Standard Chartered Bank Personal Loan
|Minimum Salary needed||RO 400|
|Maximum amount available||RO 85,000 for Omani nationals and RO 40,000 for resident expatriates|
|Length of Loan||10 years|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||Not mentioned|
|Eligibility||All loans are granted to employees of Standard Chartered Bank's approved list of companies and at the sole discretion of Standard Chartered Bank, Oman; Salary transfer required|
|Main Features||No guarantor required; Fixed instalments for easy budgeting; Take-over (buyout) option allows you to transfer your loan from any other bank to us; Top-up option allows you to borrow an additional amount or re-borrow what you have repaid provided that your repayments have been regular; Instalment loans with quick approvals and attractive interest rates|
Standard Chartered Bank Muscat
The name Stan Chart is symbolic of and synonymous with exquisite and accomplished global banking, not just in Oman but also the world over. Stan Chart is a prestigious household and brand name in the banking world.
Having an established and accomplished heritage, Stan Chart Muscat is one of the indigenized global giants dotting Oman’s banking industry.
Its banking activities in Oman include the following areas:
- Personal banking;
- Priority banking;
- SME banking; and
- Corporate and Institutional banking.
All of the above segments are populated by innovative and customized products and services that are relevant to the entire bank’s clientele.
Anyone who takes a walk through the Middle East’s historical landscape will notice that it has a few ancient cities have been able to defy and outlive the waves of change and revolutions (particularly technological) and yet maintained their commercial relevance untouched in a dynamic world. Muscat, Oman’s capital city is one of them.
By last year, Muscat had a surging multi-national population exceeding 1.2 million. Starting from its recent past until now, the city has been riding a cloud of economic expansion and industrial modernization that is breeding radical transformations in all its key economic sectors and in particular trade, porting and petroleum.
At Stan Chart Muscat, we value and believe in your personal dreams and hence our personal loans are keys to help you open the doors of financial possibilities so that you can fulfill them.
Benefits and features:
- Installment loans with quick approvals and handsome interest rates;
- Top-up option allows you to borrow an additional amount or re-borrow what you have repaid provided that your repayments have been steady;
- Buy-out option allows you to transfer your loan from any other bank to us;
- Flexible repayment of up to 10 years for Omanis and 5 years for aliens;
- Fixed installments that don’t disrupt your budget;
- Salary transfer required; and
- No guarantor required.
Requirements and eligibility:
- All Omanis earning a minimum monthly salary of RO 400;
- A maximum of RO 85,000 for Omani citizens and RO 40,000 for aliens;