Personal Loan (Unsecured)

Unsecured Personal Loan:

• Enjoy financial flexibility with no collateral required.
• Borrow up to 20× your monthly salary (maximum MUR 4 million) and repay over 7 years.
• Available to both salaried and self-employed individuals earning at least Rs 20,000 per month.
• Total repayments, including other loans, should not exceed 50% of your income.
• Apply easily with your ID, proof of income, and bank statements.
• Repayments are made via salary deduction and can be tracked in the MauBank WithMe app.
  
  

Secured Personal Loan:

• Ideal if you prefer a collateral-backed option.
• Use your property or term deposit as security to access higher loan amounts and repayment terms up to 20 years.
• Open to salaried and self-employed customers earning at least Rs 20,000 monthly, with repayments not exceeding 50% of income.
  
  

Whatever your goal, quick funds or long-term financing - MauBank’s personal loans give you choice, flexibility, and confidence.

Anyone aged 19 or above with a regular income and a good credit history can apply. To be eligible for a personal loan at MauBank, you must be a confirmed salaried employee. For self-employed applicants, relevant supporting documents such as a valid Business Registration Number (BRN), trade licence, PSV licence, planter’s card, proof of income, MRA Return or any other applicable professional certification must be submitted. Your total monthly loan repayments, including the new personal loan, should not exceed 50% of your basic salary to ensure responsible borrowing.

Yes, you can apply for a Personal Loan even if you're not a customer of MauBank, as long as you meet the eligibility criteria.

With MauBank’s unsecured personal loan, there’s no need for collateral, you don’t have to pledge any assets or property. This means faster processing and a simpler approval process, as no asset evaluation is required. Simply meet the eligibility criteria and provide the required documents to apply.