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MCB Rupys
It's never too early to get money-wise! MCB Rupys-Tiered Savings Account is the most suitable way to make savings for all children under 18 years old and to discover a world of advantages and opportunities.
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
Tiered savings account
| 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 |
MCB Education Plan
Plan for your child’s future now with an education savings plan that offers practical investment options tailored to fit your means and objectives.
Manage your MCB Rupys account
Easily access and manage the MCB Rupys savings account through MCB Juice or Internet Banking.
MCB Juice
MCB Juice is your digital wallet. Pay your utility bills, manage your cards, accounts and bank transfers in a seamless swipe, and enjoy exclusive discounts.
Internet Banking
Be in control, keep track of your finances when it suits you - with Internet Banking. No need to step in a branch, we’ve made banking easier for you - from the comfort of your home.
Get on the savings path today
Get the paperwork ready and book an appointment by calling +230 202 6060.
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.