Oman’s Bank Muscat Offers New Auto Loan

Bank Muscat has launched an attractive Sayyarati auto loan campaign offering a host of features, including lower interest rates and financing up to 8 years for new as well as used vehicles.

Sayyarati auto loans can be processed through simple documentation and fast processing. No post-dated cheques are required and there are no hidden charges as well. The bank also facilitates motor insurance funding.

The feature-packed Sayyarati finance from Bank Muscat complements attractive offers by leading car dealers. Sayyarati auto loan guarantees the easy, convenient and completely hassle-free way to own a new car and can be obtained from any of the 131 Bank Muscat branches spread across Oman.

The documentation of Sayyarati auto loan is simple, requiring only few signatures and personal details. Customers have the option to avail motor insurance through the Bancassurance channel of Bank Muscat at low premiums. By availing this facility, customers can add the insurance premium amount to the loan amount and pay in installments. Post-dated cheques are also not required and installments are automatically debited from customer’s account on a monthly basis. Customers can visit any auto dealership or Bank Muscat branches to avail this facility offered to nationals and expatriates, Oman Observer reported.