Opening your first bank account has never been easier!

If you’re a student between the ages of 18 and 25 years and planning to pursue your graduate degree, National Bank of Oman offers the ideal savings account to help you achieve your goals. Mustaqbali Account will make it easier for you to achieve your savings goals and secure your future.​


Mustaqbali Savings Account
  • Three free withdrawals from other ATM machines
  • Customized Titanium Debit Card designed only for youth
  • No minimum balance fee for Savings Accounts
  • Automatic entry to Al Kanz prize draws (subject to fulfilling eligibility criteria)
  • Minimum deposit of RO 10 to open the account
  • ​Access to e-Banking services
  • ​Non-interest bearing Savings Account
Fraud Protection
If you lose your Debit Card, you will be reimbursed
for unauthorized charges made on the Card, up to 24 hours, prior to the first time you report it.If the Debit Card is still in your possession but unauthorized charges were made on it from a store, telephone, ATM or even online, you will be reimbursed 2 months
prior to the first time you report it.
3D Security
Your NBO Debit/ATM Card comes with a One-Time-Pin(OTP) online security feature. When you shop online, a valid security code for the transaction is sent to you, ensuring 100% security. With no registration
upfront or username/password to remember, you can go ahead and shop, hassle-free.
Travel Benefits
Your Youth Titanium Debit MasterCard gives you unlimited access to airport lounges to help you relax and unwind between long-haul flights.
  • Marhaba Lounges: Dubai International Airport (Terminal 1, 2 and 3) and Dubai World Central
  • Cairo Airport Business Class Lounges atTerminals 1 and 3
  • Pearl Lounge at the Kuwait International Airport
  • First Class Lounge at Riyadh Terminal 1
  • Jeddah (Foreign) and Dammam, KSA.
  • Queen Alia International Airport, Amman, Jordan
At National Bank of Oman, we believe that saving is a discipline that is best inculcated at an early age. Whether you’re Omani or an expatriate, a full-time student or just starting your first job, you can open a National Bank of Oman Mustaqbali Account.
  • An initial opening balance of OMR 10 is required.
  • Applicants must be between the ages of 18 and 25 years. 
  • Applicants must be able to show proof of employment of full-time enrolment in an educational institution.​
To complete the account opening process, please visit a National Bank of Oman branch near you, with your national ID Card/Passport and the rest will be taken care of by your Relationship Manager at the bank:

Required Documents
  1. National ID Card for Omanis / Valid passport and Residence ID for expatriates / College or University ID Card for full-time students.
Your Relationship Manager will help you complete the following forms:
  1. Account Opening Form.
  2. ‘Know Your Customer’ (KYC) Form, which is a standard international best practice requirement. It includes information about your financial planning goals.
  3. Specimen Signature (SS) card.​
Mustaqbali Savings Account is a non-interest bearing Savings Account
specially designed for National Bank of Oman’s young customers. The
product is offered to:
  • Full-time students
  • Employed youth
The following terms and conditions shall apply to the Mustaqbali Youth Savings Account in addition to the general terms and conditions applicable to accounts held with National Bank of Oman.
  • The Mustaqbali Savings Account is offered to all Omani and expatriate young individuals between the age of 18 and 25 years.
  • It is a non-interest bearing account.
  • Mustaqbali Savings Account can be opened with a minimum deposit of RO10.
  • The account can be maintained in Omani Rials, UAE Dirhams or US Dollars (normal exchange and handling charges will apply where an account holder requests the Bank to repay a deposit in a currency other than that in which the account has been maintained).
  • No minimum balance charges will apply.
  •  Customized Titanium Debit Card and free access to all e-Banking services is available.
  • Mustaqbali Savings Account holders will be eligible for the Al Kanz prize draws
  • (as per the National Bank of Oman’s Al Kanz deposit account criteria).
  • All eligible Mustabali Savings Account holders will be offered a National Bank of Oman Debit Card, with no annual charges for the first year.
  • The Bank reserves the right to offset any balances in any of the customers’ accounts against any liabilities of the customers’ to the Bank whether such liabilities are contingent, primary, collateral, joint or several.
  • The Bank shall be entitled to make such amendments to these conditions as it may deem appropriate by giving 30 days’ prior notice. Such amendments shall be binding on all account holders whether notice thereof is given individually or by way of general notices in the Bank’s branches or the Bank’s advertisements.
  • Mustaqbali Savings Account will be automatically rendered inactive once the account holder reaches the age of 25 years. The customer must visit the branch in order to convert the account to the regular Savings Account.

1. What is a Mustaqbali Youth Savings Account?

The Mustaqbali Savings Account is a non-interest bearing account specially designed for young customers between the ages of 18 and 25 years. It is offered to all eligible Omanis and expatriates, and aims to help the youth in achieving their higher education and career objectives with some unique and attractive discounts.

2. What benefits does the Mustaqbali Youth Account carry with it?

  • Free Nickname debit card 
  • Access to all e-Banking services at no additional cost.
  • No minimum balance charges.
  • Automatic entry into the Al Kanz Prize Draws (subject to fulfilling the Al Kanz eligibility criteria).
  • Attractive discounts and offers 
  • Three free withdrawals per month from other ATM machines
  • Unlimited access to airport lounges
  • 3D security 

3. Who can open a Mustaqbali Savings Account?

All Omani nationals and expatriates between the ages of 18 and 25 years

4. What documents are required to open Mustaqbali Youth Savings Account?

  • ​I​f you’re Omani =  National ID Card
  • If you’re an expatriate =  Residence ID Card and copy of valid passport
  • If you’re a full time student (Omani/ expat) = copy of college/ university ID card.
  • Is there any restriction on withdrawing the deposit from my Mustaqbali Account(s)?
  • No– you can deposit and withdraw your money from your Mustaqbali Savings Account at any time.

5. Can I open a Mustaqbali Youth Savings account in a currency other than Omani Rials?

Yes. You can open a Mustaqbali Savings Account in Omani Rials, UAE Dirhams and US Dollars.




Mastercard Titanium Debit

Mastercard Titanium Debit

Mastercard Titanium gives you an unparalleled exprience through 50% discount on movie ticktes at VOX with a free popcorn/soft drink upgrapde.

Al Kanz Account

Al Kanz Account

An Al Kanz Savings account ensures more winners across Oman. You can enter the draw by just saving OMR 100. In fact the more you save the more chances you get to win.