BankDhofar’s High Yield savings account provides a competitive interest rate of up to 4.25%

BankDhofar continues to support its customers in achieving their financial goals with its High-Yield Account, offering an interest rate of up to 4.25%. This account calculates interest on a daily balance, adding it to the customer’s account at the beginning of each month for optimal returns.

Providing convenience and possibilities, the High-Yield savings account serves as a versatile tool for daily transactions, access to debit and credit cards, term deposits, insurance options, and more. Customers can easily manage their account through the mobile application and online banking services, as well as conduct transactions through various channels including ATMs, cash deposits, direct debit cards, and cardless withdrawals.

Current BankDhofar customers can open a High-Yield Saving Account through the mobile application, while new customers can do so via the Intilaqa App or by visiting one of the bank’s 118 branches across Oman. As a leading bank in the region, BankDhofar is committed to providing integrated banking services that meet the needs of both corporate and individual customers while aligning with Vision 2040 to drive economic growth in Oman.

Striving for continuous improvement, BankDhofar invests in technological advancements and innovative strategies to enhance customer experience and streamline operations. The bank’s recent launch of “Dhofar-Pay” allows customers to make secure payments via smartphones without the need for a debit card, showcasing its commitment to staying at the forefront of digital developments in the banking industry.