200 Rial Omani

No.

A service charge of 500Bzs will be levied if the balance falls below 200 rial omani anytime during the month.

Yes.

Register for the free service through the ATM, CDM, Online banking or mobile banking.

Each prize has a specific eligibility criterion. to know more about each prize, kindly refer to the al mazyona scheme below.

Click here for Al Mazyona 2021 scheme.

The higher your deposit in your account the higher your chances of winning, every 100 rial Omani gives you one chance to win.

Yes, provided they submit a written declaration, as per the bank’s prescribed format, that they are voluntarily forfeiting the prize amount and have no objection to have the same transferred to Oman charitable organization as per central bank of Oman directions.

• Interest-bearing accounts: are accumulating interest on monthly basis and the interest is credited to the account on semi-annual basis at 0.5% per annum.
• Non-interest-bearing account: are not entitled for interest, but eligible to participate in al mazyona prize draw scheme.
• No interest no Prize account: are not entitled for interest nor al mazyona prize draw scheme.

• Salary transfer letter.
• Customer liability certificate.
• Statement of last 6 months.
• ID card for Omani's /passport and resident card for expatriates.

• Maintain a minimum balance of 100 rial Omani in your salary account.
• Increase the balance to increase your chances of winning.

Register for the free service through the atm, cdm, online banking or mobile banking.

Special offers catering ladies need in term of health, entertainment and lifestyle.

Shababi debit card can be used for online shopping, PoS transactions, ATM’s and CDM’s.

Contactless wristband* is a wearable device that is worn on the body such as and not limited to a wristband, ring, bracelet or a smartwatch that contains a near-field communication (NFC) chip. Wearables can be used to make contactless payments, much like a debit card. click here for application. For more details click here. *limited stock

10 Rial Omani

No, shababi account is designed to encourage youth to save and manage their money, shababi customers are not eligible to take any loans, cheques and credit cards.

You will receive an SMS to visit the nearest branch and deactivate your shababi account to open a normal saving account.

No, after the age of 22 years old you are no longer eligible for shababi offers

• Passport copy of the child (with visa page if not Omani).
• Customer Resident ID and a copy of the passport visa page if not Omani.
• Birth certificate (if customer is the child’s mother).

Minimum balance 50 OMR

Children account with a minimum balance of OMR 50 will be eligible to win a monthly prize draw of OMR 100.

The bank will contribute 100 rial omani per month towards the child’s schooling expenses until the child turns 18 years of age, should anything unfortunate occur to the parent/customer operating the account during that period.

Theemar savings plan ia a term savings plan that lets you put aside a little amount every month for a period of time. the amount and period of time you want to save is entirely up to you and your needs. on maturity you will receive the amount in full.

The customer can select the deposit date as per his/her convenience. note; the monthly deposit date should match the maturity date.

No, the monthly deposit amount and date are fixed throughout the term and cannot be changed, customer has only two options for changes/amendments the funding account/the beneficiary account.

At the time of opening the plan you can contribute an additional amount other than your monthly saving amount otherwise, you can open an additional themaar savings plan. click here to download the document.

you can still retain the savings plan, but the maturity amount will reduce at the end of the term.

In case the customer wishes to prematurely exit from the savings plan, he can do so by filling the cancellation form at the branch and the bank will refund back all the monthly deposits made by the customer.
a. customers who wish to prematurely exit from themaar savings plan before completing one year of depositing shall pay a charge of 5 OMR and shall not receive any interest.
b. customers who wish to prematurely exit from the savings plan after the completion of one year of depositing shall pay a charge of 3 OMR and interest cost will be revised based on actual tenor less 1% penal interest.

click here to download the document.

The interest rate is for different terms/tenures and is subject to revisions. Once a themaar savings plan is opened with a certain rate, it is guaranteed for the entire duration of the paying term unless customer has prematurely closed the saving plan.

A minimum amount of OMR 1000.

Repayment of Fixed Deposit Account are permissible only on the date of maturity. Any withdrawal before the date of maturity will be subject to a penalty and /or any charges as the bank may deem appropriate.

• If the customer withdraws the Fixed Deposit at any time before the expiry of the agreed tenure, the customer will only earn intrest for the tenure for which the Fixed Deposit was actually maintained at the normal current market rate.
• 1% from the accured intrest amount will be deducted.

• Instruct the bank to renew your fixed deposit upon maturity.
• Alternately, provide an auto-renewal instruction at the time of opening a fixed deposit.

• Daily/Transaction Limit: RO 50
• Monthly Limit: RO 200
• Transactions limits are inclusive of POS, E-commerce and ATM withdrawals combined

• Your ID card and your guardian's ID card are required to open a Floosi account
• Your Resident ID and a copy of the passport visa page if you’re an expatriate
• Your guardian’s signature

• Maintain a minimum balance of OMR 50 and you will then be eligible to enter the draw to win a monthly prize of OMR 100.

• Only one mobile number that is registered with bank Muscat can receive SMS notifications. You will therefore need to determine when you are applying for the account if the registered number will be your number or the number of your guardian.

• Legally, you are currently not eligible to take any loans, cheques or credit cards, however, this will be permitted once you turn 18.

You will receive an SMS to visit the nearest branch to upgrade your account to a Shababi Savings Account. Kindly note that at this time, account transactions shall be restricted until you and your guardian visit the branch with the required documentation to upgrade the account:
• A signed letter from your guardian releasing guardianship of the account
• Documentation that will be required to upgrade to a Shababi account

• Should the need arise for an alternative guardian of your account, your father has the ability to authorize an alternative person to be the guardian of your account.