OIB News

MANDOOS 2008

 

 

Mandoos:
The savings A/C "Mandoos" in considered the biggest and most famous saving program in the Sultanate of Oman. You may with draw your saving at any time by using the withdrawal coupon form any OIB branch, or by using OIB A.B.C plus card from any ATM location distributed all over the Sultanate.
 
Eligibility:
  • All Omanis and residents in the Sultanate of Oman who are 18 years old and above.
  • An A/C can be opened by individuals, or by groups, clubs or fund management companies.
How to Apply for Mandoos A/C Opening :
  • To obtain a mandoos A/C opening application form.
  • To sing on the form ether you review all the terms of conditions.
  • To return the form after you fill it to the branch you choose.
  • Illiterate Persons may open the A/C by attestation on their photographs and to affix the right hand thumb in the bank.
  • To present your ID card, or labor card, or a copy of the passport.
 
Important points to Remember:
  • The bank shall deduct R.O 1/= every month if the A/C balance in less than R.O 100/=.
  • Lows in relation to interest rate, or those governing A/C may change.
  • Depositing of the values of cheques and other payment instrcements in the A/C shall be subject to their clearance, and the final realization of their correctness.
  • To ensure updating the address if there in any change throne.
 
Characteristics:
  • A/C holder shall be eligible to participate in Mandoos prize draws, provided the realization of the minimum balance fixed by the bank.
  • Each A/C holder shall obtain an ATM card free.

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