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Bank Muscat Sayyarati Ramadhan campaign gains momentum

MUSCAT, 6 July 2014 - A feature-packed automobile finance campaign launched by Bank Muscat coinciding with the Ramadhan auto sale season has evoked strong response. The main features of Sayyarati auto finance include low monthly payment option, low interest rates, financing up to 8 years for new vehicles, on-the-spot approvals and with one of the lowest monthly payments in the market.

Customers are also not required to furnish post-dated cheques, making Sayyarati the easy, convenient and completely hassle-free way to own a new car. Notably, Sayyarati finance can be obtained from any of the 137 Bank Muscat branches spread across Oman.

Sayyarati is the preferred auto finance facility in Oman, unique in all aspects with unparalleled benefits. The 2014 Ramadhan offer features various benefits such as attractive interest rates starting from only 3.5% (on the reducing balance) and a facility to pay only interest during the first 3 months instead of full installments, thus making it easier and more affordable to own one's dream vehicle without undue financial pressure. In addition, there are a host of extra value added benefits available exclusively during the Ramadhan campaign.

Year on year, Sayyarati evokes strong response, significantly enhancing the value proposition offered to customers. Customers also have the option to avail motor insurance at a low premium through the bancassurance channel of Bank Muscat. Post-dated cheques are not required and installments are automatically debited from customer account on a monthly basis. Customers can visit any auto dealership or Bank Muscat branches to avail Sayyarati auto loan offered to both nationals and expatriates.

Oman is home to the world's best known auto brands. Bank Muscat attaches great importance to offering innovative products and services and Sayyarati is tailored with this objective to benefit customers.

Sayyarati remains committed to helping people to own their dream vehicles. By encouraging people to buy top quality vehicles, Bank Muscat reiterates its commitment to road safety, thereby spreading safety and happiness in Oman.