| Document fees for corporate lease and bills discounts |
1% of Financed Amount or as approved for each loan or facility |
5% |
(A) x (B) |
(A) + (C) |
| Reschedulement of loan |
| Product |
Charges |
| Individual and SME |
RO 10 |
| Corporates and Others |
RO 25 |
|
5% |
| Product |
Charges |
| Individual and SME |
RO 0.500 |
| Corporates and Others |
RO 1.250 |
|
| Product |
Charges |
| Individual and SME |
RO 10.500 |
| Corporates and Others |
RO 26.250 |
|
| Transfer of Loan |
RO 50 |
5% |
2.500 |
52.500 |
| Cheque bounce charges |
RO 5 |
5% |
0.250 |
5.250 |
| Cheque hold charges |
RO 5 |
5% |
0.250 |
5.250 |
| Change of date of PDCs (excluding interest) |
RO 10 + interest |
5% |
(A) x (B) |
(A) + (C) |
| Change of PDCs - Bank or Branch |
RO 10 |
5% |
0.500 |
10.500 |
| Issue of Settlement Certificate |
RO 5 |
5% |
0.250 |
5.250 |
| Issue of Balance Confirmation Certificate |
RO 5 |
5% |
0.250 |
5.250 |
| Change in ownership of asset from hirer to Company/Company to Individual |
RO 10 |
5% |
0.500 |
5.500 |
| Replacement of Asset or Additional Security |
RO 25 |
5% |
1.250 |
26.250 |
| Change of Plate Number |
RO 10 |
5% |
0.500 |
10.500 |
| Issue of Duplicate Release letter in lieu of Original Letter |
RO 5 |
5% |
0.250 |
5.250 |
| Issue of letter for Part Settlement/Part Release |
RO 10 |
5% |
0.500 |
10.500 |
| Issue of NOC for taking vehicle outside of Oman |
RO 10 |
5% |
0.500 |
10.500 |
| Addition or deletion of Guarantors |
RO 10 |
5% |
0.500 |
10.500 |
| Cancellation of contract after documentation and prior to commencement of installments (Upto loan of RO 25,000) |
RO 5 |
5% |
0.250 |
5.250 |
| Cancellation of contract after documentation and prior to commencement of installments (above loan of RO 25,000) |
RO 50 |
5% |
2.500 |
52.500 |
| Preclosure Charges |
1% of Outstanding Loan Amount |
5% |
(A) x (B) |
(A) + (C) |
| Property Registration as additional Collateral (Muscat) |
RO 25 |
5% |
1.250 |
26.250 |
| Property Registration as additional Collateral (Outside Muscat) |
RO 50 |
5% |
2.500 |
52.500 |
| Property Registration as additional Collateral (Salalah) |
RO 100 |
5% |
5.000 |
105.000 |
| Postponement of Instalment to end of Agreement |
RO 10 |
5% |
0.500 |
10.500 |
| Communication Charges (Individual) |
RO 5 |
5% |
0.250 |
5.250 |
| Communication Charges (Corporate) |
RO 25 |
5% |
1.250 |
26.250 |
| Overseas transfer (in addition to Bank Charges) |
RO 5 |
5% |
0.250 |
5.250 |
| Amendments to LCs/Guarantees (in addition to Bank Charges) |
RO 10 |
5% |
0.500 |
10.500 |
| Sub assignment to Third Party |
1 % subject to minimum of RO 100 |
5% |
(A) x (B) |
(A) + (C) |
| Issue of letter to Bank for Clearing Cheque |
RO 5 |
5% |
0.250 |
5.250 |
