Consumer Loans

Quick, Convenient,
Affordable

Al Dar Housing Loan

Al Dar Housing Loan provides flexible solutions for multi-purpose financing needs.

  • Financing available for purchase of ready and under construction properties, land, renovation and self-construction
  • Loan tenure of up to 25 years
  • Down payment as low as 20%
  • Market beating interest rates
  • Special rate for government and semi-government employees
  • Clubbing of income allowed
  • Special Buyout offer for housing loans from other banks
  • Repayment holiday up to 18 months for the duration of the construction period
  • Financing available for iTC projects for expatriates.

Markabati Auto Loan

With OAB Markabati buying the car of your dreams could not be easier and more convenient! With Oman Arab Bank’s Markabati Auto Loan you will be in the driver’s seat faster than you can imagine.

  • Financing available for new and used pre-owned vehicles
  • Loan tenure up to 10 years
  • Down payment as low as 20%
  • Market beating interest rate.
  • Quick and hassle free loan processing
  • Tie ups with all leading auto mobile dealers to ensure best offers

Personal Loan

With OAB Personal loan you will never be short of cash. Whether you are planning a luxurious wedding or a dream destination holiday, OAB personal loan will make it happen.

  • Financing available for personal consumption and loan buyout
  • Loan tenure up to 10 years
  • Market beating interest rate
  • Special rates for government and semi-government employees
  • Quick and hassle free loan processing.

Installment payment holidays on special occasions *

*Instalment waiver will impact the loan tenor and will increase the interest amount.

Example: A loan with a 120 months tenor and yearly two instalment waivers will be extended to 153 months approximately.

Limited-Time Loan Offers

Oman Arab bank enables you to apply for various loans (short-term and long-term) to help you fulfil your financial needs starting from 3.75 % per annum*

  Salary (OMR) Rates per annum

 

Loan Type Loan Tenure

(months)

Company / Sector Nationality
1 Starting from OMR 400 3.75% Short-term Personal Loan 12 months Government entities, Semi-Government, and  companies registered with Oman Arab Bank Omani and Expat
2 Starting from OMR 400 3.99% Short-term Personal Loan 24 months Government entities, Semi-Government, and  companies registered with Oman Arab Bank Omani and Expat
3 Starting from OMR 400 4.25% Short-term Personal Loan 36 months Government entities, Semi-Government, and  companies registered with Oman Arab Bank Omani and Expat
4 Starting from OMR 1,000 4.5% Personal and Housing Loan Buyout +

Credit Card joining and annual fees waived for 2 years

Up to 120 months Government, Semi-Government and Grade A (including new hires) Omani and Expat
5 Starting from OMR 1,000 4.7% New Personal Loan Up to 120 months Government entities, Semi-Government, and  companies registered with Oman Arab Bank Omani and Expat
6 Starting from OMR 1,000 4.7% New Housing Loan Up to 300 months Government entities, Semi-Government, and  companies registered with Oman Arab Bank Omani and Expat

Apply now to enjoy this limited-time offer

*Terms and conditions

  • All other Terms and Conditions will be applicable as per the bank’s policies
  • The short-term personal loan and personal loan buyout offers are valid until the 30 of April, 2022.
  • The Bank reserves the right to close/amend the terms of this campaign at its own discretion