Oman’s Bank Muscat offers special interest rates to first-time borrowers

Oman’s Bank Muscat offers special interest rates to first-time borrowers

Muscat - In line with its customer-centric vision of offering the best services and facilities to benefit its customers, Bank Muscat, the leading financial services provider in the Sultanate, has announced the availability of financing options with special reduced rates for first-time borrowers.

The special rates are meant for customers with salaries OMR1,000 and over who have either recently opened an account with Bank Muscat or those Bank Muscat customers who have accounts but have not availed of any loan facilities before. Customers should be employed in government, quasi-government or approved private sector (Tier 1) organisations to be eligible.

Bank Muscat launched the special offer after extensively analysing customer feedback and loan booking data, which is once again a demonstration of its commitment to customer-centricity. Available to employees of government and quasi-government institutions as well as select private-sector (Tier 1) companies, the special offer includes highly-competitive interest rates of 4.25 per cent for Baituna Home Loans and 4.5 per cent for Personal Finance for loan tenors over 48 months.

The bank added that customers can visit its Baituna sales centres in Qurm, Mabelah, Barka, Sohar, Saham, Sur, Ibra, Nizwa, Ibri, Buraimi and Salalah or any Bank Muscat branch across Oman for more information