Eligibility

• Personal loan top-up can be allowed only after the customer has paid 24 installments or completed 2 years of loan repayment.
• Top-up of the loan depends on the total initial loan availed, the installments paid and the room available for further provision.

Example: If a customer is entitled for a loan of OMR 10,000.000 and has only availed a loan of OMR 2000.000 then a top-up for the balance can be availed

Documents Required 

1. Latest salary certificate
2. Copy of valid I.D (Omani), copy of valid passport and resident card (Expatriates)
3. A salary assignment letter from the employer addressed to the Bank.
4. A letter from the employer stating salary, pension or end of service benefits (expatriates) to be transferred to the Bank.
5. Insurance proposal and refund form
6. Bank statement for the last 3 months
7. If the applicant is banking with competitive Banks a NOC (no objection letter) must be presented.

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