As a retiree, you have the possibility to subscribe to consumer credit.

Indeed, you have the right of withdrawal. Your request, written, dated, and signed by you, can be submitted within a period of 7 days, starting from the signing of the loan offer. It allows you to renounce your credit without having to justify yourself and without penalty.

It is the act of repaying your loan in advance, before its end, either in full or partially, at your request, at any time during the life of the loan. These early repayments will be made without penalties for consumer credit.

Generally, it represents between 45% and 50% of your income. However, the bank reserves the right to apply a lower debt ratio (depending on the client's profile) and may exceed the 50% threshold set in certain cases.

It is the portion of your income that you dedicate to repaying your loans, all combined. It is important to consider all your loans (consumer credit, mortgage, auto loan, etc.).

Consumer credit allows you to finance all types of expenses related to important moments: renovation work, a wedding project, a trip, or an unexpected event. It can be taken out online on the website www.creditdaba.ma or in one of our BANK OF AFRICA branches.

Other expenses to consider include notary fees, registration fees at the land registry, insurance fees, housing loan application fees, and fees for water and electricity installation/connection.

It is a guarantee that the bank takes on your property to protect itself in case you are no longer able to pay your installments. The mortgage is subject to a notarial deed and registration with the land registry.

This is a document that details the repayment installments and remaining amounts due period by period. It is provided upon granting the mortgage. You can request a copy from your advisor at any time.

The Annual Percentage Rate (APR) is the total cost of credit expressed as an annual percentage and calculated according to the standards set by Bank Al Maghreb.