Bank Nizwa extends 5% Profit Rate for Home, Auto and Personal Finance due to high demand

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Offering innovative ways to serve its customers, Bank Nizwa continually comes up with campaigns that are competitive and keeps the customers’ interests in mind. The 5% profit rate on Home, Auto and Personal Finance has received positive feedback from the customers and owing to the high demand, the pioneer Islamic Bank has extended its offering of 5% for a limited time period. This Sharia-compliant financing option is a great alternative for customers looking to acquire a new asset or to meet any other personal needs. It also gives them the assurance that it is fully compliant with the principles of Islamic finance. Low profit rate along with long financing tenures of 25 years for Home Finance and upto 10 years for Auto and Personal Finance allows the customers to reduce his monthly instalment.

“At Bank Nizwa, we want to support the aspirations and necessities of our customers. The 5% profit rate is a competitive rate in the market and we see our customers making the most of this,” said Arif Al Zaabi – AGM, Retail Banking, Bank Nizwa. “The demand for Sharia-compliant financing has been growing rapidly and we want to ensure our customers can meet their rising needs through Sharia-compliant products and services. We offer comprehensive solutions and make sure the process is seamless, hassle-free and swift.”

Bank Nizwa has announced that this is a limited period campaign and has encouraged all to make the most of it before it comes to an end. Over the years, Bank Nizwa has thoughtfully devised several successful campaigns that have been well-received by its customers.

Through its various initiatives, Bank Nizwa endeavors to help in the economic growth of the country by empowering its citizens to finance their interests. Revered for being a leader in Islamic banking in the Sultanate, Bank Nizwa has established its position as an innovator, an industry expert and a preferred choice amongst customers. With innumerable Sharia compliant financing solutions to cater to the varying needs of the population, Bank Nizwa has propelled the concept of Islamic financing and been a vital part in ensuring its growing popularity.

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