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4 Additional benefits
4 Terms & conditions
4 Personal Accident Insurance Cover

The winning streak continues
For a decade and a half, al Mazyona has brightened lives all across the country. Spreading joy and translating countless dreams into reality. Now, with a new scheme, al Mazyona gets even better.

Save and win!
RO 20,000 every week

Just maintain a weekly minimum balance of RO 100 in your Savings Account and get a chance to win every week.

Prizes for every region

3 winners each, from Batinah, Dakhiliya + Al Wusta, Dhahira + Musandam, Dhofar, Muscat and Sharqiya, win RO 1,000 each.

Special prizes for ladies
2 lady customers win RO 1,000 each.

Save more. Win more!
RO 20,000 every month

A new prize every month! Maintain a monthly minimum balance of RO 3,000 and you could win RO 20,000 each month. Of course, this is in addition to the weekly prizes for which you are already eligible.

Save longer. Win bigger!
RO 100,000 every two months

An exclusive loyalty prize for customers who have already been maintaining a minimum monthly balance of RO 3,000 for the last 6 months*. You are also eligible to participate and win the weekly and monthly prizes.

al Mazyona – Details

Save RO 100 for 1 week & win

Save RO 3000

for 1 month & win

for 6 months* & win

RO 20,000
EVERY WEEK

18 winners across 6 regions win RO 1,000 each

2 ladies win RO 1,000 each
 

RO 20,000
EVERY MONTH

RO 100,000
EVERY TWO MONTHS

In addition
Get Free Personal Accident Insurance**
up to RO 10,000


ADDITIONAL BENEFITS
Free Personal Accident Insurance Cover** up to RO 10,000 for all customers maintaining a monthly minimum balance of RO 3,000. This is our way of providing protection through savings.

Increase your existing balance or open an account today. Call 24 795555 for more details.

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Terms & conditions governing the BankMuscat Al Mazyona Prize Scheme

Eligibility:

1.

Savings Account holders of BankMuscat are automatically included in all the weekly draws, provided they have a minimum balance of RO 100 in their Savings Account during the week of the draw. Every additional RO 100 deposited in the Savings Account gives the account holder an extra chance to win.

2.

Savings Account holders of BankMuscat are automatically included in all the monthly draws, provided they have a monthly minimum balance of RO 3000 in their Savings Account. Every additional RO 1,000 in their Savings Account gives the account holder an extra chance to win.

3.

 Savings Account holders of BankMuscat are automatically included in all the RO 100,000 draws every 2 months, provided they have a monthly minimum balance of RO 3000 for the last 6 months in their Savings Account. The greater the balances in the account, the better are the chances of winning.

4.

The Personal Accident Insurance Cover is automatically provided to all al Mazyona savings account holders as long as the minimum monthly balance of RO 3,000 is maintained. If the balance in any month falls below RO 3,000, there is no cover for that particular month.

5.

Only those individual Savings Accounts where the single account holder is female are eligible to participate in the ladies’ prize draw. Joint account holders where one or both the account holders are female are excluded from participating in the ladies’ draw.

6.

The above eligibility conditions are applicable for all customers maintaining an al Mazyona Savings Account, Savings Certificate or Corporate Salary Savings Account.

7.

The Bank also offers an interest-bearing Savings Account option to all customers. However, customers choosing this option are not eligible to participate in any of the prize draws.

 

Conditions:

1.

The winner’s name and details will be advertised in leading newspapers and on the Bank’s website.

2.

The winner will forfeit the monetary prize if not claimed within six months of announcement.

3.

The Bank is not responsible for any loss in transit of application forms, payment instructions or any other documents.

4.

Civil courts of the Sultanate of Oman shall have exclusive jurisdiction to resolve any dispute arising out of the above transactions.

5.

The staff of BankMuscat, Management and Directors and their family, i.e. spouse and children are not eligible to participate in the BankMuscat al Mazyona Prize Scheme.

6.

The Bank reserves the right to introduce any changes at any time.

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Personal Accident Insurance Cover
If the Insured Person, during the Period of Insurance, sustains an accident which results in death, then AXA Insurance (Gulf) B.S.C. (c) (AXA) will pay to the Insured Person’s legal representative the amount of RO 10,000 (Riyals Omani Ten Thousand only).

Definitions

’Accident’ or ‘Accidental’ means an unexpected event caused by violent, sudden, external and visible means.

  • ‘Insured Person’ is the eligible al Mazyona account holder for whom this benefit of insurance applies. Cover applies to eligible ‘al Mazyona’ savings account holders who fulfill the below-mentioned criteria.

  • Minimum balance in the account on any day of the month should not be less than RO 3,000. If the balance in any month is below RO 3,000 then there is no cover for that particular month.

  • Age of the customer should not be more than 70 years.

  • Death benefit is RO 10,000. However, for persons below 18 years, the death benefit is reduced to RO 2,500.

  • In the case of joint account holders the benefit amount will be apportioned accordingly (e.g. RO 5,000 each in case of 2 persons). In the case of joint account of a person below 18 years & a guardian/parent, apportionment will be RO 2,500 & RO 5,000 respectively.

  • In no case shall any person / account holder get more than one death benefit (RO 10,000 or RO 2,500 for a person below 18 years) irrespective of the number of accounts held by him/her, whether singly or jointly.

Disclaimer

  • This insurance has been arranged by BankMuscat for its eligible al Mazyona customers with AXA Insurance (Gulf) BSC (c).

  • Policy terms, exclusions & conditions are available with BankMuscat & can be made available upon request.

  • The personal accident insurance cover is an insurance contract between the insurance company (AXA Insurance) and the insured person. The Bank does not undertake any liability or responsibility whatsoever for claims and services under this policy. All claims and claims related issues are to be communicated directly with the insurance company.

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