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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Bank Muscat invites first time borrowers to take advantage of special offers

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MUSCAT: In response to the positive feedback from customers, Bank Muscat, the leading financial services provider in the Sultanate, has invited all customers to take advantage of the extension on discounted offers on Baituna and Personal Finance for first time borrowers till March 31, 2023. The bank’s special offer featuring highly-competitive interest rates starting at just 4.25 per cent for Baituna home loans and 4.5 per cent on personal loans is available to Omani employees of government and quasi-government institutions as well as Tier 1 companies with salaries of RO 500 or more. Also, the bank offers reduced interest rates on short term personal loans starting at just 4 per cent for 12 months.


Bank Muscat is keen to follow up on the latest developments in the sector to meet the needs of customers and address feedback on the bank’s various services. Customers who wish to benefit from the current offer on Baituna home financing can easily apply for home finance by visiting any of the Bank’s Baituna Sales Centres in Qurm, Maabelah, Barka, Sohar, Saham, Sur, Ibra, Nizwa, Ibri, Buraimi and Salalah or any Bank Muscat branch in Oman. Financing up to RO 500,000 and for a period up to 25 years is available to customers to construct or purchase new homes as well as to buy land for residential construction. Baituna is one of the best home finance options in Oman thanks to its fast processing, documentation and prompt disbursal of financing.


Similarly, those would like to apply for personal loans can visit their nearest Bank Muscat branch with the required documents including a salary transfer letter from their employer and their ID cards. Financing up to RO 200,000 is available to customers based on fulfilment of the eligibility criteria and the bank is well known for its speedy processing of applications and loan disbursals.


Bank Muscat offers a wide choice of financing products, considering the different needs of customers and as part of its aim to enhance financial inclusion.


As the leading financial services provider in the Sultanate for the last four decades, Bank Muscat has the largest banking network in Oman with 146 retail banking branches. With over 800 ATMs, CDMs and FFMs and state-of-the-art Internet and Mobile Banking, customers can meet the vast majority of their financial needs 24/7 from the ease of their homes or offices. For more details about the loan options available to customers, please go to https://www.bankmuscat.com/en/Pages/Loan-Calculator.aspx or call 24795555.


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