OMOmanUpdated for 2026Finance

Oman Fixed Deposit & Savings Yield Calculator 2026

Calculate interest and profits on fixed-term deposits and savings accounts across Omani commercial and Islamic banks with simple and compounding yield options.

Calculated Result

Total Earned Interest / Profit

450OMR

Calculator Inputs

OMR
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%
Quick select:
mo
Quick select:

Total Earned Interest / Profit

450OMR

Total Maturity Balance

10,450 OMR

Effective Annual Yield (APY %)

4.5%

Deposit profits and interest are 100% tax-free for individual retail account holders in Oman. Retail deposits are protected under BDIS up to 20,000 OMR per depositor.

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: التعليمات المصرفية لحسابات الودائع الصادرة عن البنك المركزي العماني (CBO) ونظام التأمين على الودائع المصرفية (BDIS)Last Verified: 2026-09-07

Calculation Methodology

Simple Interest = Principal * (Rate / 100) * Years. Compounded Interest = Principal * ((1 + r/n)^(n*t)) - Principal. APY = (Total Interest / Principal / Years) * 100.

Frequently Asked Questions

No, Oman imposes no personal income tax or withholding tax on bank deposit interests or savings profits earned by individual retail account holders.

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