Bank Muscat Fixed Deposit Interest Rates

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Bank Muscat offers attractive fixed interest rates. The rates are so attractive that no any entrepreneur would want to avoid saving under this plan.

 

Open a Fixed deposit to earn attractive and competitive interest rate. You can do so conveniently, either by transferring the funds from your Savings or Current account through branches or by speaking to the Call Centre Agents over the phone.

Alternatively, you can open a Fixed Deposit by paying cash or by cheque at the branches.

You can open a Fixed Deposit with a minimum amount of RO 1000 for a period ranging from 1 month to 3 years. At the time of opening a Fixed Deposit, you can provide instructions for auto-renewal so that the Bank can renew your fixed deposit upon maturity of the fixed deposit.

Tenure of Fixed Deposit Interest % p.a. for OMR Interest % p.a. for USD Interest % p.a. for GBP Interest % p.a. for EUR Interest % p.a. for AED
I month 0.05 0.05 0.00% 0.00% 0.00%
2 months 0.05 0.05 0.00% 0.00% 0.05%
3 months 0.25 0.25 0.00% 0.00% 0.10%
6 months 0.40 0.40 0.00% 0.00% 0.20%
9 months 1.10 1.10 0.25% 0.0% 0.40%
12 months 2.75 1.75 0.50% 0.00% 0.60%
18 months 2.85 1.75
2 years 3.25 1.75
3 years 3.50 2.00
4 years 4.00 2.25
5 years 4.25 2.75
6 years 4.50 3.00

 

There are several reasons why you should have a fixed interest rate account, especially if you are an entrepreneur. One of the major reasons is the fact that your money will multiply in numbers and within a short period, you will have almost double your savings.

Your money will also be safe. The bank will ensure it’s not only safe but also invested wisely.

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