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Important Notices

Discontinued prize draws on Mandoos Savings Accounts

Effective 1 January 2022, the Central Bank of Oman has discontinued prize draw schemes linked to deposits. Therefore, please note your HSBC Mandoos Savings Account will no longer be associated with the prize draw savings scheme. Your Mandoos Savings Account will remain interest free, and there will be no other changes to how your account operates.

In addition to our Mandoos Savings Account, our other savings and investment options include:

  • an HSBC Savings Account in OMR currency at 0.55% interest per year*
  • an HSBC Term Deposit Account in OMR currency, with interest rates ranging between 0.5% to 3% per year
  • investment options for Premier and Advance customers

Simply visit us in branch to discuss your savings options and to open any of the above accounts.

Please note, the interest rates offered are variable and updated rates of interest can be requested through your Relationship Manager or through You can also visit us in branch or call our contact center and speak to one of our representatives. Terms and conditions apply.

*Effective upon opening an OMR interest-bearing savings account, subject to maintaining a monthly minimum balance of OMR 100.