• Application Form

  • FAQs

  • Calculate Your Lease

    LEASE CALCULATOR

    1. Lease Amount / Amount to Lease

    2. Lease duration (Months)

    3. Are you applying as an individual or a corporate

    4. Type of lease

    5. Residual value (Rs)
    *Minimum 18% of lease amount

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    LEASE CALCULATOR

    Please tell us how we can contact you:

    *Need any help? Call us on (230) 405 4050.

    LEASE CALCULATOR

  • LEASE CALCULATOR

    1. Lease Amount / Amount to Lease

    2. Lease duration (Months)

    3. Are you applying as an individual or a corporate

    4. Type of lease

    5. Residual Value (Rs)
    *Minimum 18% of lease amount

  • APPLICATION FORM
  • FAQ
    • What are the fees applicable for a lease request?

      Each lease request attracts fees, some of which are charged by the lessor and others are imposed by regulatory bodies (Registrar General, NTA, …) A Facility Fee of 1% is charged by the lessor for each lease request and a registration fee + stamp duty is charged by the Registrar General for the registration of the lease contract.

    • What is the minimum deposit required for a leasing facility?

      For new vehicles:

      • Minimum deposit equivalent to the VAT amount

      For Second hand/reconditioned vehicles:

      • Minimum deposit of VAT + a minimum deposit of 10% of the value of the vehicle
    • What is the maximum period for a lease?

      For new vehicles:

      • 5 years with a minimum deposit equivalent to the VAT amount
      • 7 years with a minimum deposit of VAT + a minimum deposit of 10% of the value of the vehicle

      For second hand/reconditioned vehicles:

      • 4 years for vehicles registered since 5 years
      • 5 years for vehicles registered since 4 years
    • What are the documents I need to provide when purchasing a second-hand vehicle?

      For Individual:

      • ID card recto-verso of vendor
      • Copy of horse power of vehicle
      • Letter of intent from vendor

      For Corporate:

      • Certificate of Incorporation
      • BRN and VAT number if applicable
      • Letter of intent from vendor
      • ID card recto-verso of Directors

      NB: Please refer to the full list of documents detailed on this website for an individual or corporate lease application.

    • My lease has expired and sale deeds collected, what's the next step?
      • You will need to go to the NTA to remove the “gage” on vehicle;
      • Thereafter go to the Registrar of Companies (General) at Emmanuel Anquetil Building, Port Louis to register the sale deeds;

      And finally return to the NTA with all documents (i.e. original horse power, registered sale deeds and insurance certificate to register the vehicle and obtain new horse power certificate) as the final step to bringing your lease to an end.

ARTICLES

20 APRIL 2020

Pour l’achat d’équipements : SPICE Finance « leasing » désormais accessible aux PME

SPICE Finance Ltd, acteur majeur du secteur financier mauricien et membre du groupe AXYS, a mis en place une offre spéciale pour soutenir les petites et moyennes entreprises (PME) les plus vulnérables en temps de crise de Covid-19.

LEARN MORE

Pour l’achat d’équipements : SPICE Finance « leasing » désormais accessible aux PME
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ARTICLES

27 JULY 2017

Our rebranding – AXYS Leasing to SPICE Finance

Change is vital to growth. We thought it was time to put forward a new image of ourselves, one that better represents our energy.

We believe that SPICE better reflects our journey, our experience, and the successes that have made us a trusted leader in asset finance and deposit taking.

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