Credit for Notary / Adoul
Notaries (law 32-09) and adouls (Islamic law officers) benefit from ministerial officer status guaranteeing acts monopoly (real estate, succession, marriage for adouls). High stable income, AAA banking profile, banks' priority targets.
Key figures
Average income
28 000 MAD
Average rate
4%
Max duration
25 ans
Risk profile
1/5
Income structure
Beginning notary 20-35K, established notary 40-80K, renowned firm 80-150+K. Adoul: 15-35K. Tariffed fees (0.5-1.5% real estate acts value). Client deposits managed in CDG account (Deposit and Management Fund).
Banking perception
AAA profile. Legal monopoly and numerus clausus (notaries) guarantee income stability. Attijariwafa Bank and CFG Bank offer 'Ministerial Officer' products with integrated wealth management.
Mortgage credit
40% capacity of 3-year net income. Established notary at 50K/month can borrow 4-4.5M MAD over 25 years at 4.0%. Personal wealth often solid (easy down payment, mortgage guarantees).
Consumer credit
Premium auto credit up to 800K MAD at 4.5%. Office equipment loan (furniture, archiving, security, notarial software) via leasing at 5%. Significant overdraft lines (50-150K MAD) free of charge.
Specific advantages
- National Notaries Council agreement with CFG Bank
- CDG account for client deposits with paid investment
- 'Young notary installation' credit: 800K MAD at 4.2% over 15 years
- Mandatory professional liability insurance negotiated at optimized price
Points of attention
- Client deposits (CDG): cannot serve as personal guarantee
- Unlimited personal liability: high liability insurance (15-30K MAD/year)
- Numerus clausus: installation difficulty for young notaries
- Ethical risk: any dispute may lead to practice suspension
Recommended banks
Required documents
- National Notaries Council or Adouls registration certificate
- Minister of Justice appointment decree
- Last 3 IR declarations (BIC)
- Bank statements 12 months (personal and CDG accounts)
- Professional liability insurance certificate
Ready to take action?
Our official partner Wafasalaf supports you. Free comparison in 2 minutes.
Also available