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'Al Mumayaz' Term Deposit Accounts
Excellence is making the right investments

Overview
If you’re looking for investments that guarantee rich returns without the risk, Bank Sohar has designed just the right investment option for you: the Term Deposit Account.

As a zero-risk, high-return investment plan, Term Deposit Accounts at Bank Sohar offer you the option to invest in a choice of currencies - Omani Riyals, US Dollars, Sterling Pounds, Euros and the Japanese Yen, at different tenors to suit your requirements. The account can be opened individually and, jointly by residents of Oman and Omani non-residents, including individual businessmen, business and commercial establishments, corporate organizations, institutions, government and semi-government organizations and charitable trusts.

 
Unique Features and Benefits
Minimum opening deposit amount as low as OMR 1000/-
Opportunity to earn higher returns at 0% risk.
Standing order facility for payment of interest and principal amount.
Free-of-cost transfers of funds to various other accounts within Bank Sohar.
Power of Attorney facility for account operation by third parties.
Loan against deposits to meet ultra short term requirements.
 
Expect More
With a Term Deposit Account at Bank Sohar you have the option to choose the investment tenure that suits your requirement, as well as your interest payment plan, whether it is monthly, quarterly, half-yearly, yearly or on date-of-maturity. All this goes to ensure that you enjoy the benefits of an investment account designed around your needs in more ways than one.
 
For more information, or to open a Term Deposit Account at Bank Sohar, please contact our call center at 24730000.
 
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