MUSCAT : As part of its customer-centric vision, Bank Muscat, the leading financial services provider in the Sultanate, has announced that it will continue to offer a special discounted rate on its Sayyarati Auto Finance till 31^st August 2022. The special scheme, which offers rates as low as 3.5 percent for new and used cars has been taken up enthusiastically by customers, and will go a long way in enhancing road safety by making some of the best and safest cars in the world easily available to people in Oman.

In addition to the attractive interest rates that start at just 3.5 percent, the special offer includes a variety of exclusive benefits like a repayment tenor of up to 10 years and along with free third-party insurance for used car financing. Sayyarati Auto Finance is the easiest path to financing one’s dream car and Omani nationals working in government and quasi-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.

Sayyarati auto finance 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 can 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). Enhancing customer satisfaction, Sayyarati auto financing can be disbursed within 24 hours if applicants meet the relevant eligibility conditions.