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ATM & Branches
Term Deposit Account - is an account that offer you the option to invest in a choice of currencies at different tenors to suit your requirements.
If you’re looking for investments that guarantee high interest rates, Sohar International has designed just the right option for you; the Term Deposit Account.
Features and benefits
Attractive interest rates
Interest of the Fixed Deposit can be paid on monthly, quarterly, half-yearly and annual basis.
“Overdraft” facility against Fixed Deposit.
Account can be opened in multiple currencies - Omani Riyals, US Dollars, Sterling Pounds, Euros and the Japanese Yen
Documents required for a term deposit account
- 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.
Eligibility
- Available for individuals; from all segments (mass, Sohar first, Premier…etc.)
- Minimum opening deposit amount OMR 1,000/- or equivalent in other foreign currencies
- Minimum period of deposit 1 week & maximum 60 months