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Consumer Credit
Calculate your monthly payment for a consumer loan in Morocco.
Results
Consumer credit rates in Morocco (2026): 7–14% depending on bank and profile. Always compare the effective annual rate (TEG).
📐 Consumer loan formula
Payment = (Amount × t) ÷ (1 − (1 + t)−n)
t = annual rate ÷ 12 · n = number of months
t = annual rate ÷ 12 · n = number of months
📊 Examples (50,000 MAD loan)
| Rate | Term | Monthly payment |
|---|---|---|
| 7% | 36 months | ≈ 1,544 MAD |
| 9% | 36 months | ≈ 1,590 MAD |
| 11% | 48 months | ≈ 1,292 MAD |
| 13% | 48 months | ≈ 1,342 MAD |
💼 Consumer loan scenarios
30,000 MAD, 9%, 2 years
Payment ≈ 1,370 MAD/month, interest ≈ 2,880 MAD.
80,000 MAD, 11%, 5 years
Payment ≈ 1,740 MAD/month, interest ≈ 24,400 MAD.
💡 Practical tips
- Consumer loan rates are higher than mortgages; compare the APR, not just the nominal rate.
- A longer term lowers the payment but raises total interest.
- Avoid stacking several consumer loans to stay under the debt ratio.
⚠️ Limits and disclaimer
- Rates are indicative and vary by institution (bank or finance company).
- File fees and insurance may apply.
Official sources: Bank Al-Maghrib (bkam.ma) · Moroccan Banking Group (GPBM) · standard banking contracts.
Last updated: February 2026.
Last updated: February 2026.
❓ Frequently asked questions
How does a consumer loan differ from a mortgage?
It involves smaller amounts, shorter terms and higher rates, and requires no property collateral.
What is the APR?
The effective annual rate including interest and fees; it is the true basis for comparison.
What are consumer loan rates in Morocco?
Usually between 7% and 13% depending on the institution and the borrower's profile.
Method and reliability: informative estimate based on the stated parameters and reviewed in July 2026. See our calculation method and sources. Seek qualified professional advice before an important tax, legal, medical or financial decision.