MUSCAT :Bank Muscat, the leading financial services provider in the Sultanate, has announced the availability of its Baituna home finance at competitive interest rates in line with its commitment to national development and priorities. Omani customers looking for the best home finance deals in the Sultanate will find Baituna with its maximum tenor of 25 years a particularly attractive option. Based on customer feedback, the bank is continuing to launch new innovative features and benefits for customers in its various financing options. 

Speaking about the special campaign on Baituna, Abdullah Tamman Al Maashani, Deputy General Manager – Institutional Sales & Product Development, said: “The real estate sector is a major component of the national economy and Bank Muscat is committed to supporting this crucial sector and strengthening its role in the development and growth of the Omani economy. Baituna facilitates purchase and construction of new homes as well as land for residential use. It also offers insurance coverage and fast processing of applications across the bank’s extensive network of branches and dedicated Sales Centres. The finance offers flexible payment options and requires only simple documentation. We encourage our customers to make their dream homes a reality with the convenience of Baituna home finance.”

Baituna home finance is available for salaried government employees (Omani) with a minimum salary of OMR 250 and minimum service of 3 months for up to 25 years of home financing while employees of Tier 1 private sector companies (Omani) minimum salary of OMR 500 and a minimum of 6 months of service are eligible for home loans having a tenure of up to 25 years. Loans of up to OMR 500,000 are available through Baituna subject to the applicant fulfilling the relevant criteria. 

Customers can obtain easy and convenient financing approval at any of the dedicated Baituna Sales Centres at Qurm, Ma’abela, Nizwa, Salalah, Barka, Sur, Saham, Sohar, Ibri, Buraimi and Ibra or at the bank’s retail banking branches across the Sultanate.

Bank Muscat Baituna offers a number of advantages including easy processing, competitive interest rates and excellent guidance during the application process. Customers can rest assured that they can access some of the best home financing options in the Sultanate at Bank Muscat. 

To check eligibility, please visit the loan calculator page at: https://www.bankmuscat.com/en/Pages/Loan-Calculator.aspx 

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