MUSCAT, 18 September 2016 – Bank Muscat, the flagship financial services provider in the Sultanate, celebrated the monthly prize draw of al Mazyona Savings Scheme in the wilayat of Musannah in which customers won high value prizes ranging from RO 10,000 to RO 50,000. H.E Abdullah bin Mohammed Al Balushi, Member of Majlis Ash'shura representing the wilayat of Musannah, picked the lucky winners at the event attended by the bank's Premier banking customers and Management Team members.
The monthly draw was a day of high rewards for Premier banking clients. The exclusive monthly prizes for asalah Priority banking customers included two prizes of RO 50,000 each and two prizes of RO 25,000 each for al Jawhar Privilege banking customers.
The monthly prize draw also rewarded 28 customers covering all the regions who won RO 10,000 each. As on date, with a total prize money of RO 10 million, al Mazyona, the Sultanate's flagship savings scheme guaranteeing more for everyone to share, offers the biggest prize money in Oman and the region, ranging from RO 1,000 a week to RO 10,000 a month, RO 100,000 every quarter and RO 500,000 at the end of year.
Abdulnasir Al Raisi, DGM – Premier Banking, said: “The series of big prizes from Bank Muscat is the major attraction of al Mazyona which offers fair and transparent winning chances for all segments of customers across the Sultanate. al Mazyona reaffirms the bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman. 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. Committed to enhancing banking services to the high saving premier segment, the bank's strategy focuses on differentiated and specialised banking experience distinguishing Premier banking clients from competitors."
Premier banking customers are eligible to participate in all al Mazyona weekly, monthly, quarterly and special prize draws. Besides monthly prizes, asalah Priority Banking customers are entitled to two exclusive quarterly prizes of RO 250,000 each and a jackpot RO 500,000 year-end prize while prizes reserved for al Jawhar Privilege Banking customers include two quarterly prizes of RO 50,000 each.
Reaching out with a powerful call for savings, al Mazyona offers exclusive prizes for different segments, including women, children, youth and high saving customers across all regions of Oman. 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.
An exclusive draw for Zeinah women customers coinciding with Omani Women's Day is a 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 five 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 month after month with no maximum cap on the salary amount. 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.