SBI (Mauritius) Ltd is one of the leading international banks operating in Mauritius. The Bank is a locally incorporated subsidiary of the State Bank of India (SBI), the largest bank in India. SBI has a long tradition of trust with more than 200 years of service in the banking sector and is the largest bank in India. The SBI Group has more than 22,219 branches, more than 62,617 ATMs and a worldwide presence with 235 foreign offices in 36 countries spanning all time zones.
SBI Mauritius has emerged in the local banking sector with the aim of making world-class banking services accessible to all and offering dedicated banking solutions and professional financial services to its valued customers.
The bank’s core values are Integrity, Customer Care and sound Corporate Governance apart from following best international practices. The Bank is committed to being a responsible corporate citizen and a significant player in the Mauritian Banking Sector.
SBI Mauritius has 15 fully integrated branches in major towns and villages in the country, including Rodrigues, and 20 ATMs at different locations.
SBI Mauritius operates in global as well as domestic sectors, offering a comprehensive range of products and services in Corporate, Retail and Personal Segments. The Bank offers end-to-end solutions, ranging from multi-currency deposit accounts, with fixed and floating rates, loans at attractive interest rates, forex transactions, internet banking etc. The Bank is also an active participant in the international as well as domestic syndicated loan market. With its robust linkages with the various correspondent banks across the globe, international money transfers are done efficiently and with the least cost.
Some of the Retail products offered by the Bank are:
- Online INR Remittance to India Internet Banking with Transaction Rights
- Auto Sweep Deposits
- Forex Recurring Deposits
- SBI Express
- SBI Safe Deposit Lockers
- SBI Education Loan
- SBI Special Conveyance Loan
- SBI Special Home Loan
- SBI Personal Loan
- SBI Senior
- SBI GenNext
The bank is also at the forefront of bringing assistance to the weaker sectors of Mauritian society through its Corporate Social Responsibility activities.