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Tariff Charges

Schedule of Charges


Sl.No Services Amount (RO)
1 Rescheduling/transfer charges RO 10/-
2 Transfer of Loan To the extant processing fee
3 Balance Confirmation RO 5/-
4 Duplicate Balance Confirmation RO 5/-
5 Release Letter (First Time) RO 3/-
6 Cheque return charges RO 5/-
7 Duplicate Release Letter RO 10/-
8 Foreclosure Statement/ Letter RO 5/-
9 No Due Certificates (NOC) RO 5/-
10 Cheque Return Charges RO 10/-
11 Replacement of Cheques RO 15/-
12 Changes of Mulkiya/Plate 5 RO- Plus a refundable deposit of RO 100
13 Not to Deposit Cheque (NTD) 5 RO- Plus penal interest & (rate of interest on loan + 2%)
14 Replacement of Asset RO 25/-
15 NOC for Taking Vehicle Outside Oman RO 5/-
16 Deal Cancellation RO 25/-
17 Remove/Add Guarantor RO 10/-
18 Change Insurance to Third Party RO 2/-
19 Statement of Account RO 5/-
20 Paid Dishonored Cheques Letter RO 5/-
21 Repayment Schedule Report RO 2/-
22 Copy of Agreement/ Cheques RO 2/-
23 Release CR RO 10/-
24 Penal/Overdue interest Rate of interest on loan +2% p.a.
25 Life insurance premium 0.25% per annum of finance amount
26 Processing fee Up to 1% of the financed amount
27 Withdrawal fee (Debt Factoring) RO 2.500 per withdrawal
28 Court fees Actual amount paid to the Court
29 Lawyer fees Actual amount paid to the Lawyers, limited to the amount decided by the Court
30 Service charges on factoring of invoice Up to 0.50% of gross invoice value
31 Fees towards non-fund based guarantees and letters of credit Up to 2% p.a. plus bank charges
32 Foreclosure charges 1% of the principal amount outstanding
33 Other services RO 5/-

* Reviewed and signed by Members of the Management Committee on September 17, 2023

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