DEPOSIT TAKING

Our attractive deposit taking interest rates are linked with the amount invested. In other words, the more you save, the more you earn.

Additionally, the period of your deposits and the frequency of interest payments can be tailored to suit your needs.

Who can apply?
SICOM Financial Services Ltd accepts deposits from both Individuals and Corporates.

Individuals can open single and joint accounts. Accounts can also be opened on behalf of a minor.

Individuals living abroad can also place their money on deposit through their local representative.

APPLICANT DOCUMENTS TO BE SUBMITTED
Individual 1. Certified copy of either of the following: national identity card, current valid passport or current driving license.

2. Certified copy or original of either of the following: recent utility bill, recent bank/credit card statement or a recent bank reference.

3. In case of joint application (1) and (2) above are required for both applicants.

4. A certified copy of birth certificate is required for minors.

Opening a Deposit Account
Opening your account is easy. You can start with only
Rs 10,000.

You can either call in person at SICOM Financial Services Ltd to obtain an application form or simply call us on 203 8420 for an appointment with one of our officers.

You can also email us at sfsl@sicom.intnet.mu leaving your name, address, phone numbers so that we can get in touch with you.

Paying money in
A deposit can be made either in cash not exceeding
Rs 500,000, or by an office cheque drawn in favour of SICOM Financial Services Ltd.

Note: The Company reserves the right, not to accept any deposit without assigning any reason thereto.