‘Ready Cash,’ is a hybrid financial solution with singular benefits for customers. ‘Ready Cash’ combines high returns with instant liquidity. It allows customers to enjoy the benefits of earning a high interest yield on their term deposit together with instant access to liquidity through an overdraft facility on 24/7 basis.

Visit any branch of Bank Sohar and open “Ready Cash” Deposit Account in Omani Rials. This Term Deposit will entitle you to an instant overdraft facility of up to 75% of your term deposit. You can avail the overdraft with the convenience of chequebook and Visa Electron Debit Card.

• The Term Deposit will be for a minimum of RO 1000/- or in multiples thereof.

• The period of deposit will be for a minimum of 12 months and maximum of 60 months.

• Both Omanis and expatriate customers can avail of ‘Ready Cash’.

• The instant overdraft facility will be up to 75% of deposit amount

• The tenor of the overdraft will be equivalent to the deposit tenor.

• Interest on the overdraft facility will be 1% over and above the deposit rate.
  

In the event of premature closure, the interest on deposit will be 1% less than the rate applicable for the period for which deposit has remained with the bank and Interest on the overdraft facility will be at the original interest rate charged on the overdraft facility.

A one-time charge of RO 10 will be levied at the time of opening the ‘Ready Cash’ Deposit Account.

National ID or passport for account opening and agreement