#YouChoose

HomePersonal Bankingbreadcrumb separatorFinancebreadcrumb separator#YouChoose

TRANSFER YOUR SALARY OR FINANCE TO ALIZZ ISLAMIC BANK AND AVAIL ONE OF MANY ATTRACTIVE BENEFITS!

Terms & Conditions:

Qard Hassan:

  • Only Available for NTB Salary transfer customers. The existing customers can be eligible only if they transfer NTB Salary.
  • Minimum salary amount is OMR 800.
  • Maximum Qard Hassan Amount is OMR 1,000 subject to customer’s DBR and as per bank’s existing policy.
  • Qard Hassan Re-payment period is 12 months.
  • Available for customers working in Government, Semi Government and approved Private Sector companies.
  • Customers will be eligible for Qard Hassan after the credit of first month’s salary in the account.
  • Customers who are taking Qard Hassan will not be eligible for 10% Cash back or any financing and Credit Card related offers.

10% Cash back:

  • 10% cash back will be available for the first 250 new to bank (NTB) salary transfer customers subject to a maximum cash back amount of OMR 500.
  • The existing customers can be eligible only if they transfer NTB Salary subject to a maximum cash back amount of OMR 500.
  • Minimum salary amount is OMR 800.
  • Current account will be excluded from 10% Cash Back offer.
  • 10% Cash Back will be paid after the completion of the campaign period.
  • The NTB salary can be credited in any of the months under the campaign period but the cash back will be paid only one (1) time for the NTB salary amount credited to the customer’s account maintained with the bank at the end of October.
  • Customers who are taking 10% Cash back will not be eligible for Qard Hassan or any financing and Credit Card related offers.

Financing:

  • Special Rate for Auto/Personal Finance is applicable only for finance tenor up to 5 years and any finance cases above 5 years - standard financing rate (5.95%) will be applied. Finance rate (6%) will be applied for any auto finance against Post Dated Cheques (PDCs).
  • 3 months moratorium will be applied to Home Finance (Ready property & buy out from other Islamic banks), Auto and Personal Finance.
  • Finance processed through IFIN will be excluded from the campaign offers.
  • Customer’s minimum salary amount, minimum & maximum age criteria, minimum & maximum finance amount, DBR eligibility, FTV%, Employer eligibility and other finance eligibility criteria will be as per bank’s existing policy.
  • All customers taking financing offers will have credit card annual fee waived for the life time of the financing period.
  • Customers who are taking financing offers will not be eligible for Qard Hassan or 10% Cash back related offers.

Credit Card Annual Fee waiver:

  • The offer of NTB Credit Card annual fee waiver during the life time of finance tenor will be available with any new home (including buy outs from other banks), auto and personal finance whether it is a rate discount or moratorium on the EMIs (regardless of customer’s selection of choice - Financing with rate discount or Financing with EMI moratorium).
  • Credit Card Annual Fee Waiver will be only available for new credit cards during the campaign period subject to utilizing minimum 50% of the Credit Card limit per year. If the customer fails to utilize minimum 50% of his/her credit card limit, then the credit card annual fee waiver offer will no longer be available andapplicable standard annual fee will be collected from the customer as per the existing process.