| Sl.No | Services | Amount (RO) | VAT Charges (RO) |
|---|---|---|---|
| 1 | New Car Processing Fees | Up to 1% of the Finance amount | 5% |
| 2 | Used Car Processing Fees | Up to 1% of the Finance amount | 5% |
| 3 | Corporate Leases Processing Fees | Up to 1% of the Finance amount | 5% |
| 4 | Consumer Processing Fees | Up to 1% of the Finance amount | 5% |
| 5 | Rescheduling - Individual | 15 | 5% |
| 6 | Rescheduling - Corporate | 25 | 5% |
| 7 | Transfer of Loan | 50 | 5% |
| 8 | Balance Confirmation | 5 | 5% |
| 9 | CR Mortgage | 10 | 5% |
| 10 | Building/ Land Mortgage | 25 | 5% |
| 11 | Release CR/ Building/ Land Mortgage | 10 | 5% |
| 12 | Car Release Letter (First Time) | 5 | 5% |
| 13 | Car Release Letter (Duplicate) | 10 | 5% |
| 14 | Part Foreclosure/ Part Release | 10 | 5% |
| 15 | Foreclosure Statement/ Letter | 5 | 5% |
| 16 | No Due Certificates (NOC) | 5 | 5% |
| 17 | Cheque Return Charges | 10 | 5% |
| 18 | Replacement of Cheques | 15 | 5% |
| 19 | Change of Registered Ownership of the Asset | 10 | 5% |
| 20 | Change Plate type/ Number/color/ body | 10 | 5% |
| 21 | Not to Deposit Cheque (NTD) | 10 RO- Plus penal interest (rate of interest on loan + 2%) | 5% |
| 22 | Replacement of Asset - Individual | 25 | 5% |
| 23 | Replacement of Asset - Corporate | 50 | 5% |
| 24 | NOC for Taking Vehicle Outside Oman | 10 | 5% |
| 25 | Deal Cancellation | 50 | 5% |
| 26 | Remove/Add/ Replace Guarantor | 10 | 5% |
| 27 | Statement of Account | 5 | 5% |
| 28 | Paid/ Unpaid Bounce Cheque Letter | 5 | 5% |
| 29 | Repayment Schedule Report | 5 | 5% |
| 30 | Copy of Agreement/ Cheques | 5 | 5% |
| 31 | Penal/Overdue interest | Rate of interest on loan +2% p.a. | 5% |
| 32 | Withdrawal fee (Debt Factoring) | RO 2.500 per withdrawal | 5% |
| 33 | Court fees | Actual amount paid to the Court | 5% |
| 34 | Lawyer fees | Actual amount paid to the Lawyers, limited to the amount decided by the Court | 5% |
| 35 | Factoring Invoice | Up to 0.50% of gross invoice value | 5% |
| 36 | Fees towards non-fund based guarantees and letters of credit | Up to 2% p.a. plus bank charges | 5% |
| 37 | Pre-Closure Charges | 1% of the principal amount outstanding | 5% |
| 38 | Life Insurance Premium | 0.3% of the loan amount p.a | 5% |
| 39 | Valuation of Asset if done by MF on behalf of customer | 25 | 5% |
| 40 | Other services | 5 | 5% |
* Reviewed and approved by Members of the Management on September 24, 2024
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