Bank Sohar SAOG Personal Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||Not mentioned|
|Length of Loan||Not mentioned|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||Not mentioned|
|Main Features||Loan top-up facility to meet additional financial requirements; Life Insurance cover at affordable premium rates; Simplified documentation and speedy processing|
The banking landscape of Oman is dominated by a few solid giants. One such bank is Bank Sohar in Muscat. It is the largest bank by market capitalization and it has an asset base of over $ 3.5 billion.
Bank Sohar is a one-stop shop for all your banking needs. It has a mixed clientele that encompasses both the retail and corporate segments. The bank has a fine taste for excellence in everything and that is why it is on the frontline in adopting and implementing modern information and banking technologies and innovations.
Besides, it has a strong presence in the corporate financing sector because this is a driving force in the sultanate’s economic development.
There are a few ancient cities in the Middle East that have survived the test of time and change to remain relevant in this modern age. One such city is Muscat, which acts as Oman’s capital and principal commercial center. With a soaring population of over 1.2 million, Muscat is on a slow path of renaissance that is raising it to new levels of commercial relevance in the Arab world and the larger Middle East region.
At the moment, there is an economic boom and an upward trend of modernization cutting across all industries, including its core porting and oil industries.
Personal dreams and financial goals are relevant pillars of human development. With our personal loans, Bank Sohar offers you a helping hand to enable you realize them, the easier way.
Exclusive features and benefits:
- Lower monthly installments;
- Top-up facilities available;
- Higher loan amounts to suite your income levels;
- Repay the loan flexibly;
- Life insurance covers at friendly rates designed to suite your pocket;
- Possibility of loan-buy outs;
- Longer repayment periods; and
- Your family is protected from any repayment liability in the event that you encounter any misfortune. This is made possible through a life insurance cover.