Al Mazyona Savings Account
Bank Muscat · Savings Account
- Requires a minimum balance
Qrar360 Decision Brief
What is this product?
A savings account from Bank Muscat.
Who it may suit
- Fully digital opening
- Digital-first users
Consider if
- You want to open digitally
May not suit
- People keeping low balances
Important conditions
- Requires a minimum balance
Facts not yet fully verified
- the last verification date
Key facts
Bank Muscat's conventional Al Mazyona savings account, requiring a minimum daily balance of OMR 100 (below which a OMR 0.525 monthly fee applies, waived for salaries under OMR 500 or pension/government-support accounts), offering a flat interest option of 0.1% per annum on the average monthly balance.
Product Analysis
- Annual profit / interest rate: 0.1%.
- Minimum balance required: 100 OMR.
Not yet scored
This product does not have a published Qrar360 Score yet. A score is published only when enough of its facts are verified from official sources to meet our coverage and confidence thresholds. The recorded facts below remain discoverable and comparable.
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Availability by Country
- OmanAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
Frequently asked questions
- Is Al Mazyona Savings Account Sharia-compliant?
- Al Mazyona Savings Account: Not classified as Sharia-compliant.
- Which countries is Al Mazyona Savings Account available in?
- Al Mazyona Savings Account is available in: Oman.
- Can Al Mazyona Savings Account be opened online?
- Yes — Al Mazyona Savings Account can be opened fully online.
- What is the return or profit rate for Al Mazyona Savings Account?
- The return rate for Al Mazyona Savings Account is 10.00%.
