::: Taageer Finance Company (SAOG):::

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Retail & Consumer Financing »Retail-Institutional Consumer Credit

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Taageer’s ICC scheme provides for individuals in batches of 25 and above, working in approved organizations to buy consumer goods such as electronics, computers, high value cameras, air-conditioners, refrigerators, music systems. The advantage of the scheme is that there would be only one trustee cheque with monthly deductions being made by the employer/standing transfer instructions and sent to Taageer.

Eligibility	Individuals working in Institutions approved by Taageer Minimum 25 employees per batch is required to process the ICC loan.
Amount	Between RO 250/- and RO 5,000/- Maximum Tenor – 36 months
Documents	Proof of Income – salary certificate, 3 months bank statement NID for Omani nationals Passport and Resident Card copy for Expats One trustee cheque Letter of undertaking from the Institution for remittance of monthly instalments
Criteria	Upto 100% of the asset can be financed Minimum salary RO 200/- In employment for atleast 6 months Net disposable income – 40%
Interest	Depends on tenor and credit appraisal.
Advantage	For customers who pay their instalments on time, we offer interest benefits when they approach for new loans.