC certificate can be collected at any MHC office.

Benefits
  • Attractive interest rate.¬†
  • Automatic renewal of deposit.
Features
  • Minimum deposit: Rs 100, 000.¬†
  • Interest paid at maturity.
PERIOD 12 MTHS 24 MTHS 36 MTHS 48 MTHS 60 MTHS
Maturity* 3.50% 3.75% 4.25% 4.50% 5.00%


* linked to Key Rate 
 

How to open an HDC account for Institutions/Companies?

The following documents are required:

  • Article/Memorandum of Association
  • Board Resolutions
  • ID card of Directors
  • Proof of address of Directors - Recent utility bill (e.g. CWA, CEB, telephone) or bank statement, not older than 3 months

Notes: the HDC certificate can be collected at any MHC office.

2024 MHC - Mauritius Housing Company Ltd