The CAP Etudes loan is directly linked to the Cap Etudes Savings plan. You can benefit from a Student Loan as from 18 years old. This loan comes with preferential terms regarding both the calculation of your loan amount and its interest rates. The purpose of the loan is to finance the cost of studies (including tuition fees, accommodation and other living expenses).
Benefits
- Loan at preferential terms, with competitive rates (loan in MUR: PLR + 1% and in other currency: INDEX + 3%)
- Loan amount - subject to the MUR 1,000,000 equivalent threshold - is calculated as follows: 30 times the total amount of interests deposited in your Cap Etudes Savings account from its opening date.
- Loan amount: up to MUR 1,000,000 equivalent or the equivalent amount in foreign currency.
- Maximum loan repayment term is 7 years
*Conditions apply - EURO Rate: Euribor 1 month; USD, GBD, AUD rates: Libor 1 month
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