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Bank Muscat celebrates high value al Mazyona monthly prizes

MUSCAT, 11 March 2017 – 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, celebrated the monthly prize draw of al Mazyona savings scheme. Thirty-six customers won attractive high value prizes ranging from RO 10,000 to RO 30,000 in the monthly prize draw held at Al Khuwair branch as part of RO 10 million prize money earmarked for the year.

The bank has lined up 28 monthly prizes to cover all regions as al Mazyona customers maintaining a minimum balance of RO 1000 have a very good chance to win RO 10,000 each. The high savings balance asalah Priority Banking has exclusive monthly prizes of RO 30,000 each for four customers while Al Jawhar Privilege Banking offers exclusive monthly prizes of RO 20,000 each for four customers.

For the second year in running, Oman's flagship savings scheme has retained the prize money at RO 10 million. As on date, al Mazyona savings scheme guaranteeing more for everyone to share is the biggest prize money in Oman and the region.

Reaching out with a powerful call for savings, the highlights of 2017 al Mazyona savings scheme include high value prizes for different segments, including women, children, youth and high saving customers, ranging from RO 1,000 weekly prizes to RO 10,000 monthly prizes, RO 25,000 quarterly prizes and RO 100,000 annual prizes.

For over 25 years, al Mazyona has rewarded numerous customers and enriched their lives. Big prize money is not the only attraction of al Mazyona, which is designed to transform the lives of prudent savers. The scheme is targeted to inculcate a strong savings habit among citizens responsible for the future development of Oman.

High savings customers of asalah Priority Banking have chances to win RO 30,000 monthly prizes, RO 100,000 quarterly prizes, and RO 250,000 year-end prizes.

Prizes reserved for al Jawhar Privilege Banking customers include RO 20,000 monthly prizes and RO 50,000 quarterly prizes.

Notably, al Mazyona has launched an exciting salary transfer scheme to reward winners with a fixed salary prize of RO 500 every month for a year. This is the first time a prize scheme offering a fixed salary prize every month is being introduced in Oman. All that customers need to do is transfer their salary of RO 500 and above to the bank. In all, 15 customers will be rewarded every month in the salary transfer scheme.

Adding excitement to festivals and national celebrations, the 2017 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 3,000 each for 42 winners from 14 regions will be held in celebration of Eid Al Fitr in June. An exclusive draw for Zeinah women customers coinciding with the Omani Women's Day in October is another highlight in which 10 customers will be rewarded with RO 10,000 each. On the occasion of the Sultanate's 47th National Day, a special draw will be held offering RO 2,000 each for 47 winners.

At a time when financial rewards and incentives are a premium, Bank Muscat is proud to sustain the unique al Mazyona experience. The bank understands customer expectations and al Mazyona 2017 scheme continues to reflect innovative customer segmentation based on two principles - region and demographics – ensuring a higher winning chances to customers across the Sultanate, including ladies, youth, children and high savings balance 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.

Bank Muscat understands customer expectations as al Mazyona 2017 scheme offering RO 10 million prize money is an incredible incentive for maintaining a healthy savings habit. al Mazyona ensures higher winning chances to all customers across the Sultanate.