Savings Account

DescriptionSohar Islamic charges OMR
Minimum balance for Account opening5.000
Minimum balance Requirement100
Non-maintenance of minimum monthly balance525 Bz./month (except for pension accounts, social allowances and accounts with monthly salary less than RO500)
Account closure3.150
Dormant/Unclaimed balance below OMR 1002.100 per year
Pre-closure of Fixed DepositContract rate less 1% or actual run period less 1% whichever is less

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