Bank Nizwa has initiated the campaign for buyout that will allow clients to transfer the current finances or loans from the Banks or institutions to Bank Nizwa, at reduced interest rate, decreasing their EMI amount.
Aspiring to enrich customer’s experience and diversify its service offering, Bank Nizwa, Oman’s leading and most trusted Islamic bank, constantly seeks to introduce new and innovative Sharia compliant products that keep pace with the varying needs of the population and fulfill their requirements. In line with the same, Bank Nizwa has launched the buyout campaign that allows customers to transfer their current finance or loan from any other Bank or financial institution to Bank Nizwa, at reduced interest rates, hence lowering their EMI amount.
The bank will take over the current loan or finance by covering the dues and refinance it to the customer as per the principles of Islamic Sharia. With this campaign, customers can enjoy a competitive 5% profit rate and reduced monthly installments along with a plethora of great benefits offered by the bank, making it an ideal choice for beneficiaries. The introduction of such promotions reflects the bank’ strategic approach of providing solutions that cater to community needs, particularly since the cost of living and daily life requirements are spiking up.
Source: Zawya