go back

31-year-old Khasab branch customer wins RO 300,000 al Mazyona prize

Bank muscat to host al Mazyona RO 300,000 prize draw tomorrow
MUSCAT, 1 October 2012 – It’s celebration time again for Oman’s flagship al Mazyona savings account holders as the third quarterly prize draw of RO 300,000 will be held tomorrow (Wednesday, 3 October 2012) at bank muscat headquarters. A high point in the calendar of big prizes from bank muscat, the quarterly prize draw significantly raises the appeal of al Mazyona, particularly for high savers.

al Mazyona marks the hallmark of rewards for prudent savings habit among citizens and residents in Oman. The RO 300,000 prize is given away every three months. For eligibility, customers are required to maintain RO 1,000 minimum balance for three months. For every RO 1000 balance maintained by them, they get 10 chances each to participate in the draws.

Thirty-one-year-old Ahmed bin Salem bin Nasser al Alawi, an employee of the Ministry of Health working at Sur Hospital, from Al Kamil branch won RO 300,000 al Mazyona prize for the first quarter. Amor bin Mohammed Salmin al Harthy from Samad Al Shan branch in Sharqiyah governorate, who retired as a security guard with the Ministry of Education, won the second quarterly prize of RO 300,000. Now the biggest question is “who will be the lucky winner this time?”

al Mazyona reaffirms the bank's vision and constant efforts to fulfill the aspirations and ambitions of the largest banking family in Oman. The popular savings scheme has won the hearts of people and succeeded in linking to issues benefitting society. The bank attaches great importance to inculcating prudent savings and spending habits and has tailored al Mazyona scheme with this objective in mind.

The series of big prizes from bank muscat is the major attraction of al Mazyona. After the 3 quarterly draws of RO 300,000, the climax of al Mazyona is the year-end grand prize of RO 1 million. For eligibility, customers are required to maintain RO 1,000 minimum balance for all months. This prize is earmarked for customers who consistently maintain a healthy savings of at least RO 1000 every month. Their chances keep on increasing month after month with a minimum of 10 chances every month.

An added attraction 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 for 5 years will multiply his winning chances by 5 times, while another customer who has been saving for 20 years will be able to multiply his winning chances by 20 times and so on. This benefit is unique only to al Mazyona savings scheme holders and no other bank offers this, as on date. This provides high savers with the best chance to win the year-end RO 1 million prize.

al Mazyona offers one of the biggest prize money in the savings scheme history in Oman. This year, bank muscat sprung a big surprise, taking the total prize money 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, salaried employees and high savings balance customers in all regions. As on date, the scheme offers the biggest prize money in Oman and the region.

al Mazyona 2012 scheme reflects innovative customer segmentation based on two principles - region and demographics – ensuring a higher winning chance to all customers across the Sultanate, including ladies, children and salaried employees. 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 or wait for a long time to win the big prize.

The weekly prizes include RO 3000 each for 10 guaranteed winners from the governorates, including one lady customer holding Zeinah savings account. Customers are required to maintain RO 100 minimum balance for the weekly prize. Keeping in mind the large percentage of customers from Muscat and Batinah, three weekly prizes are given away to customers from Muscat, two prizes to customers from Batinah and one prize each to Dhakliya+Wusta, Dhahirah+Musandam, Dhofar and Sharqiya governorates.

The monthly prize is an exciting RO 30,000 each for nine winners covering the governorates. For eligibility, customers are required to maintain RO 1,000 minimum balance for one month. Three prizes are given away to customers from Muscat, two prizes to customers from Batinah and one prize each to Dhakliya+Wusta, Dhahirah+Musandam, Dhofar and Sharqiya governorates.

In order to maintain the tradition of providing complete transparency of the scheme,  al Mazyona prize draws are conducted at public places and certified by external auditors - Ernst & Young - a member of the Big 5 consulting firms. bank muscat pioneered this proactive step and is proud to continue this tradition in Oman which communicates good governance and transparency.

Over the years, al Mazyona has succeeded in inculcating a strong savings culture in Oman. The flexible scheme makes regular saving easier and is available across the largest network of 135 branches in Oman.