Current account

Banking made convenient and easy with bank muscat current account offering a range of unique services

Features:

Cheque book facility
Cash advance & balance inquiry facility at all Oman Switch & Visa Electron ATMs across the globe.
Online & mobile banking facilities from anywhere, anytime.
Convenient shopping at all Visa Electron merchants worldwide using international debit card, linked to the current account.
Payment of utility bills through various electronic channels.
Overdraft facility to meet unforeseen business needs.

Eligibility:

All Omanis and expatriates whose salaries are assigned to bank muscat can open a current account.

FAQs:

What is the minimum deposit amount to open a new account?

200 Rial Omani

Do I get any interest on my current account?

No.

Are there any service charges applicable for current accounts?

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

Can I get an ATM card on my current account?

Yes.

How can I pay my utility bills from my Current Account?

Application form

Visit your nearest branch or call 2479 5555 for further details.

Al Mazyona savings account

Earn bank muscat’s gratitude for your trust and loyalty with al mazyona savings account, which has equated savings with rewards

Features:

Rewarding trust and loyalty with more prizes and more winners.
Guaranteed winners from every region.
Festive celebrations enhanced.
Salary transfer prizes.
Winning chances multiplied.

Eligibility:

All individual non-interest bearing savings accounts are automatically included in all the Al Mazyona savings scheme prize draws, provided they meet the minimum balance conditions.

FAQs:

What is the minimum balance required to participate in any of the al mazyona savings scheme prize draws?

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

What is the 2020 scheme for al mazyona prizes?

Click here for Al Mazyona 2020 scheme.

How can I increase my chances of winning?

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

Can winners opt to forfeit the prize money?

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.

What are the types of savings account?

Customers can choose non interest- bearing savings account and be eligible to participate in Al Mazyona prize draw scheme. or they can avail interest bearing savings account however, they will not be eligible to participate in Al Mazyona draws.

Apply online now Terms & conditions Al Mazyona winners Al Mazyona scheme details

Visit your nearest branch or call 2479 5555 for further details.

Salary account

Add perks to your salary and earn instant value addition, the bank muscat way, by simply transferring your monthly salary

Features:

Free sms alerts when salary is credited to the account.
Free international debit card.
Online & mobile banking facilities from anywhere, anytime.
Payment of utility bills through various electronic channels.
Free account statement by mail.
Wide range of remittance options.
Chance to win RO 500 every month for one year through al mazyona salary transfer draw.

Eligibility:

Salary account is open to all Omanis and expatriates employed whose salaries are assign to bank muscat.

FAQs:

What documents do i need to submit for salary account if i already have a loan with another bank?

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

How can i participate in the al mazyouna draws scheme?

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

How can i pay my utility bills from my current account?

Visit your nearest branch or call 2479 5555 for further details.

Zeinah account

First of its kind ladies account that is designed for your everyday needs and services that you deserve.

Features:

Personalized Zeinah debit card.
Easy and secure online shopping.
Participate in Al Mazyona scheme draws.
Special monthly Zeinah draw.
Unique Omani women’s day draw.
Online & mobile banking facilities from anywhere, anytime.
Payment of utility bills through various electronic channels.

Eligibility:

All Omani and resident women above 18 years are eligible for Zeinah account.
Salary is not a criteria to open Zeinah account.

FAQs:

What are the discounts and offers that are available for Zeinah customers?

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

Application form

Visit your nearest branch or call 2479 5555 for further details.

Shababi youth accounts

Providing a gateway for Oman's youth to learn early on how to spend, save and manage their mone.

Features:

Online & mobile banking facilities from anywhere, anytime.
Payment of utility bills through various electronic channels.
Convenient banking experience with contactless wristband.
Discounts and offers on selected merchants, click here for more details.
Shababi exclusive competitions through bank muscat accounts in social media.
Participating in shababi monthly draw and al mazyona draws scheme.
No minimum balance fee.

Eligibility:

All unemployed youth between the age of 18 and 23 years old.
Available for both Omanis and expatriates residence.

FAQs:

How can I use my shababi card?

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

What is a contactless wristband ?

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

What is the minimum balance required to enter shababi monthly draw?

10 Rial Omani

Can I apply for a credit card or loans when having a shababi card?

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.

What will happen to my shababi account after the age of 23 ?

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

Will I still be able to avail the offers provided by my shababi account after the age of 23 ?

No, after the age of 23 years old you are no longer eligible for shababi offers

Application form

Visit your nearest branch or call 2479 5555 for further details.

Al Mazyona children’s account

Aal Mazyona children’s account is designed to foster saving habits among children with incentives of cash prizes and an assurance of financially secure future.

Features:

Save and win exclusive monthly draws.
Special birthday draw.
Uninterrupted schooling till 18 years of age.
Easy cash deposit facility.
No minimum balance fee.

Eligibility:

All children below 12 years of age are eligible for al mazyona children’s account.

Minimum fee 50 OMR to be eligible for free insurance coverage.

FAQs:

What are the documents needed to open al mazyona children’s account?

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).

What is the minimum balance to be maintained in al mazyona children’s account?

Minimum balance 50 OMR

What monthly draw is the account holder eligible for?

Children account with a minimum balance of OMR 50 will be eligible to win a monthly prize draw of OMR 100. in addition, every month the bank rewards 10 lucky al mazyona children account holders whose birthday falls in that month with OMR 100.

