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BankDhofar High Yield Saving Account Offers Competitive Interest Rates of up to 4.25%

As part of BankDhofar’s constant endeavor to help customers achieve their financial goals that suit their future aspirations, the bank continues to offer a High-Yield Account to obtain an interest rate of up to 4.25%, which is calculated on a daily balance at the end of each day, to be added to the customer’s account at the beginning of the subsequent month.

The High-Yield savings account includes a number of features that allow customers to achieve their financial goals at an accelerated pace, as the account provides a world of convenience and possibilities, whether as an account for daily transactions, optimal returns on funds, or access to various services such as debit and credit cards, and term deposits and insurance options. Additionally, customers can access the account around the clock via the mobile application and online banking services, and the ease of conducting banking transactions through ATMs, cash deposits, direct debit cards, and the cardless withdrawal feature.

An existing customer of BankDhofar can open a High-Yield Saving Account, via the mobile application. New customers can open a High Yield Saving Account via our Intilaqa App or can visit one of the bank’s 118 branches conveniently located throughout the governorates of the Sultanate of Oman.

BankDhofar is one of the leading banks in the region, providing integrated banking services to the corporate and the individual customers, as well as commercial financing services. It also works to meet customers needs by implementing the best international practices in the world of banking and finance.

The bank continuously seeks to enrich the banking services provided to customers by developing products based on their needs. The Bank is aligned to the government's Vision 2040 and build the proposition with a commitment to drive economic growth and development in Oman.

BankDhofar is also committed to keeping pace with digital developments that appear from time to time in the world through a huge investment in technology, in addition to adopting innovative strategies to improve customer experience, simplifying operations, and provide a comprehensive set of digital services. The bank recently launched "Dhofar-Pay", a service the bank provides to customers that allows them to pay via smart phones easily and safely without the need to use a debit card.

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