Oman International Bank declares PLS profit rates

20 Jan, 2004

Oman International Bank S.A.O.G. has declared rates of profit on PLS deposits for the period of six months ended on December 31, 2003.

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Type of Deposits % p.a.
Savings Account 3.00
7 days notice 1.50
30 days notice 2.50
Citadel 4.50
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Term Deposits:
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1 month 2.50
2 months 3.50
2 months (Rs 100m and above) 8.00
3 months (July 1- October 31) 3.50
3 months (November 1 - December 31) 3.00
6 months (Rs 100,000 - Rs 7m) 4.50
6 months (Rs 7m and above) 8.00
1 year (Rs 100,000 - Rs 9,999,999) 5.00
1 year (Rs 10m - Rs 149,999,999) 5.50
1 year (Rs 150m and above) 6.50
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3 years (Old deposits at reduced profit rates,
based on the balance tenor):
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19-20 months 8.75
21-27 months 8.00
28-31 months 7.00
32-33 months 6.00
34-36 months 5.00
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OIB Sovereign Account:
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Rs 100,000 to Rs 1,000,000 2.00
Rs 1,000,001 to Rs 10,000,000 2.50
Rs 10,000,001 to Rs 50,000,000 3.00
Rs 50,000,001 to Rs 100,000,000 3.50
Rs 100,000,001 and above 4.50
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OIB Sovereign Account Financial Institution:
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Rs 50,000,000 and above 6.00
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