Ahli Bank offers ‘Comfort Loan’ scheme – Times of Oman

Ahli Bank offers ‘Comfort Loan’ scheme – Times of Oman

Muscat: Catering to the diverse needs of the customers, Ahli Bank is offering a unique scheme, 'Comfort Loan' to enable customers to realise their cherished dreams including owning a house.

The scheme enables customers to avail personal and car loan up to 120 months (10 years) and home loan up to 300 months (25 years). What's interesting about the scheme is that there is a grace period for the first 3 months of the loan tenor and zero payment for the first 3 months. This scheme will allow customers to pay comfortably (90 days no interest payment, 90 days no instalment payment and 90 days no insurance payment). Targeted at retail and salary transfer customers, the objective is to provide convenient and hassle-free service to customers seeking a loan for varied purposes.

Commenting on the scheme, Muneer Al Balushi - AGM- Head of Retail Distribution, Ahli Bank said, "Ahli Bank always looks at providing new schemes and product offerings to its customers. 'Comfort Loan' is yet another scheme, which is in sync with our retail customers' lifestyle and provides them with added value. The scheme is aimed at getting closer to our customers and aligned with their day to day financial needs