HSBC Bank Oman SAOG Personal Loan
|Minimum Salary needed||OMR 300 per month|
|Maximum amount available||OMR 80,000|
|Length of Loan||10 years|
|Profit Rate||Interest Rate of 5.99% p.a.|
|Upfront Fees ( if any )||Get up to 50% discount on your processing fee until 31 March 2015|
|Main Features||No insurance required; Eid Waiver Option - defer your monthly instalment up to two times a year during Eid; Minimum balance waiver - Get a HSBC Current Account with no minimum balance requirement; Loan Buy-Out Facility – we have an easy process that will help you transfer your existing loan with another bank to HSBC with an additional loan buy-put facility|
HSBC Bank Oman SAOG Muscat
HSBC Bank Oman Saog is one of the oldest banks in Oman, having been operational there since 1948. Moreover, it is also one of the most well represented banking institutions in the Middle East.
Its core products and services include Retail Banking & Wealth Management, Commercial Banking, and Global Banking & Markets. The Retail & Wealth Management division includes savings accounts, mortgages and personal loans.
The Commercial Banking on the other hand is focused on the provision of financing services, payments and cash management, international trade finance, treasury and capital markets, commercial cards, insurance, wealth management and investment banking services.
The Global Banking & Markets provides tailored financial solutions to government, corporate and institutional clients.
The Middle East is a region is endowed with a few ancient cities that have been able to weather through the change of times and technological advancements and still retain their economic significance in a dynamic world. Muscat is one such city and it is Oman’s capital city.
By April last year, Muscat had a rapid growing inter-ethnic population of 1.2 million inhabitants. As of today, the city is rides on a wave surge of economic advancement and an auspicious trend in industrial modernizing that is positively affecting each and every one of its economic back bone including commerce, harbor services and oil.
Our personal loan stands for your personal dreams being boosted with enough financial power so that they can become a reality. So whatever your dream is, you talk to us and we walk with you until it becomes a beautiful reality.
Beautiful features and benefits:
- Loan is disbursed before your first salary transfer;
- No insurance is needed;
- Higher loan amounts of up to OMR 80,000;
- Lower interest rates of 5.99 % p.a.;
- You have the opportunity to waiver your loan repayment twice per year during Eid;
- Flexible repayment periods of between 1-4 years; and
- Loan buy-out facility.