Silver lake co-operative credit union ltd. (Silverlake CCU) is a member-owned and member-operated cooperative society that aims to provide economic benefits and services to its valued members. (Registered Society No 2178)
We are a registered credit union, duly recognized by the Ministry of Industrial Development, SMEs and Cooperatives, Government of Mauritius since 29th August 2014.
To offer exceptional cooperative and credit union services to the public at large, catering to various segments of society, including students, SMEs, private sector employees, and the general public.
As part of the BSP Group, we have a firm intention to transform Silverlake CCU into a real SME Bank in the future. We are driven by the vision to become a leading institution that empowers SMEs and fosters economic growth.
As a member-owned cooperative society, Silverlake CCU prioritizes the well-being of its members. By becoming a member, you gain access to a wide range of financial services and benefits.
Individuals, SMEs, corporates and students
are welcome to become a member of Silverlake CCU. Those joining must be above 18 years of age, or a guardian is required in case of minors. There is a joining fee of 1000 MUR which is a one-time, non-refundable fee. Once they are members,
they are welcome to make monthly deposits starting from 500 MUR. This deposit works like a bank account which is an investment for the member. The member can access a quarterly statement, withdraw money any time and if you choose to
close the deposit, the cash can be withdrawn.
The growth rate for thedeposit is 5%. Members must contribute for a period of one year, after which they can avail of loans. The loan amount that can be availed is 3 times the amount
deposited by the member over the period of one year. The rate of interest for such loans is 11%, the loan is unsecured, i.e. without any collateral. Members only have to purchase an insurance cover along with the loan and are subject
to the terms of the insurance provider.
SMEs and Corporates who are members can contribute and benefit from these loans for working capital, cars, equipment, machinery, etc. Student members can also contribute and benefit from
these loans for fees, books, courses, etc.
We at Silver Lake Co-operative Credit Union Ltd., launched exclusive funeral services under Antim Yatra Funeral services Ltd (Under FSC approval).
The Death signifies a person's journey of leaving the earth leaving all the memories behind to be cherished by their loved ones. The pain of grief and of losing a parent, a sibling, a relative, a friend, or a pet can leave a big void in our hearts. We understand emotional moments and sorrows and hard time for the family members to resist such losses of the beloved one. During this time correct spirituals and process for departed soul is very important for the family. fact that, at this fast life and lack of less knowledge of correct rituals and process of Hindu funeral, family members feel helpless to perform these entire rituals and most of the time such spirituals are not happening due to lack of funds.
We at Antim Yatra funeral services ltd (Under the Silver Lake Co-operative Credit Union Ltd. – approval from FSC) offers various membership plans to enrol and make your own and your family members funeral expenses are planned secured. So, family doesn’t have to worry about their last-minute arrangements.
We have Standard Plan which starts from 500 MUR per month to Silver, Gold and VVIP membership plans with 1999 MUR per month to select with based on your preference.
We committed to pay fixed funeral services cost lumpsum based on the membership plans selected and make your last rituals protected and safe to be done fully by our Hindu religion process.
Our Mission is to provide companies with all the Tools and Top Quality Accounting resources at the best price.
[email protected]
(+ 230) 405 4160
(+ 230) 5250 6160
(+ 230) 5942 6160
BSP Head Office
Anandee Peerajee Tower,
8C, Sir Virgil Naz Street,
Port Louis, Mauritius
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