Car finance in Mauritius, made simple
Compare car loans and auto lease from Mauritius’ leading banks, including MauBank, Absa, MCB Leasing, Bank One and SBM, with up to 100% financing and terms up to 8 years. We already work directly with Cim Finance and Rogers Capital, so we can arrange your finance in-house. Use our free car loan calculator, then let Drive Line get you pre-approved before you visit.
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Car loan calculator
Indicative only, at 7.9% p.a. Confirm live rates with the lender or with us.
Compare car loans & leasing in Mauritius
A side-by-side look at the main car finance options in Mauritius. Figures are indicative (2026). Drive Line confirms the live rate for your profile and car.
| Lender | Rate | Max amount | Financing | New | Used |
|---|---|---|---|---|---|
MauBank Car Loan
| From 7.8% fixedFixed rate, subject to PLR | Up to Rs 10,000,000 | Up to 100% of market value | Up to 7 years | Up to 5 years |
Absa Car Loan
| CompetitiveConfirm live rate with Absa | Up to Rs 6,000,000 | Financing available | Up to 7 years | Up to 5 years |
MCB Leasing
| On quotationPersonalised quote | On application | Up to 100% financing | 12–84 months | 12–84 months |
Bank One Car Loan / Lease
| CompetitiveConfirm live rate with Bank One | On application | Loan or lease | Up to 8 years | Up to 5 years |
SBM Auto Lease
| CompetitivePreferential rates for EV/hybrid | From Rs 200,000 | New up to 100% · used up to 90% | Up to 7 years | Up to 5 years |
Rates and terms are indicative and compiled from each lender’s public information; they change and are subject to approval. Always confirm current figures with the bank or Drive Line.
Car loan vs car lease: which is right for you?
| Car loan | Car lease | |
|---|---|---|
| Ownership | Yours from day one (bank holds a charge until settled) | Financier owns it; transfers to you after the final rental + residual value |
| Deposit | Often lower; up to 100% financing available | Up to 100% (new), which frees your cash |
| Monthly cost | Fixed instalment over the term | Can be lower with a residual/balloon at the end |
| Best for | Keeping the car long-term | Changing cars often or managing cash flow |
| End of term | You own it outright | Pay residual to own, or hand back / upgrade |
How to choose the best car loan in Mauritius
Compare more than the rate
Look at APR, processing fees, and early-settlement penalties, not just the headline interest rate.
Match the term to the car
A longer term lowers the monthly payment but costs more interest overall. Keep the term inside the car’s useful life.
Fixed vs variable
A fixed rate keeps your instalment predictable; a variable rate moves with the market. Pick for your risk appetite.
Budget the full cost
Beyond repayments, plan for insurance, road tax, fuel and servicing so the car stays affordable.
Secured is cheaper
A secured car loan (car as collateral) usually beats an unsecured one on rate. Green/EV loans can be cheaper still.
Get pre-approved first
Knowing your budget before you shop means you negotiate from strength and drive away faster.
What you need to apply
Eligibility is straightforward for most salaried and self-employed applicants in Mauritius (18+). Here’s what lenders typically ask for:
- ✓National ID card or passport
- ✓Proof of address (utility bill < 3 months)
- ✓Latest salary slips (usually last 3 months)
- ✓Bank statements (3–6 months)
- ✓Vehicle quotation or proforma invoice
- ✓Salary-credit / pledge authorisation (for salaried applicants)
Car finance FAQ
How much can I finance for a car in Mauritius?
Most Mauritian banks finance up to 100% of a new car’s value (up to 90% for reconditioned/second-hand). Ceilings range from around Rs 6,000,000 (Absa) to Rs 10,000,000 (MauBank), with leasing available on application.
What is the interest rate on a car loan in Mauritius?
Rates are competitive and depend on the lender, your profile and the car. MauBank publishes a fixed rate from 7.8%; others quote on application. Drive Line helps you compare live rates across MauBank, Absa, MCB Leasing, Bank One and SBM.
How long can the repayment term be?
Typically up to 7 years for new cars (Bank One goes up to 8), and up to 5 years for reconditioned or second-hand cars. MCB Leasing offers 12 to 84 months.
Should I take a car loan or a car lease?
A loan makes the car yours from day one and suits long-term owners. A lease can lower monthly cost with a residual value and suits people who change cars often or want to protect cash flow. Both can finance up to 100%.
Can I finance a hybrid or electric car?
Yes. Green financing is widely available. Absa offers an unsecured green loan for hybrid/EV up to Rs 6,000,000 over 8 years, MCB has a Green Lease, and SBM Eco Auto Lease gives preferential rates on electric and hybrid vehicles.
What documents do I need to apply?
Generally your National ID or passport, proof of address, recent salary slips, bank statements, and the vehicle quotation. Salaried applicants usually add a salary-credit authorisation.
Can Drive Line arrange the finance for me?
Yes. Drive Line already works directly with Cim Finance and Rogers Capital, alongside Mauritius’ major banks and leasing houses, to get you pre-approved before you visit: one enquiry, compared offers, paperwork sorted the same day.
Get pre-approved with Drive Line
One enquiry, compared offers across Mauritius’ major banks, plus our direct partners Cim Finance and Rogers Capital, with paperwork sorted the same day. Find your car and we’ll sort the finance.