EMI Calculator Oman
Work out your monthly loan instalment in OMR, see the total interest, and compare it against rates Oman banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Oman
Buzdy tracks 8 banks in Oman with 181 branches across 52 cities. EMI results on this page are shown in OMR. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card in Oman?
Compare what banks in Oman actually offer — rates, fees and eligibility, updated for 2026.
Credit card interest rates in Oman
Relevant if you convert a card purchase into monthly instalments. 33 cards with a published rate.
Worked example — repaying OMR 10,000 of card balance over 5 years in Oman
- Balance
- OMR 10,000
- Rate used
- 12% a year
- Tenure
- 60 months
- Monthly EMI
- OMR 222
- Total interest
- OMR 3,347
Rate taken from SME Credit Card (Sohar International Bank) — the lowest published credit card rate we hold for Oman. Buzdy does not yet hold personal loan rates for Oman, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Oman
Keep going in Oman
Guides for Oman
Oman — frequently asked questions
What does OMR 10,000 on a credit card cost per month in Oman?
At 12% a year over 60 months the instalment works out at about OMR 222, or OMR 3,347 of interest in total. That rate comes from SME Credit Card by Sohar International Bank, the lowest published credit card rate Buzdy holds for Oman. We do not yet hold personal loan rates for Oman — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Oman?
Across the 33 cards with a published rate in Oman, quoted rates run from 1.5% per month to 12% a year. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Oman?
Buzdy maps 181 bank branches in Oman across 52 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.