Al Kanz Savings Account ensures winners from every region and customer category in Oman. Gain the chance to win OMR 25,000 monthly and OMR 250,000 quarterly!
Start saving today and see your life change with Al Kanz Savings account! Your turn of telling a success story could be next.
Additional information:
- Enter monthly draws
- Specifica draws for loyal customers/Sadara customers/Shabab customers
- Documents required: Valid passport/ID
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.