Bank Nizwa, Oman’s first Islamic bank, is celebrating Ramadan with its customers by offering them a very special ‘Auto Finance’ treat. The special features will enable the customer to purchase that special car in hassle free and a rewarding experience. Last year’s campaign was highly successful with excellent feedback and response from our customers. Throughout the holy month, customers can simply go to any Bank Nizwa’s branch and apply for Auto Finance as part of their Ramadan preparations.
Any customer availing Auto Finance from Bank Nizwa will enjoy an excellent profit rate of 4.99%. Moreover, Bank Nizwa has made it very easy for customers to get Auto Finance in that there is no need to transfer their salaries and they would have the option to pay their first instalment after two months of taking the finance. The additional benefits customer will enjoy when taking Auto Financing from Bank are Zero processing fees and free credit life insurance for the entire tenor of the financing.
Bank Nizwa’s CEO, Dr. Jamil El Jaroudi, said, “We are delighted with how successful our Ramadan campaign was last year. The Holy month of Ramadan is a month of blessings and is a time for giving. It makes us very happy to be able to once again offer our valued customers very special features on our Auto Finance product which are unique in that it comes with no need to make a salary transfer. It is just our way of saying thank you to our customers and facilitating the best financing solutions possible to enable them to become proud car owners.”
As the Sultanates leading Islamic bank, Bank Nizwa is constantly working to bring new and exciting offers to its customers. This special Auto Finance offer is valid for 2 months starting from June 24th. The product enables customers to enjoy an alternative to traditional financing. They enjoy a co-ownership relationship with the bank until the ownership of the vehicle is completely transferred to the customer. The bank has highly qualified banking officers on hand in all of their branches to meet with customers, to help them through the process and to make it as easy as possible.
Bank Nizwa continues to be leader in Islamic finance in the Sultanate, creating finance solutions to meet its customers’ needs at competitive prices.
Wednesday, June 25- 2014 @ 12:13 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.