| Minimum Salary | Salary Transfer | Islamic Finance | Maximum Term | Flat Rate | Reducing Rate | |
|---|---|---|---|---|---|---|
ahlibank - MyLoan
|
Minimum Salary: OMR 300 | Salary Transfer: No | Islamic Finance: No | Maximum Term: 4 Years | Flat Rate: 4.6% | Reducing Rate: 8.28% |
“Fulfill your needs, hassle free”
Need cash for expanding your business, giving your children the best education, give your daughter her dream wedding, taking that dream vacation with your loved ones, the latest PC for your child without having to bear the load of big repayment amounts – all this and more is made possible through ahlibank’s MyLoan.
Need cash for expanding your business, giving your children the best education, give your daughter her dream wedding, taking that dream vacation with your loved ones, the latest PC for your child without having to bear the load of big repayment amounts – all this and more is made possible through ahlibank’s MyLoan.
Features
- Exciting Schemes
- Easier repayment options
- Low interest rates
Additional Information
Eligibility:
Minimum Salary for Omanis:
- Government and Quasi Government Employees RO 300 p.m.
- RO 500 p.m, if the Length of Service is between 24 – 48 Months
- Government and Quasi Government Employees RO 150,000
- Private Sector Employees RO 100,000
- Expatriates: RO 35,000
- 21 Years
** 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.
Representative Example Calculator
