MUSCAT, 01 May 2016 – Bank Muscat, the flagship financial services provider in the Sultanate, celebrated the first quarterly prize draw of al Mazyona savings scheme this year in Sohar in which six customers covering all regions, including two from asalah Priority Banking and two from al Jawhar Privilege Banking, won high value prizes totaling RO 800,000. Dr. Ali bin Nasser Al Harrasi, Director General of Education in North Batinah Governorate, picked the winners at the ceremony attended by dignitaries, Premier banking customers and Management team members from the bank.
The quarterly prizes included RO 100,000 each for two customers across Oman, RO 250,000 each for two asalah Priority banking customers and RO 50,000 each for two al Jawhar Privilege banking customers.
Abdulnasir Al Raisi, DGM – Premier Banking, said: “Bank Muscat congratulates all the first quarter prize winners for the rewarding al Mazyona experience. The bank understands customer expectations as al Mazyona 2016 scheme offering RO 10 million in prize money is an incredible incentive for maintaining a healthy savings habit. al Mazyona ensures higher winning chance to all customers across the Sultanate."
Al Raisi added: “Bank Muscat is delighted to elevate Premier banking service to unparalleled heights. Committed to further enhancing banking services to the premier segment, the bank's strategy focuses on differentiated and specialised banking experience distinguishing Premier banking clients from competitors."
al Mazyona has lined up high value monthly, quarterly and year-end prizes for the Premier banking segment. The exclusive prizes for asalah Priority banking customers include two monthly prizes of RO 50,000 each, two quarterly prizes of RO 250,000 each and the year-end jackpot prize of RO 500,000 for one customer. The bank also offers special prizes to al Jawhar Privilege Banking customers, including two monthly prizes of RO 25,000 each and two quarterly prizes of RO 50,000 each. Premier banking customers can also participate in all other al Mazyona weekly, monthly, quarterly and special prize draws.
The Sultanate's flagship al Mazyona savings scheme has gained momentum with the series of 2016 prize draws guaranteeing bigger and better winning chances for customers across the Sultanate. With attractive weekly, monthly, quarterly, special and year-end prizes, the popular scheme offers high-value prizes throughout the year to maximum number of customers in all regions.
Reaching out with a powerful call for savings, al Mazyona offers exclusive prizes for different segments, including women, children, youth and high saving customers. As on date, al Mazyona savings scheme guaranteeing more for everyone to share is the biggest prize money in Oman and the region with prizes ranging from RO 1,000 a week to RO 10,000 a month and RO 100,000 every quarter, in addition to special and year-end prizes.
Adding excitement to festivals and national celebrations, the 2016 savings scheme also rewards customers with special prizes, besides aspirational prizes of RO 1 million to be shared by two customers at the end of year.
A special prize draw offering RO 10,000 each for winners from 14 regions will be held in celebration of Eid Al Fitr in July. An exclusive draw for Zeinah women customers coinciding with Omani Women's Day is another highlight in which 10 customers will be rewarded with RO 10,000 each. On the occasion of the National Day, a special draw will be held offering RO 10,000 each for 10 winners.
The eligibility for al Mazyona prize draws is to maintain a minimum balance of RO 100 which entitles customers to win RO 1,000 every week. By maintaining a minimum balance of RO 1,000, customers are eligible win the RO 10,000 monthly prize, RO 100,000 quarterly prize and the grand prize of RO 500,000 at the end of the year. For every RO 100 balance, customers get 1 chance to win – so with RO 1000, they get 10 chances to win. The more the saving, the better the chances to win.
al Mazyona continues to be the only savings scheme to recognise and reward loyalty for customers based on their association with the bank. For example, if a customer has been saving for 5 years, his chances of winning get multiplied by 5 times and similarly if he has been maintaining al Mazyona savings account for 20 years, his chances get multiplied 20 times and so on. This benefit is unique only to al Mazyona savings scheme holders and no other bank offers this loyalty reward.
The double-your-salary scheme is another attraction of 2016 al Mazyona savings scheme which entitles customers maintaining a salary account with the bank to win a free bonus salary every month. The salary prize scheme is open to all customers with a minimum monthly salary of RO 500. For instance, a customer whose salary is RO 500 can win an additional salary prize of RO 500 whereas a customer whose salary is RO 3000 can win back an equivalent bonus salary of RO 3000 and so on. In all, there will be 30 winners every month who will gain a bonus salary with al Mazyona savings account.