OAB_Muscat_Festival_Special_Loan_Offer

Oman Arab Bank participates in Muscat Festival with Special Offers on Loans & Cards

Muscat: February 2016: In celebration of the Muscat Festival, Oman Arab Bank, the Participating sponsor, is offering a special rate on all loans and Credit Cards for all customers visiting the OAB stall at the Al Amerat Park venue.

For customer convenience, the vibrant OAB stall is equipped with state of the art ATM & CDM and OAB representatives are servicing the customers every day from 5pm till 10pm.

Customers can avail a special interest rate reduction of 0.25% on all loans applied at the venue during Muscat Festival.

Moreover, customers get a Free OAB Credit Card for the first year with every loan application (subject to terms and conditions) and up to three free supplementary cards. Customers can earn reward points on retail spending. They can redeem the points and choose from over 900 airlines, 200,000 hotels and car rentals in over 150 countries across the globe. The Free Lifetime Internet Shopping Card with every credit card application is proving to be a major attraction with customers.

Speaking on the occasion Mr.Fahd Amjad GM-Retail Banking said,

“We are pleased to take part in the Muscat Festival this year and use the festive occasion to announce offers for our customers. The OAB promotion runs from 14th January to 13th February 2016, we invite all visitors to come to our stall and get familiar with the wide range of products OAB has to offer.”

The Bank offers personal finance facilities with attractive interest rates and flexible payment terms for our clients. Customers can avail it for several purposes.

Those looking to purchase a new or used vehicle can opt for an instant Markabati Auto Loan with competitive rate.

Customers can fulfill their dreams of constructing, purchasing or renovating their home with the OAB’s Al-Dar Housing Loan. OAB provides home finance for all types of completed or under construction real estate projects, in the form of long-term loans, covering up to 80% of the property value, with repayment period up to 25 years. The Bank also provides repayment holiday between 12-18 months for under-construction developments, during which period only the monthly interest on the loan principal shall be applicable.

Oman Arab Bank Credit Cards provide an array of benefits to customers including interest free payment period, flexible monthly minimum payment option, free travel Insurance & Purchase Protection, Zero Lost Card Liability and online shopping security via verified by Visa and more. The card is also equipped with an advanced chip feature to protect Card member’s confidential information. While travelling, OAB Credit Card holders can enjoy a relaxing lounge experience at over 500 international airports including Muscat and Salalah.

OAB is currently on a transformational mission to digitalize its services for clients in Oman. Oman Arab Bank is a leading bank in the Sultanate of Oman and it proudly operates in 65 branches and offices, more than 123 ATMs and deposit machines across the Sultanate. The bank offers a wide range of banking products and services to its valued customers through Retail, Corporate, and Investment Banking operations.