Tuesday, 02 January 2024 12:17 GMT

Oman- Ahlibank launches loan interest rate of 4.5 per cent


(MENAFN- Muscat Daily) Muscat- Ahlibank, one of the growing banks in the nation, recently launched a limited-time special promotional interest rate of 4.5 per cent on certain types of loans for the first 12 months. The offer is valid till July 31; all customers applying for a personal or mortgage loan during this period will receive the special interest rates for the first 12 months of the duration of the loan tenor.

The special promotion offers preferential interest rates on any new loan, top-up loan or takeover loans.

It provides an excellent opportunity for both new customers applying for loans and existing customers applying for a minimum additional amount of RO1,000 to save on the interest. To be qualified for the offer, you have to put your application in or before July.

The interest rate will be starting from 4.5 per cent p a and will remain the same for 12 months. It will go up to 5.99 per cent p a from the 13th month. However, the customer's EMI remains fixed throughout the tenor.

'We are dedicated to providing the best rates to our consumers. Through such offers, we hope to make a positive impact by facilitating our clients to meet their financial obligations. I would like to encourage all customers to contact and visit us to get more details,' said Hana al Hinai, DGM Retail Product Development & Private Banking Ahlibank.

Ahlibank's Personal Loan facility, branded as MyLoan‚ offers ready cash with high loan amounts, easy and suitable repayment options, along with competitive interest rates.

With minimal documentation requirements and a hassle-free experience, MyLoan fulfills all dreams in one go - cash for expanding a business, giving children the best education, taking dream vacations with loved ones and much more.

Ahlibank also offers home financing under the brand of MyHome, offering convenient plans to suit everyone's needs.

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Muscat Daily

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