Deposit rates

Our anticipated deposit rates for your investments.

Sohar Islamic Wakala Term Deposit Profit rates for the Month of Oct 2024

OMR Wakala Deposit Rates (%Pa)

Amount	1month	3months	6months	9months	1 year	2 years	3years	5years
1K-99K	1.50	1.65	1.75	3.00	4.00	4.00	4.00	4.00
100K-499K	1.50	2.00	2.50	3.25	4.25	4.25	4.25	4.25
500K-999K	2.00	2.50	3.00	3.50	4.50	4.50	4.50	4.50
1M-4.99M	2.50	3.00	3.50	3.85	4.65	4.55	4.55	4.55
5M-10M	3.00	3.50	3.85	4.00	4.85	4.65	4.65	4.75

For Deposit Amounts more than 10 Mio refer to treasury

USD Wakala Deposit Rates (%Pa)

Amount	1month	3months	6months	9months	1 year
1K-99K	1.25	1.55	1.60	1.90	3.90
100K-499K	1.35	1.85	2.00	2.50	3.95
500K-999K	1.85	2.00	2.50	3.00	4.00
1M-4.99M	2.00	2.50	3.00	3.50	4.25
5M-10M	2.50	3.40	3.75	3.85	4.50

For Deposit Amounts more than USD 10 Mio and more than 1 year refer to treasury

For USD Deposits more than 1 year please contact treasury

Flexi Wakala Account Deposit Slabs (OMR)

From	Upto	Rate (%pa)
0	499	0.50
500	4,999	2.50
5,000	9,999	3.50
10,000	29,999	3.75
30,000	49,999	4.00
50,000	99,999	4.25
100,000	199,999	4.50
200,000	And above	4.75

We would like to announce that the Flexi Wakala Account Deposits Slabs will be updated starting from 29 November, 2024. The new applicable rates will be:

From	Upto	Rate (%pa)
0	499	0.50
500	4,999	2.25
5,000	9,999	3.25
10,000	29,999	3.50
30,000	49,999	3.75
50,000	99,999	4.00
100,000	199,999	4.25
200,000	And above	4.50

We would like to announce that the Flexi Wakala Account Deposits Expected Slab Rate will be updated starting from 12 January 2025. The new applicable rates will be:

From	Upto	Rate (%pa)
0	499	0.50
500	4,999	2.00
5,000	9,999	3.00
10,000	29,999	3.25
30,000	49,999	3.50
50,000	99,999	3.75
100,000	199,999	4.00
200,000	And above	4.25

Saving Plan

Tenure Years	Rate (%pa)
6 Months	1.25
1 Year	2.25
2 Years	2.50
3 Years	2.75
4 Years	3.25
5 Years	3.40
6 Years	3.50
7 Years	3.60
8 Years	3.70
9 Years	3.80
10 up to 18 Years	4.05