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Credit by profession

Credit for Military / Gendarme

Military and gendarmes benefit from Morocco's best banking profile, equal to civil civil servants. Total security, guaranteed pay, enhanced pension. Banks grant them lowest rates and extended durations up to 30 years.

Key figures

Average income

10 000 MAD

Average rate

3.9%

Max duration

30 ans

Risk profile

1/5

Income structure

Variable pay per grade: NCO 6-12K, Officer 15-30K, General 50-100+K. Operation, mission, risk bonuses. Pension 75-90% of last pay. In-kind benefits (housing, transport, free healthcare).

Banking perception

Absolute AAA profile, identical to civil servants. Repayment via CNT, zero default guarantee. Specific agreements with Attijariwafa Bank and CIH Bank for FAR.

Mortgage credit

40% borrowing capacity of pay (excluding variable bonuses). Officer at 20K/month can borrow 1.8M MAD over 30 years at 3.9%. Service housing for some grades.

Consumer credit

Consumer credit 12 months pay. Auto credit at 5% over 7 years. Regular interest-free advances via military mutuals (FNOM, Mohammed V Foundation).

Specific advantages

  • FNOM and Mohammed V Foundation mutuals (health, social, aids)
  • FAR dispensary rate (- 0.5 pt vs civil civil servants)
  • Service housing or housing allowance
  • Enhanced pension after 20+ years service

Points of attention

  • Frequent transfers: plan residence financing for post-career
  • Military commitment: impact on residential mobility
  • Risk/mission bonuses not counted in base capacity
  • Retirement preparation: complementary military PER recommended

Recommended banks

Required documents

  • Last 3 pay slips
  • Service order and grade
  • Military ID
  • CNT commitment signed by FAR Treasury
  • Family book
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