MUSCAT : Bank Muscat’s Baituna home finance has been steadily attracting large numbers of customers over the years and helping them in making their dreams come true. In line with its customer-centric vision, the bank has been providing financing products to large numbers of customers, both Omanis as well as residents, which are aligned to their unique needs. It should be noted that Bank Muscat offers very attractive interest rates and a tenor up to 25 years.

Speaking about Baituna, Abdullah Tamman Al Maashani, Deputy General Manager – Institutional Sales & Product Development, said: “Bank Muscat is very keen to provide products and benefits in line with the needs of its customers through a number of products and solutions, which see continuous development and fine-tuning. 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 Sultanate’s economy. Real estate developers are our partners in progress and today, as economic activity picks up in the sector, Bank Muscat is ready to provide valuable support and the best options for its customers, both in Muscat as well as in other parts of the country. We would also like to thank our customers for the strong confidence in our products and services, as well as their valuable feedback which helps the bank to develop new products in line with its customer-centric vision.”

With Oman becoming an attractive real-estate investment destination in the region, the role of home financing is only set to grow more and more important. Customers can use Baituna financing facilities to construct or purchase new homes as well as land for residential use. Bank Muscat customers can take advantage of the fast processing of applications and the excellent insurance coverage for their financing. Flexible payment options and simple documentation makes Baituna the leading home finance facility in the Sultanate.

Baituna home finance is available for salaried government employees 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 with a minimum salary of OMR 500 and minimum 6 months 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. Easy and convenient credit approval can be obtained at any of the dedicated Baituna Sales Centres or at branches across Oman. 

Please visit https://www.bankmuscat.com/en//loans/Pages/details.aspx#baituna, call 2479 5555 or visit the nearest Bank Muscat branch to know more about Baituna.