A flexible loan plan to help you realise your dreams
When you need extra cash, whether it's for furnishing your home, paying for a well-deserved holiday or covering some major expenses such as your wedding celebrations, our personal loan package offers high multiples at attractive interest rates for Omani nationals and resident expatriates.
All residents of Oman and earning a minimum monthly salary of RO 400 are eligible to apply for personal loans. Personal loans are offered up to a maximum of RO 85,000 for Omani nationals and RO 40,000 for resident expatriates.
(All loans are granted to employees of Standard Chartered Bank's approved list of companies and at the sole discretion of Standard Chartered Bank, Oman)
At a glance:
- Instalment loans with quick approvals and attractive interest rates
- Top-up option allows you to borrow an additional amount or re-borrow what you have repaid provided that your repayments have been regular
- Take-over (buyout) option allows you to transfer your loan from any other bank to us
- Flexible repayment of up to 10 years for Omani nationals and 5 years for resident expatriates
- Fixed instalments for easy budgeting
- Salary transfer required
- No guarantor required