Whether you're buying a home, saving for the future, or starting a business, interest rates play a crucial role in your financial decisions. In Mauritius, these rates impact loan affordability, investment returns, and economic stability. Understanding how interest rates work can help you make smarter financial choices.
The Bank of Mauritius sets the key interest rates that influence all local banks and lenders. Our Interest Rate Calculator helps you see exactly what your repayments will be—so you can plan your budget and avoid surprises.
1. Enter your loan amount (in Mauritian Rupees)
2. Select your loan term (in years or months).
3. Input the interest rate (%) offered by you.
4. Click Calculate to see your results instantly!
Loan Amount: Rs 300,000
Loan Term: 20 years
Interest Rate: 5.00%
Results:
Monthly Payment: Rs 1,979.87
Total Interest Paid: Rs 175,168.13
Total Cost of Loan: Rs 475,168.13
Payoff Date: April 2045
Number of Payments: 240
Try your own numbers above to see how your loan would look!
Instant Results: Get a clear breakdown of your monthly payments, total interest, and payoff date.
Compare Scenarios: Test different loan amounts, terms, and rates to find the best fit for your budget.
Stay Informed: Make smarter financial decisions with up-to-date information on loan products and interest rates in Mauritius.
Up to 100% financing for first-time buyers
Repayment periods up to 35 years
Competitive interest rates starting from 5.49%
For weddings, travel, medical emergencies, or home renovations
Flexible terms and quick approval
Finance up to 100% of your car’s value
Repayment up to 8 years
Special green car loans for electric vehicles
For undergraduate and postgraduate studies, locally or abroad
Covers tuition and related expenses
Grace periods before repayment
For entrepreneurs and small businesses
Competitive rates and flexible terms
The following table provides an overview of the average loan amounts, typical interest rate ranges, and common repayment periods offered by financial institutions in Mauritius as of 2025. Please note that these figures are indicative and actual terms may vary depending on the lending institution, individual borrower profiles, and prevailing economic conditions.
| Loan Type | Loan Amount Range | Interest Rate Range | Repayment Period |
|---|---|---|---|
| Housing Loans | Up to Rs 15 million | 5.49% - 6.60% | Up to 35 years |
| Personal Loans | Rs 50,000 - Rs 2 million (or more) | 6.50% - 9.54% | Up to 15 years |
| Car Loans | Up to 100% of car value (max Rs 1.5M) | 6.50% - 7.80% | Up to 7 years |
| Education Loans | Rs 25,000 - Rs 5 million | Starting from 7.15% | Up to 20 years |
| Business Loans | Up to Rs 10 million | Around 7% | Up to 5 years |
For small and medium enterprises (SMEs) and business owners in Mauritius, managing cash flow and planning for growth are essential. An interest rate calculator is a powerful tool that helps you:
Estimate Loan Repayments: Instantly see your monthly or yearly repayment amounts for business loans, equipment financing, or working capital.
Compare Financing Options: Test different loan amounts, terms, and interest rates to find the most cost-effective borrowing solution for your business.
Budget with Confidence: Understand the total cost of borrowing—including interest—so you can plan your business finances accurately and avoid unexpected expenses.
Support Decision-Making: Use the calculator to assess the impact of new investments or expansion plans, ensuring your business remains financially healthy.
Whether you’re launching a new venture, expanding operations, or upgrading equipment, our interest rate calculator gives you the clarity and confidence to make smart financial decisions for your business.
Interest rates don’t just affect loans—they also impact your savings and investments.
Higher rates mean better returns on fixed deposits and savings accounts, encouraging more saving.
Lower rates may push investors to seek higher returns in stocks, real estate, or other assets.
Use our calculator to see how different rates can affect your financial plans.
Compare offers from multiple banks before committing.
Consider future rate changes and how they might affect your budget.
Check for early repayment options and any penalties.
Our interest rate calculator helps you estimate your monthly repayments, total interest paid, and the total cost of your loan. Simply enter your loan amount, select the term (in years or months), and input the interest rate. The calculator instantly provides a detailed summary, including your payoff date and number of payments.
As of April 2025, most banks in Mauritius offer housing loan interest rates between 5.49% and 6.60%. Personal loans typically range from 6.50% to 9.54%, while car loans are usually between 6.50% and 7.80%. Always check with your bank for the latest rates, as they may vary based on loan type and your financial profile.
To calculate your loan repayments, you need to know the loan amount, the interest rate, and the repayment period. Enter these details into the Mauritius loan calculator. The tool will show your monthly payment, total interest, and total cost of the loan, making it easy to compare different scenarios and plan your budget.
The best loan options in Mauritius for 2025 depend on your needs:
Home Loan / Housing Loans: Up to 100% financing, long terms (up to 35 years), and competitive rates starting from 5.49%.
Personal Loans: Flexible for various needs, with quick approval and amounts up to Rs 2 million or more.
Car Loans: Finance up to 100% of the car’s value, including green car loans for electric vehicles.
Education Loans: Cover tuition and related expenses, with grace periods and competitive rates.
Business Loans: Tailored for SMEs and entrepreneurs, with flexible terms and competitive rates.
Yes! The calculator works for housing, personal, car, education, and business loans. Just enter the relevant loan details to get accurate repayment information.
Using a calculator helps you understand your financial commitment, compare loan offers, and avoid surprises. It empowers you to make informed decisions and choose the best loan for your needs.
A: Interest rates in Mauritius are influenced by the Bank of Mauritius and can change based on economic conditions, inflation, and monetary policy. It’s important to stay updated with your bank or financial news for the latest changes.
Disclaimer: While we strive for accuracy, always consult with a qualified professional for critical land measurement matters.
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