Bank Muscat launches Terhal travel financing

Coinciding with the summer (Q2 to Q3) holidays and the upcoming Eid al Fitr, and in line with the bank’s vision Let’s do more, Bank Muscat, has launched Terhal, a suite of travel services with banking features and facilities. Oman’s first-of-its-kind product is in alignment with strategies aimed at providing a distinct banking experience aimed at customers interested in tourism and travel, the bank said.

Under Terhal, customers will be able to obtain finance of up to RO10,000, at a 3.5% interest rate, repayable over 12 months. Terhal customers will receive a Bank Muscat Oman Air credit card plus a superior travel insurance package. The insurance package will cover a lost passport, flight postponement or cancellation, emergency medical expenses and services, plus personal incidents and lost luggage. Customers are also eligible to earn Oman Air’s free Sindbad miles.

Abdullah Tamman Al Maashani, Deputy General Manager – Institutional Sales & Products Development at Bank Muscat said: “We aim to provide the best banking services and products to all customers while assisting them to draw up ideal financial plans.

"Terhal is designed to help its customers prepare themselves financially and avail special offers during their holidays. Bank Muscat continues adding value to its services and products, in line with a firm commitment to all its customers.”

Interested?

Read the Suroor Asia blog posts about Bank Muscat's Tadhamun initiative and about Oman's Eid al Fitr holiday dates