Financial independence and wider opportunities with Youth Account from BankDhofar
BankDhofar, a pioneer in banking services, is emphasizing its commitment to empowering the next generation with its long-standing Youth Account. Designed for Omani nationals and expatriate residents between the ages of 18 and 23, the account provides a practical and rewarding platform to develop essential saving habits and promote financial independence.
BankDhofar Youth Account goes beyond a standard savings plan by offering a suite of benefits tailored to the lifestyle of young adults. Account holders can enjoy the freedom of hassle-free banking with no minimum balance fees, giving them the flexibility to manage their finances. Furthermore, the account provides up to four free mobile payment transfers each month, a valuable feature that makes daily transactions seamless and cost-effective.
Also, Customers can enjoy special deals and merchant discounts across beauty, shopping, dining, lifestyle, and leisure experiences and the included Visa Classic Debit Card also unlocks additional offers and global privileges. In addition to these lifestyle benefits, the Youth Account supports comprehensive financial planning through a variety of dedicated savings plans that cater to short-, medium-, and long-term goals. Among these, the Retirement Savings Plan encourages young individuals to begin planning early for their financial future. Meanwhile, the Daily, Weekly, and Monthly Savings Plans are designed to help youth develop consistent saving habits, offering flexible options that suit different lifestyles, income levels, and financial objectives.
Highlighting the significance of this meticulously crafted account, Amjad Iqbal Al Lawati, Chief Retail Banking Officer of BankDhofar said, “We recognise that the journey to financial freedom begins with a single step, and our Youth Account is designed to be that first step for young individuals. It is more than just a banking product - it’s a gateway to financial empowerment, designed to support the needs, goals, and lifestyles of young adults. We aim to make banking simple, educational, and rewarding for today’s youth.”
Since the beginning of the year, BankDhofar has revitalized its corporate identity to reflect its ambitious vision: to be the most reliable, innovative, and comprehensive financial partner in the Sultanate of Oman. This renewed identity aligns with a global outlook, while remaining deeply rooted in Omani values and traditions. The vision is to make banking accessible, personalized, and future-ready, underpinned by a human-centric approach founded on trust and digital excellence.
BankDhofar is currently the second-largest bank in the Sultanate of Oman by branch network, with more than 140 branches across all governorates.
