Marking the Holy Month of Ramadan, the Nationwide Financial institution of Oman (NBO) not too long ago organised the Automotive Carnival Weekend, an occasion that served as a one-stop store for folks seeking to purchase a brand new or pre-owned automobile. Through the Automotive Carnival held at NBO’s head workplace, guests had been in a position to commerce of their automobile, buy a brand new automobile, discover the right automobile mortgage by way of NBO or Muzn, NBO’s Islamic Banking Window, and get full protection insurance coverage as properly.
Each NBO and non-NBO prospects can presently profit from decrease automobile mortgage charges ranging from 3.49% every year. They’ll additionally benefit from a ten% lowered fee on automobile insurance coverage when making use of for a automobile mortgage at NBO. In the meantime, Muzn, NBO’s Islamic Banking Window, additionally affords higher worth to its prospects by way of automobile loans at decrease revenue charges ranging from 4.45% and a two-month installment deferral.
Tariq Atiq – Normal Supervisor and Chief Retail & Digital Banking Officer at Nationwide Financial institution of Oman, stated, “We’re dedicated to creating worth by way of remodeling and simplifying buyer journeys. Throughout Ramadan, many purchasers are in search of a brand new or pre-owned automobile, whereas many automobile sellers are providing particular reductions and we determined to deliver them collectively by organising this occasion. In the meantime, and particularly throughout this significant time of the yr, Nationwide Financial institution of Oman has been providing enticing methods for patrons to fund the acquisition of a automobile, and there are even choices for many who would not have a checking account with us.”
Through the Holy Month of Ramadan, each Omani nationals and residents, aged 21 years previous and above can apply for NBO’s automobile mortgage provide and profit from promotional rates of interest, ranging from 3.49%. Non-NBO prospects can receive a automobile mortgage from the financial institution with out transferring their wage to NBO and as a substitute pay by way of Direct Debit, which is a novel and hassle-free service provided solely by NBO. Including accessibility and comfort, the financial institution offers its prospects with banking providers at their comfort whether or not at their properties or places of work by way of NBO’s Gross sales Advisors. NBO’s most tenor for new-car loans is ten years, and 9 years for pre-owned automobiles. Moreover, Muzn has been providing particular charges ranging from 4.45%, whereas prospects would not have to pay any installment throughout the first two months of the beginning of the automobile mortgage. Muzn’s automobile finance provide additionally encompasses a low safety deposit, versatile tenures and takaful life insurance coverage services at preferential charges, in addition to a 25% low cost on V-KOOL merchandise.
To search out out extra details about NBO’s and Muzn’s promotional automobile finance affords, phrases and circumstances, in addition to different providers and merchandise, please go to www.nbo.om, contact the NBO Name Centre, or obtain the free NBO App.
