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The excitement of Oman’s popular al Mazyona Savings Scheme took wings as Muscat International Airport hosted the monthly prize draws of RO 20,000, Double-Your-Salary and Children’s Account besides the weekly prize draws of RO 2,000. Abdulrazaq Juma Al Raisi, Chief Commercial Officer of Oman Air, picked the lucky winners at the draw held at Oman Air Executive Lounge, attended by BankMuscat, Oman Air and airport officials. The draw event highlighted al Mazyona rewards and benefits, especially the upcoming RO 400,000 jackpot prize.  

al Mazyona, reckoned the savings scheme of the nation, offers one of the biggest prize money in the savings scheme history in Oman. The flexible scheme makes regular saving easier and is available at the largest network of 130 branches across Oman.

Zuwaina Al Harthy, Assistant Manager, Liability Products, said: “For 20 years, al Mazyona has made dreams of innumerable customers come true and the prize money is an incredible incentive aimed at offering a life-changing experience. The objective of al Mazyona is to create a lifetime change for winners and allow them to invest their prize money in things that will make a lasting difference and the well-being of their families.”

Celebrating 20 years of fulfilling dreams, al Mazyona was launched this year with a never-before offer guaranteeing bigger and better winning chances for customers across the Sultanate. The scheme offers attractive weekly, monthly, quarterly and bi-annual grand prizes on the generous theme of 20 and its multiples thereof.

A notable attraction this year is that the winning chances get multiplied by the number of years customers are associated with al Mazyona savings scheme. For example, a customer who has been saving with al Mazyona for one year will get one additional bonus chance while a customer who has been saving for 5 years will multiply their chances by 5 bonus times. Those who have been saving for 20 years will be able to multiply their chance to win the prizes by 20 times. The new scheme guarantees a life-changing experience and a never-before opportunity to reap immense benefits. This is the first savings scheme in the Sultanate to reward loyalty for customers depending on the duration of relationship.

In order to maintain the tradition of providing complete transparency of the scheme and good governance, the prize draws and general purpose controls surrounding the draw are fully tested and certified by Ernst & Young, who were present at the draw event.

Winning with al Mazyona has never been simpler as customers are not required to block their money for long and no average balance is also required, which makes the savings scheme sensible. The weekly prizes include RO 2000 each for two guaranteed winners from all the Sultanate’s regions. Customers are required to maintain RO 100 minimum balance for the 12 weekly prizes of RO 2000 each.

The monthly prize is an exciting RO 20,000 each for two winners. For eligibility, customers are required to maintain RO 1,000 minimum balance for one month. Thus, for RO 1000 balance, customers get 10 chances as each RO 100 balance provides 1 chance. The more the balance, more are the winning chances.

The climax of al Mazyona is the grand prize of RO 400,000 every six months. The next winner will be picked after December-end. For eligibility, customers are required to maintain RO 1,000 minimum balance for three months.

The ‘Double-Your-Salary’ scheme entitles customers maintaining a salary account with the Bank to win a free bonus salary. There are no pre-conditions attached to the scheme, except that the salary must be transferred to any BankMuscat branch in Oman. All customers who transfer their salary to BankMuscat get a chance to double their salary through the bonus salary prize. In all, 20 winners receive a bonus salary every month with al Mazyona savings account.

The prize scheme is open to all customers with a minimum monthly salary of RO 250. While there is no maximum salary amount which can be transferred to the Bank, the maximum bonus salary a customer can win is limited to RO 2000.

 
© BankMuscat 2009