Flexi Deposit

Interest rate

Depending on the prevailing market conditions and is revised accordingly. Below are the interest rates effective from 25th October 2009.

Period Monthly Quarterly Half-Yearly Annually Maturity Rate
 1 year  2.05%  2.20%  2.50%  2.75%  2.75%
 2 years  2.55%  2.75%  2.85%  3.00%  3.25%
 3 years  2.85%  3.00%  3.25%  3.35%  3.50%
4 years  3.00%  3.25%  3.50%  3.75%  4.00%
5 years  3.25%  3.50%  3.75%  4.00%  4.25%

 Service charges & fee

A flat penalty of 1.5% on the interest amount is charged if the deposit is withdrawn before the maturity date.

Eligibility

  1. Minimum deposit of RO 20,000/-
  2. The Applicant should be 18 years & above

Documents required

Copy of valid I.D (Omani), copy of valid passport and resident card (Expatriates)

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