Credit Facilities

DescriptionSohar Islamic charges OMR
Processing fees for Personal Finance26.250
Processing fees for Home Finance52.500
Processing fees for Auto Finance26.250
Insurance Admin Fee0.052% from finance amount minimum OMR 5.250 and maximum OMR 78.750
Finance prepayment1.05% of outstanding balance
Registration/Release of legal mortgageActual charges
Swap of Mulkiya for the housing finance or any finance granted against the mortgage of property/land26.250

* All Fees & Charges are inclusive of 5% VAT, where applicable effective from 16th April 2021