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Long Term Deposit Account – Education

Start an higher education fund for your child

  • Deposit tenure up to beneficiary reaching age of 18 years
  • Earn returns up to 60%*
  • Invest with the Social Security Assistance of OMR 10

The smart way to prepare your child for a bright future is to start saving for it now! 

The BankDhofar Long Term Deposit Account for children’s education is specially designed to help smart parents build up the funds to meet their higher learning needs. 

Apply for a Long Term Deposit Account – Education now

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Frequently Asked Questions

If you are an Omani national or an expatriate resident of the Sultanate, and the account beneficiary is below the age of 18 years, you can apply for a BankDhofar Long Term Deposit Account – Education.

You can an interest rate up to 5.5% based on your deposit tenure. For the current rate, click here or please call us on 24791111.

Yes. The minimum monthly deposit for a BankDhofar Long Term Deposit Account – Education is OMR 10. The money can be received from Social Security Assistance.

Yes, a penalty of 1% will be charged if the deposit funds are withdrawn prematurely.

You can apply on www.bankdhofar.com, or drop in at any BankDhofar branch. Find your nearest location click here. 

If you have a query, call us anytime 24x7 on 24791111.

Your commitment is for the number of payments you make. If you have missed one instalment, you need to extend the tenure by one month.

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Do you need further assistance or have questions about Long Term Deposit Accounts -Education? 
We are here to help you. Do not hesitate to contact us.

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