Instant Interest Fixed Deposit Account – a great way to maximize your savings in a quick and easy manner 

If you are looking for a way to maximize your savings in a quick and easy manner, Sohar International has designed just the right solution for you; the Instant Interest Fixed Deposit Account where the customer receives full interest amount for the FD tenor upon opening the account and booking the FD.

Features & Benefits

• Special interest rates
• Full interest amount for the FD tenor will be paid upon account opening & FD booking
• Minimum period of deposit 12 months and maximum 24 months

Eligibility Criteria

• Minimum opening deposit amount OMR 10,000 or in multiples thereof
• Available for Omanis, Expats, New & Existing customers
• Available for all segments (mass, Sohar first, Premier…etc.)

Documents Required

• Omani nationals should provide copy of their national ID card
• Non-Omani Residents (Expatriates) should provide copy of their passport and resident card.
• Both should also bring the minimum amount required to open the particular account.

Terms & Conditions

• Partial withdrawals are not permitted from a Fixed Deposit Account
• In the event of Fixed Deposit premature closure, the bank will levy a penalty either equal to 1% on the contracted rate or 1% on the prevailing interest rate for the month of pre-closure (whichever is lower).