Bank Muscat and GIG Gulf launch Ramadhan offer on comprehensive motor insurance plan

by | Mar 20, 2024 | 0 comments

MUSCAT – Bank Muscat and GIG Gulf are introducing an attractive offer for comprehensive Motor Insurance plan in collaboration with Precision Tune Auto Care to commemorate the Holy month of Ramadhan. Through the exclusive offer, customers can avail a cash voucher when obtaining or renewing a comprehensive insurance policy, which include a number of services such as changing engine oil and filter, checking and correcting tire pressure, cleaning air filter, washing and cleaning vehicle. The offer is valid till April 12, 2024. 

Customers can benefit from the current offer by applying through the online portal ( ,visiting the nearest Bank Muscat branch or contacting the call center on 24032666. Both Omani and Expats are eligible to benefit from the comprehensive Motor Insurance plan for either new cars or when renewing the current plan. 

Abdullah Tamman Al Maashani, General Manager – Products, Bank Muscat, said: “We are pleased to celebrate the Holy month of Ramadhan with our valued customers through exclusive offers to meet their needs and aspirations. We invite customers to benefit from the offer and enjoy the various benefits Motor Insurance plan offers. Through our strong partnership with GIG Gulf, which is recognised worldwide for its excellent products and services, we are happy to continue offering the best insurance services to our customers at very affordable and highly competitive premiums. We would like to extend our appreciation to the valued customers for their continuous trust on the different offers, services and facilities.” 

Abdullah Al Maashani further stated: “This offer came in line with the exclusive Ramadhan offer the Bank announced on Sayyarati Auto Finance with a special rate that start at just 3.75 percent on both new and pre-owned cars for Omani nationals and expatriates. This year, customers will be able to start paying their installment after 2 months of loan disbursal. I would like to stress that Sayyarati has some of the best interest rates in the country, including 4 percent for a period up to 2 years and 4.25 percent for loan tenors of 3 years and 4.5 per cent for a 4-year loan tenor.” He invited customers to benefit from the exclusive features Bank Muscat’s Ramadhan offers provide.    

Mehdi Salim Al Harthy – General Manager and Head of Partnerships – Oman, GIG Gulf, said: “We are delighted to continue strengthening our strategic partnership with Bank Muscat and continue introducing various offers for customers. We hope through the current offer to provide customers with added value so they can fully benefit from the comprehensive Motor Insurance package from GIG.”  

Some unique features of GIG Gulf Motor Insurance plan are that customers will be able to get 24/7 roadside assistance and recovery, guaranteed repairs and extended opening hours. It is one of the highest levels of motor protection in the Middle East as it is combined with the security and service standards of a large international operation. 

Through the Motor Insurance plan, customers will benefit from compensation for loss or damage caused to their vehicle and their personal belongings, third party liability against personal injury and property damage, UAE extension cover and in the event of total loss, the cost of the insured value will be covered, as per original invoice with no depreciation for 24 months. 

Since 2013, Bank Muscat has had a strategic partnership with GIG Gulf, a leader in insurance which provides a wide range of insurance products and services to corporates, SMEs, and individual customers throughout the region. Through this strategic alliance, the bank provides best-in-class bancassurance products and services to its diverse customer segments, including health insurance, motor, home, savings, life, and more.

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