28 March 2011
MUSCAT -- BankMuscat, the leading financial services provider in the Sultanate, has launched an exclusive auto loan for women customers. Complementing the bank's Zeinah suite of products for women customers, the new feature-rich Zeinah auto loan includes special 7 per cent interest rate, guaranteed gift for the first 300 customers and special deals from select auto dealers.

Zeinah customers opting for Mazda vehicles will be entitled to Damas diamond jewellery gift vouchers ranging from RO 100 to RO 300 while customers buying Audi vehicles are entitled to complementary free stay for two at Shangri-La's Barr Al Jissah Resort and Spa. The Zeinah offer also includes a special extra cover offered by General Life Insurance on motor insurance offered to BankMuscat customers through select branches.

The main attractions of the feature-packed Zeinah auto loan include spot approvals, simple documentation, funding up to seven years, motor insurance funding and lowest monthly payments. Customers are also not required to furnish post-dated cheques. These features make Zeinah the easy, convenient and completely hassle-free way to own a new car. Notably, the Zeinah auto loan can be obtained from any of the 130 BankMuscat branches spread across Oman. The facility is available to nationals and expatriates.

Zuwaina al Sharji, Head -- Multiple Product Customers, said: "The Zeinah offer is aimed at helping women to own their dream vehicles. By encouraging people to buy top quality vehicles, BankMuscat seeks to reiterate its commitment to road safety in line with the directive of His Majesty Sultan Qaboos."

The documentation of Zeinah auto loan is simple with only few signatures and details. The customer has an option to avail motor insurance through the Bancassurance channel of BankMuscat at low premiums.
By availing this facility, the customer has the option to add the insurance premium amount to the loan amount and pay in instalments. Post-dated cheques are also not required and instalments are automatically debited from customer's account on a monthly basis.

The exclusive Zeinah suite of products and services targeted at the women of today is the first-of-its-kind banking service in Oman in line with the national development objectives. Zeinah touches a woman's life at different levels. Aimed at offering the most rewarding banking experience, the Zeinah suite includes exclusive cards, designated counters at branches and specially designed products.

Zeinah is part of the bank's wider expansion strategy aimed at meeting the growing demand for exclusive products and services for women. Zeinah offers a unique banking package designed to cater to various financial requirements of women. The exclusive service is based on the premise that women prefer to use special banking services that preserve their privacy.

Zuwaina added: "Women approach finances differently than men do and Zeinah addresses this critical need as this segmented market is continuously evolving. Zeinah recognises that women often have their own needs and goals when it comes to money and finances."

Exclusive tie-ups with leading merchants and retailers offer the best deals and discounts to Zeinah cardholders, especially at leading watch stores, jewellery stores, accessory stores, shoe stores, beauty centres, spas, medical centres, gyms, gift shops, candy stores, garment stores, perfume and cosmetic stores.

© Oman Daily Observer 2011