Salary transfer package attracts large turnout from customers to benefit from exclusive offers

by | Apr 26, 2023 | 0 comments

MUSCAT – Bank Muscat, the leading financial services provider in the Sultanate, continues offering all new Salary Transfer Package amid large turnout from customers who can benefit from many features including cashback on salary credit, attractive discounts at select leading retail outlets, eligibility for discounted loans at highly competitive rates, limited free transfers and waiver of cheque book fees on selected books. Benefits do not stop at the account holder; immediate family members can enjoy supplementary credit cards with waiver of fee for the first year on both the main card and supplementary cards. The launch of this highly attractive offer came after a keen study by the bank of the needs of different customer segments in the country before coming up with a strategy to further enhance banking services and financial inclusion in the country.

Customers will be particularly excited by the option to get guaranteed cashback for transferring their salary to the bank. Those with salaries of RO 700-999 can get 5 percent of the total monthly salary credited as a one-time cashback for transferring their salaries to Bank Muscat, while those transferring salaries from RO 1,000 and above can get 10 percent of the total monthly salary as a one-time cashback subject to a cap of RO 500. Adding further cheer to the new package is the chance to get discounts ranging from 20 percent discount on non-promotional items as well as a VIP discount of 5 percent on appliances, electronic devices, accessories and extended warranties at select retail outlets. New customers can also get the fees on their first 3 fund transfers within Oman or international Speed Transfers reversed and credited back into their account.

Bank Muscat customers also benefit from a number of excellent savings and investment options including the Themaar Savings Plan, Term Deposits and Bank Muscat Mutual Funds, applications for which can be easily submitted online through Mobile or Internet banking. The Themaar Savings Plan allows customers to put aside a fixed amount every month for a fixed period of time while Term Deposits allow them to save a lump sum for a specified period of time. Customers can choose the amount that they plan to save and the period according to their future financial goals. The Themaar Savings Plan and Term Deposit allow for safe investments with a guaranteed rate of return. Investors also have a chance of earning good returns from equity markets through lump sum investments or systematic investment plans (SIPs) in Bank Muscat Mutual Funds.

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