Bank Sohar SAOG Credit Card - Classic
|Minimum Salary needed||OMR200/-|
|Maximum amount available||Maximum limit 2 salaries or up to OMR1000/ - whichever is lower|
|Length of Loan||Life Time|
|Profit Rate||Introductory rate for the first 12 months of membership, followed by 18% p.a. from month 13 onwards|
|Upfront Fees ( if any )||No|
|Eligibility||Salaried customers (salary assignment): Minimum 3 months in current employment or confirmed job. Employment may be in Government, quasi government or in approved list of companies of the bank; Collateral customer (cards against blocked funds) Deposits required 120% of credit limit requested; Minimum 18 years of age and maximum 60 years for men and 55 yrs for female customers|
|Main Features||Travel Insurance; Credit Shield; Purchase Protection; Zero Lost card liability; Available to the customer Free-for-Life. No membership charges need to be paid throughout the life cycle of the card|
Oman’s banking skyline is controlled by a small number of solid banks. One of them is Bank Sohar Muscat. Boasting of a massive market capitalization and a solid asset base of more than $ 3.5 billion, Bank Sohar is the largest bank in Oman.
Bank Sohar is also a versatile shop customized to suite and meet your various financial needs. It has a mixed customer base that entails both the retail and corporate clients. Additionally, the bank has flair of excellence in all its endeavors and that is the reason it is leading the quest in the adoption and implementation of modern information technology and innovation.
The Middle East has very few ancient cities that have been able to endure the crucial test of time and technological transformations to retain their significance in this present age. Muscat is such one city. It serves as Oman’s capital city and principal trade center.
With a cosmopolitan population of 1.2 million inhabitants, Muscat is on a steady path of renaissance that is steadily propelling it to new heights of commercial relevance in the larger Arab world and the Middle East region as well.
At present, there is an economic blossoming and an auspicious trend of modernization that is incorporating core industries in the city such as porting and petroleum.
Credit Card - Classic
This is a classic solution designed with your convenience in mind. You are at liberty to enjoy world-class and VIP prestige and privileges anywhere in the world, and anytime.
Salient features and benefits are as follows:
- A minimum salary requirement of OMR 200;
- It is available to the holder free for life. This means that you need not to pay membership charges throughout the entire life cycle of the card; and
- The card comes with the one of the most comprehensive insurance cover that includes: travel insurance; credit shield; purchase protection; zero liability for the card due to loss or theft.