MUSCAT: Taking into consideration excellent customer feedback and the high demand for its Sayyarati Auto Financing, Bank Muscat, the leading financial services provider in the Sultanate of Oman, has announced an extension of its special offer, which features attractive interest rates starting at just 3.5 percent for the purchase of new and pre-owned cars. The bank has announced that customers can take advantage of the special rates till 31 August 2022. The extension of the offer is in line with the bank’s customer-centric strategy and commitment to continuously develop new services that meet current and future customer needs.

Speaking on the occasion, Abdullah Tamman Al Mashaani, General Manager – Products, Bank Muscat, said: “We are delighted with the wonderful customer response to Sayyarati Auto Finance and its various benefits and features. As part of our strategy to partner with various auto dealerships and improve road safety by making ownership of some of the best and safest vehicles in the world easy, the special Sayyarati offer has been extended until the end of August 2022. This will ensure that the maximum number of customers can benefit from the most competitive rates in the market, and are able to buy the vehicle of their choice. We thank all our customers and partners for their continued confidence in Bank Muscat’s products and services, and promise that we will continue to enhance customer experience in the future.”

Sayyarati Auto Finance is the easiest path to financing one’s dream car, and the ongoing offer includes a special discounted short-term rate that starts at just 3.5 percent for both new and used cars. Highly competitive rates are also available for up to 10 years along with free third-party insurance for financing used cars. Omani nationals working in government and semi-government institutions as well as Tier 1 and Tier 2 companies are eligible for financing up to RO 60,000. Expatriates working in government and semi-government organizations as well as Tier 1 companies can also make use of the attractive interest rates in the offer. 

It must be noted that Sayyarati enhances banking convenience as no postpaid cheques are needed, and installments are automatically deducted from the customer’s account once the mandate to do so is provided. Applications may be submitted at Sayyarati Centres in Wattayah or Salalah or at the nearest Bank Muscat branch. Documents needed to ensure prompt processing of the application include copies of customer ID and Driving Licence, a salary transfer letter, valuation of the vehicle and seller’s ID copy (for pre-owned cars). Please go to https://bm.click/SayyaratiEN for more details about Sayyarati Auto Finance.