Bank Muscat, the flagship financial services provider in the Sultanate, in step with its ‘Let’s Do More’ vision and commitment to partnership in enhancing banking services, has lined up attractive personal finance offerings coinciding with Muscat Festival, Oman’s tourism and cultural showpiece being held from 14 January to 13 February in Al Amerat Park and Naseem Garden.
A never to be missed opportunity for citizens and residents, the range of unique offers available only coinciding with Muscat Festival include special interest rate on personal loans; 6 months payment holiday on home loans, a convenient facility for vehicle finance and quick disbursement, and special offers include free Al Jawhar Platinum Credit Card for a year for each customer in privilege banking who apply for banking facilities.
Abdullah Tamman Al Mashani, Deputy General Manager – Institutional sales & Product Development, said: “Coinciding with Muscat Festival, Bank Muscat is delighted to complement the celebratory mood in Oman with an exclusive range of personal finance offerings. In step with responsible banking, the focus of Bank Muscat is clear – create a sustainable financial platform for the nation and people and thereby contribute to the country’s progress and development. Committed to supporting economic growth and sustainable development, the bank utilises every opportunity to reiterate partnership in building the nation by creating opportunities for individuals and businesses to grow and prosper.”
Aimed at simplifying and enhancing convenience to help customers meet their financial requirements, Bank Muscat is offering personal finance at 4.5 per cent for Omanis and 5 per cent for expatriates. The exclusive opportunity reiterates the bank’s commitment to extending the helping hand to fulfill the financial needs of customers. This is the first time a finance offer of this kind with a range of add-on benefits is being made available to the largest banking family in Oman. What is noteworthy, is that these rates are valid for the entire tenure of the loan, so that customers do not face any unexpected surprises regarding the installment and tenure, thus maintaining full transparency.
The attractive baituna home finance at 4.25 per cent provides customers the unique option to buy their dream home and start repayment after six months. Committed to extending all possible support to achieve the objective of a ‘home for every family’, especially youth, the attractive baituna home finance offer with repayment holiday is positioned to give a boost to the real estate sector and benefit citizens across Oman to fulfill their dream homes.
Baituna facilitates access to prime residential projects in Oman as all leading property developers are associated with the bank. The attractive features of baituna home finance include low interest rates with maximum loan tenure up to 25 years for Omani customers. The low interest rate is a big attraction to avail the best home finance deals in the Sultanate. Citizens and residents can obtain easy and convenient credit approval across the bank’s 137 branches and dedicated baituna centres in the Sultanate.
The Sayyarati auto finance available at low interest rates starting from 4 per cent is an opportunity for customers to buy the latest 2016 models. Customers can also avail of 1 year short-term loan facility at 3% which can be used for meeting the down payment requirements of the vehicle/dealer. Sayyarati financing is available for up to 8 years for new and used vehicles, along with the lowest monthly payment option, on-the-spot approvals and motor insurance with low premiums.
Notably, customers are also not required to furnish post-dated cheques, making Sayyarati the easy, convenient and completely hassle-free way to own a new car. Payment installments are automatically debited from customer account on a monthly basis. Customers can visit any auto dealership or Bank Muscat branches to avail Sayyarati finance.
