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Improve my home
ISLAH LOAN +
Description
Conditions of eligibility
Extra points
Description
What is the "ISLAH+" loan?
The "Islah+" loan is an offer for people on modest incomes, reserved for financing renovation, repair, extension, division or connection to water and electricity of a home or premises.
Is the "ISLAH+" loan right for me?
The "Islah+" loan is designed for self-employed entrepreneurs, patented businesses, individuals with a civil liability certificate, legal entities and cooperatives.
What are the advantages of "ISLAH+" credit?
"Islah+" credit offers the following advantages:
- Suitable: the right solution for all repair and renovation needs.
- Affordable : enables people on low incomes to improve their homes.
- Precise : all credit conditions are clearly defined in advance, including monthly repayments, administration fees, repayment terms and late payment penalties.
What amounts and terms are available for the "ISLAH+" loan?
The amounts granted vary between 50 000 and 75 000 Dirhams, depending on the customer's creditworthiness and repayment capacity, and are repayable in monthly instalments over a period of between 6 and 96 months.
Conditions of eligibility
You must be under 70 years of age before the end of the loan term, a Moroccan national and have no outstanding loans with other local financial institutions.
Other criteria are required and presented to the branch when the loan application is formalized.
Extra points
- Customers benefit from a wide range of insurance cover during the term of their loan.
- Customers are provided with a MADMOUN payment account into which the loan amount is released, and through which installment payments are made securely and with just a few clicks.
- Every year, the Arrawaj Foundation offers its customers the chance to take part in various events, such as exhibitions at trade fairs and shows, or to compete for prizes and subsidies.
Testimonial
L. KHADIJA & H. RACHID - Local products
EL JADIDA
This credit enabled us to expand our product range to include organic and gluten-free products. Today, these products are displayed at trade fairs, national exhibitions and private sales with our customers.
HOW DOES IT WORK ?
1
SUBMIT YOUR CREDIT APPLICATION AT A BRANCH
Bring your valid National Identity Card (CIN) to the branch nearest to your home or place of work.
2
OBTAIN AN AGREEMENT IN PRINCIPLE
Once your application has been completed and submitted, your file will be reviewed and you will be notified of the decision.
3
RECEIVE YOUR FINANCING QUICKLY
As soon as your application has been accepted, your financing is paid into your payment account.
HOW DOES IT WORK ?
1
SUBMIT YOUR CREDIT APPLICATION AT A BRANCH
Bring your valid National Identity Card (CIN) to the branch nearest to your home or place of work.
2
OBTAIN AN AGREEMENT IN PRINCIPLE
Once your application has been completed and submitted, your file will be reviewed and you will be notified of the decision.
3
RECEIVE YOUR FINANCING QUICKLY
As soon as your application has been accepted, your financing is paid into your payment account.
