Documents Requirements:
Civil ID.
Are you prepared for the day your income stops?
The BankDhofar Long Term Deposit Account for retirement is structured to help you build up a viable fund for your financial security after retirement.
Retirement Saving Plan
Don’t exchange work stress for financial stress
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Earn up to 5% interest on deposits. |
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Minimum monthly deposit amount starting from 10. |
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Plan duration can be from 1 year to 10 years. |
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Available In OMR Only. |
Apply for a Long Term Deposit Account – Retirement now
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Benefits & Features
Structured Long Term Saving
Save regularly overtime to build a retirement fund without relying on large one time deposits.
Encourages Financial Discipline
A fixed contribution plan helps you stay consistent and committed to your long term retirement goals.
Forward Planning with Confidence
Start early and save gradually, reducing future financial pressure and uncertainty.
Fits Into Your Monthly Budget
Designed to accommodate manageable contribution amounts that align with your income flow.
Convenient Account Management
Monitor and manage your savings through BankDhofar’s digital channels or with branch assistance.
Eligibility Criteria
Any Omani citizen or resident
How to Open an Account
Existing Customer
Open your Retirement Saving Plan in under a minute using the BankDhofar App.
Steps:
- Download the BankDhofar app.
- Complete the digital onboarding process.
- Upload/verify required documents.
- Your account is activated once verification is completed.
Or visit your nearest BankDhofar branch and our team will assist you through the application process. Find your nearest branch here.
New to Bankdhofar
Start Your Journey with Al Heson Saving Account.
Open Al Heson Saving Account to begin with Retirement Saving Plan. This is your first step before applying Retirement Saving Plan.
Learn more about Al Heson Saving Account.
Request a Call Back
Ask a question or request a call-back. Our team is here to support you throughout your onboarding journey.
Click here.
Frequently Asked Questions
It is a structured savings account designed to help you prepare financially for retirement through regular contributions over time.
If you are an Omani national or an expatriate resident of the Sultanate above the age of 18 years, you can apply for a BankDhofar Retirement Saving Plan.
Yes, the minimum monthly deposit amount for a BankDhofar Retirement Saving Plan is 10.
Yes, if the deposit amount is withdrawn before the due date, a 1% penalty is calculated in addition customer will only earn interest for the tenure for which the deposit was actually maintained at the normal market rate. To a review of the interest rate based on the actual duration please click on the link.
You can apply on www.bankdhofar.com, or drop in at any BankDhofar branch. Find your nearest location click here.
If you have a query, call us anytime 24x7 on 24791111.
Absolutely. You select a fixed amount to save at the time of account opening, in line with the bank’s minimum requirements.
Contact us
Do you need further assistance or have questions about Long Term Deposit Accounts - Retirement?
We are here to help you. Do not hesitate to contact us.
