Fueling Mauritius with flexible leasing options

With MCB Leasing, say goodbye to the stress of negotiations. Our specialists will expertly guide you through each step, making it effortless for you to acquire your dream car.

Looking to lease a car?

Whether you're a first-time buyer or want an eco-friendly option, our flexible leasing solutions can help you achieve your personal goals.

Expert advice & flexible solutions

A personalised service

Fast turnaround time

Financing up to 100%

Flexible Residual Value

Progressive instalments

Bullet repayment facility

Communiqué

We have moved to a new core leasing and ERP software to serve you better!

In view of further harnessing technology to achieve its vision and corporate objectives, MCB Leasing has moved to a new core leasing and ERP software. These new systems will bring about enhanced efficiency and effectiveness of operations, improved customers’ journey and bettered risk management for your convenience and experience.

The new system will give all stakeholders and our customers a better and seamless experience, as it also onboards a customer portal designed to allow for a personal dashboard to access self-service functions. From access to contracts to keeping track of payment schedules, invoices and statements, you can all stay ahead of your leasing activities.

How to apply?

To apply, please complete the necessary forms and gather any supporting documents. These should be sent to [email protected].

Individual

Document checklist

Proof of Identity (Biometric NIC (recto/verso)/Valid Passport)*
Proof of address not older than 3 months*
Birth Certificate*
Occupation/Residence Permit (Applicable for Non-Mauritian citizens)
Business Registration Card (Applicable for self-employed)
Regulatory Licence (E.g. insurance agent, bookmakers...)
Marriage/Divorce Certificate (where applicable)
Proof of Identity of Spouse (NIC (recto/verso)/Passport) (where applicable)
Birth Certificate of Spouse (where applicable)
Tax Residence Country/Identification No - non-resident (Mandatory for Fixed Deposit only)
Salary Slips (Last 3 months)*
Latest 6 months bank statements*
Source of funds/wealth (if not savings) (Applicable for deposit)
MRA Return (Mandatory for Self-Employed)
Business Plan/Statement (Applicable for self-employed)

Downloadable forms

Application Form*

CIF duly completed and signed by client (Occupation/Salary/Pension etc)*

Electronic/Marketing/Group Consent*

Letter of authority (MCIB) (Mandatory for leasing only)*

Authorisation to Share Information - Individual*

All documents marked with an asterisk (*) are mandatory and must be submitted.

SME

Document checklist

Certificate of Incorporation*
Business Registration Card*
VAT Certificate*
Relevant license issued by the public authority or regulator*
Proof of Identity (Biometric Identity Card (recto/verso)/Passport Card - Directors/Significant Shareholders/Ultimate Beneficial Ownership/Authorised Signatories)*
Recent Proof of Address - Directors/Significant Shareholders/Ultimate Beneficial Ownership/Authorised Signatories*
Organisation structure
Register of directors & shareholders dated less than 3 months where appropriate*
Signed Financial statements for last 2 years OR Business plan (for newly incorporated companies)
Board Resolution*

Downloadable forms

Application Form*

Electronic/Marketing/Group Consent*

Letter of authority (MCIB)*

Authorisation to Share Information - Non-Individual*

Declaration of Beneficial Ownership dated less than 3 months*

All documents marked with an asterisk (*) are mandatory and must be submitted.

Corporate

Document checklist

Certificate of Incorporation*
Business Registration Card*
VAT Certificate*
Relevant license issued by the public authority or regulator*
Proof of Identity (Biometric Identity Card (recto/verso)/Passport Card - Directors/Significant Shareholders/Ultimate Beneficial Ownership/Authorised Signatories)*
Recent Proof of Address - Directors/Significant Shareholders/Ultimate Beneficial Ownership/Authorised Signatories*
Organisation structure
Register of directors & shareholders dated less than 3 months where appropriate*
Latest Audited Financials OR Business plan (for newly incorporated companies)*
Board Resolution*
Register of directors & shareholders dated less than 3 months where appropriate
Signed Financial statements for last 2 years OR Business plan (for newly incorporated companies)

Downloadable forms

Application Form*

Electronic/Marketing/Group Consent*

Letter of authority (MCIB)*

Authorisation to Share Information - Non-Individual*

Declaration of Beneficial Ownership dated less than 3 months*

All documents marked with an asterisk (*) are mandatory and must be submitted.

MCB Leasing Fixed Deposit Interest Rates

Effective 15 July 2024

Minimum Amount Rs 100,000,000.00
Period (Months)	% Interest Rate per annum
	Payable at Maturity
6	30bps over the last 182 GOM Treasury Bills weighted average yield at the time of deposit

Minimum Amount Rs 2,000,000.00
Period (Months)	% Interest Rate per annum
Period (Months)	Payable Monthly	Payable Quarterly	Payable Half-Yearly	Payable Yearly	Payable at Maturity
36	3.65%	3.70%	3.80%	3.95%	4.20%
48	3.85%	3.90%	4.00%	4.15%	4.40%
60	4.10%	4.15%	4.25%	4.40%	4.70%

Also note that:

The interest rate is fixed over the deposit period;
In case MCB Leasing Limited accepts to redeem a deposit prior to maturity, a penalty shall be applied on the amount of the fixed deposit from its opening date up to that on which the refund is made on fixed deposits. The penalty is 2% per annum.
All deposits are subject to the approval of the Managing Director