BMCI review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

BMCI suits Moroccan borrowers who want a fixed-rate personal loan from a bank they already bank with, at an APR of 4.99%. The confirmation fee is small and the file fee is free, but money only moves after a statutory withdrawal period, so it suits planned purchases rather than urgent ones.

Key facts

Best for
A fixed-rate personal loan for an existing BMCI customer in Morocco.
APR
4.99% (Source, checked September 26, 2026)
Loan amount
MAD 2,000 to MAD 300,000 (Source, checked September 26, 2026)
Term
6 to 84 months (Source, checked September 26, 2026)
Arrangement fee
0 MAD TTC file fee plus 40 MAD TTC confirmation fee (Credit Conso offer) (Source, checked September 26, 2026)
Funding time
Funds paid from the 7th day after acceptance of the credit contract (statutory withdrawal period) (Source, checked September 26, 2026)
Representative example
Credit Conso: 180,000 MAD over 18 months, 18 instalments of 10,756 MAD TTC including death-disability insurance, total credit cost 13,648 MAD TTC, TEG 4.99% HT (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Any adult private customer with at least 3 months of banking history (12 months for professional customers) (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Banque Marocaine pour le Commerce et l'Industrie (BMCI), SA a Directoire et Conseil de Surveillance, RC Casablanca 4091 (Source, checked September 26, 2026)
Headquarters
Morocco (Source, checked September 26, 2026)
Founded
1943 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
bmci.ma

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
X

Pros and cons

Pros

  • APR of 4.99% on a fixed-rate personal loan
  • No file fee on the Credit Conso offer, only a confirmation fee
  • Borrowing room from MAD 2,000 to MAD 300,000 over terms of 6 to 84
  • Help by phone, email and a help centre on phone, email and help centre

Cons

  • Funds are paid only after a statutory withdrawal period once the credit contract is accepted
  • Eligibility needs a minimum banking history with the bank, longer for professional customers
  • Only personal loans are offered, so there is no wider product range
BMCI

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Scored 9.4 / 10 by BorrowCue.

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Who it suits

  • Existing BMCI customers with a banking history the bank will accept
  • Adults in Morocco funding a planned purchase such as a car or home project
  • Borrowers who want a fixed rate and can wait out the withdrawal period

Who should look elsewhere

  • Anyone needing the money the same day, given the waiting period after acceptance
  • Borrowers without a banking history with the bank
  • Shoppers wanting a loan with a variable rate or a wider product range

How your money is protected

The representative example on the Credit Conso offer shows instalments that include death and disability insurance, so both the monthly figure and the total credit cost carry that cover. No protection scheme is listed for this product, so check the contract terms for what applies if you cannot repay.

How BMCI compares

Where BMCI is available

Available
Morocco

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does BMCI charge on a personal loan?+

The published APR is 4.99% on a fixed rate, so the rate does not change during the loan. The representative example shows a TEG of 4.99% before tax on the Credit Conso offer. A fixed rate keeps instalments predictable, which is easier to budget around.

What fees are charged on top of the rate?+

On the Credit Conso offer the file fee is free and the only charge is a confirmation fee. So the headline APR of 4.99% is close to the whole cost of borrowing. Ask for the confirmation fee amount in writing before you sign.

How much can I borrow and over what term?+

Personal loans run from MAD 2,000 to MAD 300,000 over terms of 6 to 84. That range suits both a modest purchase and a larger project such as a car or home fitting. The lender lends directly, so you deal with the bank rather than a broker.

How long does it take to get the money?+

Funding starts from the seventh day after the credit contract is accepted, because that period is the statutory withdrawal period. Plan for a short wait rather than same-day money. If speed is the deciding factor, look elsewhere.

Who can apply?+

Any adult private customer qualifies if they have a minimum banking history with the bank, and professional customers need a longer history. Because the test leans on your banking record, a thin file elsewhere may still work here. An account with BMCI already open is worth having first.

Is the loan fixed or variable?+

It is a fixed-rate loan, which is the safer option for budgeting since instalments do not move with market rates. The published figure to compare is the APR of 4.99%. Variable options are not listed for this product.

What does the representative example show?+

The example covers the Credit Conso offer and shows the instalments including death and disability insurance, with the total credit cost shown alongside. Insurance inside the instalment means the monthly figure is not pure interest. Ask what the cost is without that cover before you commit.

How do I get help with the loan?+

Support runs on phone, email and help centre, so you can call, write by email or use the help centre. A bank of this age, founded in 1943, is used to handling questions face to face in branch too. Keep the contract reference handy when you call.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check.

Related by the facts

BMCI

BMCI

A fixed-rate personal loan for an existing BMCI customer in Morocco.

9.4/10See alternatives

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