Get high returns on your fixed deposit (Minimum deposit of OMR 50,000) and receive a guaranteed interest rate. 70% of the deposited amount will be automatically invested as a fixed deposit at your choice of duration and an interest rate up to 5.75% p.a. The remaining 30% will be deposited as cash margin amount. You will also receive a complementary Elite Credit Card and an overdraft facility with a limit up to OMR 50,000.

Start saving early for your children and secure their future. OAB’s Child savings plan can help you decide how much you can afford to save for your child each month starting from as low as RO 10 .You can amend the monthly deposit anytime without any charges. Your child will benefit from a competitive interest rate of 2.25% p.a. on their savings until they turn 18. In addition, with OAB you can rest assured that your monthly payments into your children’s accounts will continue under the complimentary life insurance scheme, which covers up to OMR 50,000 in case of any unforeseen incidents that may occur to the parent.

You can easily set up a monthly debit instruction -free of charge- once you open the account, which will automatically debit your main account and transfer the specified amount to your Child’s savings account for the duration of the plan. When your child turns 18, you will have the option to transfer the funds to a Youth Account in your child’s name  or to your own account.

You can enjoy receiving monthly interest payments starting from 1% on your growth account and watch your deposit grow and protect it at the same time. You also have the flexibility of withdrawing the funds anytime. 

To take advantage of the various interest bearing accounts available, please visit your nearest branch and our customer service representatives would be delighted to serve you.

In line with our commitment to reward our customers and continue to promote a strong savings culture; we are offering our existing Hasaad Savers account holders the option of switching their existing accounts to an interest bearing account. Therefore, for customers who would like to make this switch, we will be offering an interest rate of 0.05% per annum for deposits between OMR 100-1,000, a 0.10% interest per annum for deposits between OMR 1,000 – 10,000, and 0.12% interest per annum for deposits above OMR 50,000. The interest on these accounts will be paid at the end of each month based on the minimum deposit balance.  To opt in, please send a message with the word “Yes” to 99825454 before the 31st of October, 2022.