Offering the lowest interest rate across the nation starting from 3.75% per annum, you can finance a new or pre-owned car today.
With Ramadan on the horizon, you can now rev your engines rather than budgets thanks to the bank’s new attractive car loan package. Offering the most competitive and affordable prices on some of the most desirable cars, the package – the first of its kind for the bank – features the best interest rates in the market, starting from 3.75% per annum for two years.
In another first, financing is available for up to 10 years, for both new and pre-owned cars. OAB has also secured special agreements with car dealerships in the Sultanate for discounted rates on their best-selling cars, with a simple, transparent and easy-to-understand process; follow our social media pages for more information.
| Employer Group |
Salary Transfer to OAB |
Interest Rate Applied Based on Loan Tenure |
|
|
12-24 months |
25-36 months |
37+ months |
| G, S, A and B |
Yes |
3.75% |
4.00% |
4.25% |
| C |
Yes |
4.00% |
4.25% |
4.50% |
| Pensioners |
Yes |
4.00% |
4.25% |
4.50% |
In addition, you can enjoy the following exciting benefits:
- Finance up to 10 years (highest in the market)
- Possibility to finance preowned and new cars
- 3 months waiver for the first 3 months.
- Credit Card fees waived for the first year for new customers
- You can also keep cool with the summer months approaching by availing a 65% discount on window tinting and 35% off other services from Car Lab.
It’s a quick and hassle-free process. Visit your nearest OAB branch today to apply.
Stop dreaming. Start Driving.
This offer is valid until 31 May 2023.
