Muscat, March 17 : The all-new al Mazyona savings scheme from BankMuscat, the leading financial institution in the Sultanate, has created a sensation, widening its scope and reach to offer high-value daily cash prizes throughout the year. With a master stroke, al Mazyona, which rules the savings scheme scenario since the past 18 years, has taken an unbeatable lead with the trend-setting scheme unleashing a never ending bonanza on all days of the year.
“Built on trust and transparency, the all-new al Mazyona stands out with its daily promise of fulfilling dreams every day of the year. This is the first time a savings scheme of this magnitude and reach is being introduced in Oman,” Sulaiman al Harthy, Group DGM – Consumer Banking, said. “The excitement of al Mazyona will build up day after day, all through the year, offering innumerable winning chances to all. The scheme has been tailored to match the financial capabilities of different segments of society,” Al Harthy noted.
al Mazyona will operate on the basic principle of rewarding customers daily up to 10 times their balance in their savings amount. The scheme, applicable on all official Bank working days, will function at two levels with one daily whopping cash prize of RO 10,000 on a savings balance of RO 1,000 and one daily cash prize of RO 1,000 on a savings balance of RO 100. Thus, in a 5 working day week, there will be 5 winners of RO 10,000 and 5 winners of RO 1000.
Conveying the strong message of moving forward, al Mazyona retains its simplicity and consistency with a fixed prize structure for the full year. Breaking away from competition in terms of prizes, al Mazyona has adopted the new payout method offering increased winning chances to all customers - no matter whether they are big or small savers.
The new al Mazyona savings scheme is the result of a detailed survey on customer needs and preferences which clearly indicated that customers prefer cash prizes for a larger number of winners than prizes granted in kind or jackpot prizes for a select few. In deference to customer preferences, al Mazyona has been designed to award daily prizes, thus providing continuous and improved chances to win cash prizes. The new al Mazyona scheme offers improved chances to win cash prizes. al Mazyona’s promise to customers is to ‘Save more, win more and more often’. To win the RO 10,000 prize, customers get 1 chance for every additional RO 1000 in their account and likewise to win the RO 1000 prize, customers get 1 chance for every additional RO 100 in their account.
BankMuscat has succeeded in attracting customers with a savings scheme like al Mazyona for the past 18 years purely based on its ability to fulfill customer aspirations. During the past 18 years, the bonanza lined up by BankMuscat included a bouquet of attractive cash prizes. In all, prizes worth over RO 18 million were shared by thousands of lucky winners. “In its 19th year, al Mazyona has made a grand re-entry, taking the scheme to new highs of winning chances and rewards. No other savings scheme in Oman has sustained its excitement for such a long period, thereby proving its appeal over the years,” Al Harthy said.
Coming out with unparalleled offers, al Mazyona reflects the Bank’s commitment to reach out to the nation with innovative products and services. The underlying message of the all-new al Mazyona is that “saving has never been so rewarding.” For 18 years, al Mazyona has been spreading smiles all around. Now with a bigger and better al Mazyona, the smiles are set to spread further. Every day.