Bank Muscat of Oman awards special interest rates to new borrowers

Bank Muscat presented the special offer after analyzing visitor reviews and loan reserve data very well

Muscat: In line with its customer-centric vision to deliver the most productive and conveniences to gain advantages from its customers, Bank Muscat, the Sultanate’s leading money provider, has announced the availability of financing features with special discount rates for new borrowers.

The special rates are intended for consumers with salaries of OMR 1,000 or more who recently opened an account with Bank Muscat or Bank Muscat consumers who have accounts that have not yet benefited from loan facilities. Clients must be recruited from approved quasi-government or personal sector organizations (Tier 1) to be eligible.

Bank Muscat introduced the special after extensive research of visitor feedback and loan reserve data, once again demonstrating its commitment to the visitor-centric approach. Available to workers in government and quasi-government establishments, as well as to own corporations in the insurance sector (Tier 1), the special offer includes very competitive interest rates of 4. 25% for Baituna mortgage loans and 4. 5% for non-public financing for loans. maturities. more than 48 months.

The bank added that consumers can visit its Baituna sales centers in Qurm, Mabelah, Barka, Sohar, Saham, Sur, Ibra, Nizwa, Ibri, Buraimi and Salalah or any Muscat Bank branch in Oman to learn more and request Baituna. Baituna, which is well known for its fast processing, documentation and quick disbursement, can be used to build or buy new houses, as well as to buy land for residential construction. 25 years for eligible consumers.

At the same time, consumers who want non-public financing can go to the nearest Bank Muscat branch with the required documents, adding a salary movement letter from their employer and their identity documents, which will ensure that their programs are processed quickly. Financing of up to OMR 200,000 for clients based on meeting eligibility criteria. As the Sultanate’s main monetary provider for the past four decades, Bank Muscat has the largest banking network in Oman with 146 retail bank branches and more than 800 ATMs, CDMs and FFM.

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