Oman International Bank was established on January 1, 1984 as the first Sultanate's entirely-owned Omani commercial bank. Over the years, it has become one of the largest banks of Oman with a wide network of a large number of countries. Since the year of its foundation, the bank has pioneered a large range of varied services and efficient systems in Oman to offer its clients an elevated level of impeccable service and ultimate satisfaction. Today the Oman International Bank has a huge branch chain comprising of 83 branches in the Sultanate of Oman and around five overseas branches, out of which two are present in India and the rest in Pakistan. The bank also introduced Oman for the first time with ATMs, phone banking and school banking. It became the first hundred percent computerized bank with the offerings like corporate cash and staff training centers.
The bank provides special services for the small kids and youth who are citizens of Oman or residing there. On opening an account of a young one, the kid receives a nice gift in return. Also, there are also easy loans for the students opting higher studies.
Presence In India
The bank has two branches in the major cities of India, one in Mumbai and other in Cochin. The branch of Oman International Bank in Mumbai serves as the country's head office of the bank.
Products And Services
The bank offers a large range of products and services to its clients such as Retail banking which include deposit products, safe deposit lockers, card products, loans, remittances and insurance. Corporate banking which offers small, medium and corporate businesses. Institutional banking offers financial institute and foreign trade and treasury under which services like foreign exchange, money market, interest rate market, structured solutions, market updates and privilege banking comes.
NRI Oriented Services
Oman International Bank provides some great benefits to NRIs. The NRIs residing in Oman can enjoy varied services of OIB like free telex transfer facilities, special exchange rates, speedy remittances in India , UTI services and NRI Public Issue schemes. The bank is the only one equipped with a full fledged NRI Service Centre, handling your finances the way you desire. Also NRIs can avail the service of currency management for higher yield than FCNR rates. The bank also provides Rupee Taj Premium card, NRI Phone Bank, loan facilities in INR or other foreign currency. The bank also has special cash counters for NRI's.
Oman International Bank
201, Raheja Centre
Free Press Journal Marg
Mumbai - 400 021