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Countdown for RO 300,000 al Mazyona quarterly prize begins

MUSCAT, 14 March 2012 - Popular al Mazyona Savings Scheme from BankMuscat continues to reward customers, inculcating a strong savings culture in Oman.

Countdown for al Mazyona quarterly prize of RO 300,000 has begun with the draw to be held in April. The quarterly prize significantly raises the appeal of al Mazyona as the Bank gives away the big prize of RO 300,000 every three months. For eligibility, customers are required to maintain RO 1,000 minimum balance for three months.

BankMuscat is proud to take the popular savings scheme deeper to the hearts of people and link it to issues benefitting society, encouraging prudent savings and spending habits. Early this year, the Bank sprung a big surprise, taking the total prize money of al Mazyona Savings Scheme to a whopping RO 6 million with unparalleled winning chances for all segments across the Sultanate.

Notably, the 2012 al Mazyona stands out as 'My scheme' for all individual segments as attractive prizes are earmarked for ladies, children, youth  and high net worth customers in all regions. The scheme offers the biggest prize money in Oman and the region.

Said Al Badai, DGM – Branches, said: “BankMuscat understands customer expectations and al Mazyona 2012 scheme reflects innovative customer segmentation based on two principles - region and demographics – ensuring winning chances to all customers across the Sultanate, including ladies, children and youth. The 2012 al Mazyona scheme offers exciting weekly, monthly, quarterly and grand prizes. Winning with al Mazyona has never been simpler as customers are not required to block their money for long.”

The weekly prizes include RO 3000 each for 10 guaranteed winners from all the Sultanate’s regions, including one lady customer holding Zeinah savings account. Customers are required to maintain RO 100 minimum balance a month for the weekly prize. Keeping in mind the large percentage of customers from Muscat and Batinah regions, three weekly prizes will be given away to customers from Muscat region and two prizes to customers from Batinah region.

The monthly prize is an exciting RO 30,000 each for nine winners covering all regions. For eligibility, customers are required to maintain RO 1,000 minimum balance for one month. Three monthly prizes are earmarked for customers from Muscat region and two prizes for customers from Batinah region.

The climax of al Mazyona is the year-end grand prize of RO 1 million. For the grand prize eligibility, customers are required to maintain RO 1,000 minimum balance for all months.

The 30th anniversary of BankMuscat marks a milestone. In celebration of the occasion, the all-new al Mazyona reaches out to citizens, offering an exciting line-up of prizes for different segments of savers at an unbeatable frequency. The underlying theme is the generous use of 30 and its multiples thereof, establishing al Mazyona’s status as the savings scheme for the nation.

Over the years, al Mazyona has made dreams of innumerable customers come true. A continuing 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 chance while a customer who has been saving for 5 years will get additional 5 chances. Those who have been saving for 20 years will get additional 20 chances. The scheme guarantees a life-changing experience and a never-before opportunity to reap immense benefits.

Commenting on the attractive prize money, Mahfoudh bin Said al Saadi, said: “al Mazyona customers have plenty of reasons to smile throughout the year, thanks to the new scheme that multiplies the winning chances for all. al Mazyona offers one of the biggest prize money in the savings scheme history in Oman and the region. The prize money is an incredible incentive for al Mazyona customers.”

Yousuf al Fazari, another al Mazyona customer, said: “If I win the RO 300,000 prize, I would set up an educational institution in the interior region. Honestly, this is a huge amount.”

Big prize money is not the only way by which al Mazyona seeks to transform the lives of prudent savers. The scheme is targeted to accommodate all segments, including ladies, children and youth, thereby inculcating the savings habit among citizens who will be responsible for the future development of Oman. The underlying principle of the scheme is that customers can win more by saving more with BankMuscat. The flexible scheme makes regular saving easier and is available at the largest network of 131 branches across Oman.