Realise your dreams

Everyone has a dream –a wonderful wedding, an exotic holiday, plans for higher education… No matter what your dreams are, with Sohar International’s Personal Finance Solutions you can realize them with absolute ease and peace of mind.

Customized to meet your financial needs, facilities are available for personal finance solutions for all Omani residents and nationals receiving regular income through employment or business, as well as for non-resident Omani nationals working or engaged in businesses abroad.

6%

Interest rate

10 years

Maximum tenor

OMR 500

Minimum salary

Unique features and benefits

Lower monthly installments

Longer repayment tenures

Flexible repayment plans

Higher loan amounts based on income

Loan top-up facility to meet additional financial requirements

Life Insurance cover at affordable premium rates

Option to start the repayment after 2 months

No medical test required for loan exposure up to OMR 100,000

Documents required for a personal loan

Omani customers - National ID card, passport for ladies

Expatriates - Resident card and passport + copy with valid visa

Salary certificate from employer if employed

Letter of liability from current bank - if applicable

Salary statement for the last three / six months stamped by the current bank depending on the type of employer

Completed Loan Application Form

Expect more

With Sohar International’s Personal Finance Solutions, you also have the option of transferring your existing loan amounts with other banks to Sohar International in order to utilize on our longer repayment tenures. Moreover, our comprehensive Life Insurance cover ensures that your family is protected from the repayment liability in case of any unfortunate event during the loan tenure.

The promotion is applicable for Omani customers (only new customers) with minimum salary of OMR 500.

Maximum Tenor of Loan will be 10 years ( Excluding permissible two EID waivers per year).

Debt Service Limits would be as per CBO guidelines (50% for customers without Housing Loan & 60% for customers having Housing Loan).

Applicable for salary customers employed in Sohar International’s approved list of companies.

Premature closure of loan accounts would be as per CBO guidelines.

Our tariffs