What is the assistance given under the bank’s uninterrupted schooling facility?

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.

Application Form Activity Book

Visit your nearest branch or call 2479 5555 for further details.

Themaar saving plan

Got a lot of plans but wondering how to make them a reality? bank muscat themaar savings plan lets you make it all happen

Features:

Systematic savings that lets you achieve your goals
Freedom to choose a monthly amount based on your need
Guaranteed returns on deposit
Protection of your deposits
Free life insurance coverage, maximum up to RO 50,000. download Provisional Certificate and Life Insurance document.
Additional saving amount at plan creation
Plan duration can be from 1 year to 10 years
Minimum amount RO 25 and maximum amount RO 1,000

Eligibility:

Anyone within the age of 18 years to 60 years is eligible to apply for the plan.

FAQs:

What is bank muscat theemar savings plan?

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.

How is the monthly deposit date fixed?

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

Can the monthly deposit amount and date be changed?

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.

What is the option if I want to increase the monthly deposit amount?

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.

What happens if I miss any monthly deposit during the term?

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

What happens if I want to prematurely exit from the savings plan?

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.

What will be my interest rate?

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.

Themaar calculator Application form Terms & conditions

Visit your nearest branch or call 2479 5555 for further details.

Fixed deposits

Eearn attractive interest and enjoy financial independence with bank muscat’s fixed deposits

Features:

Attractive and competitive interest rate
Available in OMR and all major currencies - USD, Euro, GBP, and AED
Fixed deposit can be opened with a minimum amount of RO 1,000 for a period ranging from 1 month to 6 years
Auto-renewal option upon maturity of the fixed deposit at the time of opening
Interest can be paid on monthly, quarterly, semi-annually or annually
Possibility of withdrawal of the deposit at any time
Convenient transfer of funds from savings or current account through branches or digital channels
Option of cash payment or cheque to open a fixed deposit at the branches

Eligibility:

A fixed deposit can be opened either in the name of individuals or in the name of an organization / ministry / company (irrespective of the size)

FAQs:

How much money do I need to deposit to open a new fixed deposit?

A minimum amount of OMR 1000.

What is the interest on fixed deposits?

Periods	OMR	USD	GBR	EUR	AED
1 Month	0.75%	0.25%	0.00%	-0.25%	0.00%
2 Months	1.00%	0.25%	0.00%	-0.25%	0.05%
3 Months	1.25%	0.25%	0.00%	-0.25%	0.10%
6 Months	1.50%	0.75%	0.00%	-0.25%	0.25%
9 Months	2.00%	0.75%	0.25%	-0.25%	0.75%
12 Months	3.00%	1.00%	0.25%	-0.25%	1.00%
18 Months	3.00%	1.00%
2 Years	3.25%	1.25%
3 Years	3.50%	1.50%
4 Years	3.75%	1.50%
5 Years	3.75%	1.50%
6 Years	3.75%	1.50%

Can I break my Fixed Deposits before the maturity date?

Yes, you can. However, you will be charged a pre-payment charge of 1% of the fixed deposit amount.

How do I renew my fixed deposit?

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

Application form Fixed deposit calculator

Visit your nearest branch or call 2479 5555 for further details.

Current ac​count

Features:

Eligibility:

FAQs:

What is the minimum deposit amount to open a new account?

Do I get any interest on my current account?

Are there any service charges applicable for current accounts?

Can I get an ATM card on my current account?

How can I pay my utility bills from my Current Account?

Al Mazyona savings account

Features:

Eligibility:

FAQs:

What is the minimum balance required to participate in any of the al mazyona savings scheme prize draws?

What is the 2020 scheme for al mazyona prizes?

How can I increase my chances of winning?

Can winners opt to forfeit the prize money?

What are the types of savings account?

Salary account

Features:

Eligibility:

FAQs:

What documents do i need to submit for salary account if i already have a loan with another bank?

How can i participate in the al mazyouna draws scheme?

How can i pay my utility bills from my current account?

Zeinah account

Features:

Eligibility:

FAQs:

What are the discounts and offers that are available for Zeinah customers?

Shababi youth accounts

Features:

Eligibility:

FAQs:

How can I use my shababi card?

What is a contactless wristband ?

What is the minimum balance required to enter shababi monthly draw?

Can I apply for a credit card or loans when having a shababi card?

What will happen to my shababi account after the age of 23 ?

Will I still be able to avail the offers provided by my shababi account after the age of 23 ?

Al Mazyona children’s account

Features:​

Eligibility:

FAQs:

What are the documents needed to open al mazyona children’s account?

What is the minimum balance to be maintained in al mazyona children’s account?

What monthly draw is the account holder eligible for?

What is the assistance given under the bank’s uninterrupted schooling facility?

Themaar saving plan

Features:

Eligibility:

FAQs:

What is bank muscat theemar savings plan?

How is the monthly deposit date fixed?

Can the monthly deposit amount and date be changed?

What is the option if I want to increase the monthly deposit amount?

What happens if I miss any monthly deposit during the term?

What happens if I want to prematurely exit from the savings plan?

What will be my interest rate?

Fixed deposits

Features:

Eligibility:

FAQs:

How much money do I need to deposit to open a new fixed deposit?

What is the interest on fixed deposits?

Can I break my Fixed Deposits before the maturity date?

How do I renew my fixed deposit?

Current account

Features: