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Savings accounts comparator Morocco 2026

Compare 7 Moroccan savings products: rates, caps, taxation, liquidity. Estimate net gains over 1-10 years.

How it works

Enter amount and duration. We calculate the expected after-tax yield for each Moroccan savings product, considering tax exemptions.

Compared products

#1

Bond Fund

Wafa Gestion, CDG, Attijari Finance

Investment in government and rated corporate bonds, 2-5 year horizon.

Min duration: LiquidRisk: LowIR 20% on interest
Rate
4.80%
Net gain
21,134 MAD
-5,283 Tax (20%)
Final amount
121,134 MAD

Education Savings Plan (PEE)

Attijariwafa, BP, CIH

Min 5 years, tax exempt for tuition fees.

Min duration: 60 monthsRisk: NoneExempt
Rate
3.00%
Net gain
15,927 MAD
Final amount
115,927 MAD

Term Deposit

Toutes banques

Frozen deposit 6-36 months, guaranteed fixed rate, early withdrawal penalty.

Min duration: 12 monthsRisk: NoneIR 20% on interest
Rate
3.60%
Net gain
15,475 MAD
-3,869 Tax (20%)
Final amount
115,475 MAD

Housing Savings Plan (PEL)

Toutes banques

Min 4 years, tax exempt if used for real estate purchase.

Min duration: 48 monthsRisk: NoneExempt
Rate
2.75%
Net gain
14,527 MAD
Final amount
114,527 MAD

Money Market Fund

Wafa Gestion, CDG, BMCE Capital

Highly liquid funds invested in short-term Treasury bills.

Min duration: LiquidRisk: LowIR 20% on interest
Rate
3.25%
Net gain
13,873 MAD
-3,468 Tax (20%)
Final amount
113,873 MAD

Savings Account (Banque Populaire)

Banque Populaire

Mutual passbook aligned with BAM reference rate, 500,000 MAD cap.

Min duration: LiquidRisk: NoneIR 20% on interest
Rate
2.75%
Net gain
11,622 MAD
-2,905 Tax (20%)
Final amount
111,622 MAD

Savings Passbook (Attijariwafa)

Attijariwafa Bank

Classic on-demand passbook with guaranteed capital.

Min duration: LiquidRisk: NoneIR 20% on interest
Rate
2.50%
Net gain
10,513 MAD
-2,628 Tax (20%)
Final amount
110,513 MAD
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