MUSCAT, 31 October 2019
Bank Muscat, the flagship financial services provider in the Sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in banking convenience, has launched an attractive Sayyarati vehicle finance offer to celebrate the Sultanate’s National Day.
The latest Sayyarati auto finance offer comes with a low interest rate of 4.9%, the fastest turnaround time for loan processing and absolutely no need for post-dated cheques. The feature-rich Sayyarati auto finance can be obtained within the shortest possible time with the package including options for a loan tenure up to 8 years, lowest monthly payment option, with the lowest monthly payments in the market.
The Sayyarati campaign comes at a time when a large number of young Omanis are entering the job market and seeking finance for a number of requirements, including vehicles. The completely hassle-free Sayyarati finance can be obtained from all Bank Muscat branches across Oman and also through Sayyarti centers and Direct Sales agents. Loans up to RO 60,000 will be offered for buying new and second-hand vehicles. Customers looking for an auto loan are also invited to take advantage of the fast loan-processing procedure for Sayyarti auto loans. Loans will be disbursed within 24 hours subject to applicants meeting the concerned requirements.
Abdullah Tamman Al Mashani, DGM - Institutional Sales & Products Development, said: “Sayyarati is the preferred vehicle finance for both citizens and expatriates in Oman. The National Day offer at a special rate of 4.9% makes it quicker, easier and more affordable to own one’s dream vehicle. Through this novel financing option to purchase the best vehicles possible in the market, Bank Muscat reiterates its commitment to road safety, at the same time contributing to its customers’ happiness and security too.”
Sayyarati auto finance significantly enhances the value proposition offered to customers across all dealers and brands, including motor insurance at low premium through Bank Muscat’s bancassurance channel. One of the highlights of the Sayyarati auto loan offer is that post-dated cheques are not required and the payment will be automatically debited from the customer’s account on a monthly basis. Customers can visit any Bank Muscat branches/ Sayyarati centers or contact the Direct Sales agents to avail the special Sayyarati finance offer.