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Bank Muscat to reward more winners in al Mazyona monthly prize draw

​MUSCAT, 4 February 2018

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its 'Let's Do More' vision and commitment to partnership in encouraging a savings culture in Oman, is all set to host the first al Mazyona monthly prize draw of 2018 in the wilayat of Ibri under the auspices of H.E Dr. Khalaf Bin Salim Al Ishaqi, Wali of Ibri.

For the third year in running, Oman's flagship savings scheme has retained the prize money at RO 10 million. As on date, al Mazyona is the biggest prize money in Oman and the region.

The 2018 al Mazyona savings scheme guarantees more prizes for more winners in all regions. The monthly prizes totaling RO 720,000 will be shared by 192 winners, ranging from RO 1,000 to RO 50,000. Reaching out with a powerful call for savings, the highlights of 2018 al Mazyona savings scheme include high value prizes for different segments, including women, children, youth and high saving customers.

The monthly prizes targeted at al Mazyona customers across the region include RO 1,000 each for 140 winners and RO 5000 each for 28 winners.

The monthly prizes earmarked for high savings customers of asalah Priority Banking include RO 20,000 each for 10 winners and RO 50,000 each for two winners. The monthly prizes reserved for al Jawhar Privilege Banking customers include RO 10,000 each for 10 winners and RO 20,000 each for two winners.

 

Notably, al Mazyona has retained an exciting salary transfer scheme to reward winners with a fixed salary prize of RO 500 every month for a year. All that customers need to do is transfer their salary of RO 500 and above to the bank. In all, 10 customers are rewarded every month in the salary transfer scheme.

Adding excitement to festivals and national celebrations, the 2018 scheme rewards customers with special prizes. al Mazyona continues to be the only savings scheme to recognise and reward loyalty for customers based on their association with the bank.

 

A special prize draw offering RO 2,000 each for 50 winners from 14 regions will be held in celebration of Eid Al Fitr. An exclusive draw for Zeinah women customers coinciding with the Omani Women's Day in October is another highlight in which 20 customers will be rewarded with RO 5,000 each. On the occasion of the Sultanate's 48th National Day, a special draw will be held offering RO 3,000 each for 48 winners.

 

asalah Priority Banking customers maintaining a minimum balance of RO 30,000 are eligible to participate in all al Mazyona prize draws, in addition to exclusive draws earmarked for them, including year-end prize of RO 500,000 for one winner.

 

al Jawhar Privilege Banking customers maintaining a minimum balance of RO 10,000 in their savings accounts are eligible to participate in all al Mazyona prize draws, in addition to exclusive draws, including end of year prizes of RO 100,000 each for two customers. 

 

Targeted at Zeinah women customers maintaining a minimum balance of RO 100, al Mazyona offers 10 monthly prizes of RO 1,000 each, in addition to an exclusive Zeinah draw coinciding with the Omani Women's Day offering RO 5,000 each to 20 customers.

 

By maintaining a monthly balance of RO 50, al Mazyona Children's account holders get a chance to win 40 monthly prizes of RO 100 each. al Mazyona children's account holders are also eligible for other al Mazyona prizes where they will get 2 chances by maintaining a minimum balance of RO 100.

 

Youth customers opening a Shababi account with just RO 10 get a chance to win RO 100 every month. In all, there will be 40 winners every month in the youth category. Shababi account holders are also eligible for other al Mazyona prizes by maintaining a minimum balance of RO 100.

 

al Mazyona has succeeded in inculcating a strong savings culture in Oman. The objective is to create a lifetime change for winners and allow them to invest the prize money in things that will make a lasting difference and well-being of their families. The underlying principle of the scheme is that the greater the deposit balance and longer the relationship, the higher the chance of rewards. Customers can win more by saving more with Bank Muscat. The flexible scheme makes regular saving easier and is available across the largest network of branches in Oman.