Bank Muscat, the flagship monetary solutions provider in the sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to supply Omani youth with possibilities to develop a powerful foundation for a far better future, participated in the Global Higher Education Exhibition (Ghedex), at Oman Exhibition and Convention Centre.
The bank showcased its well-known Shahadati education loan at the exhibition. Over the years, Shahadati finance has fulfilled the ambitions of a quantity of aspiring students searching for college or larger education possibilities in Oman and abroad. The facility is also open for functioning workers to obtain extra qualifications with out monetary constraints.
The bank reckons that top quality education is the crucial to a safe future and Shahadati tends to make it achievable by encouraging Omani youth and employed citizens to pursue college or larger education at house or abroad. Shahadati guarantees that clients do not really feel the monetary burden although pursuing college or larger education programmes.
Designed to aid Omani youth attain profession advancement with relevant educational qualifications, Shahadati finance covers complete costs, which includes tuition costs, accommodation, transportation, books and other education-associated costs.
Omani students who have completed their schooling are eligible to apply for Shahadati finance to pursue college or larger education programmes in Oman or abroad. The application for loan help need to be signed and assured by his/her parent or guardian functioning in government, quasi-government or accredited private sector businesses.
The Shahadati loan repayment tenure is ten years. During the study term, the guardian undertakes to spend only the interest portion of the loan, so that they do not face any undue monetary burden. After completion of the study programme, a grace period of 12 months is obtainable to start repayment of loan till the student secures appropriate employment.
The Shahadati finance is also obtainable for Omani students searching for to pursue programmes abroad at institutions authorized and recognised by the Ministry of Higher Education.
With employment prospects straight linked to relevant educational qualifications, Omani youth are increasingly pursuing college or larger education to attain their profession ambitions. Shahadati addresses this crucial want, assisting youth to pursue larger education at universities of their selection, thereby guaranteeing a safe future for future generations.
Information Source: Muscat Daily