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Bank Muscat al Mazyona double-your-salary scheme evokes strong response

MUSCAT, 5 March 2016 – The double-your-salary scheme from Bank Muscat, the flagship financial services provider in the Sultanate, as part of the 2016 al Mazyona savings scheme, has evoked strong response. The attractive scheme entitles customers maintaining a salary account with the bank to win a free bonus salary every month.

Continuing with the tradition of exclusive and innovative financial products and services, Bank Muscat offers high value proposition aimed at inculcating a strong savings culture in Oman. With the biggest prize money of RO 10 million in 2016, al Mazyona offers more for everyone to share.

There are no pre-conditions attached to the double-your-salary scheme, except that the salary must be transferred to any Bank Muscat branch in Oman. All customers who transfer their salary to Bank Muscat get a chance to double their salary through the bonus salary prize. While customers may earn their salary only once a month, with Bank Muscat they have a chance to win an additional bonus salary every month.

The 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 another 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.

Reaching out with a powerful call for savings, Oman's flagship al Mazyona savings scheme increased the prize money to RO 10 million in 2016 compared to RO 9 million in 2015. As on date, al Mazyona savings scheme guaranteeing more for everyone to share is the biggest prize money in Oman and the region.

The highlights of 2016 al Mazyona savings scheme include aspirational prizes of RO 1 million at the end of year and high value prizes for different segments, including women, children, youth and high saving customers. Adding excitement to festivals and national celebrations, the 2016 savings 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.

The enhanced prize money will be shared by more winners as customers from all regions are guaranteed to win prizes 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 which is open to all customers.

asalah Priority Banking customers have chances to win RO 50,000 monthly prizes, RO 250,000 quarterly prizes, and a jackpot RO 500,000 year-end prize.

Prizes reserved for al Jawhar Privilege Banking customers include RO 25,000 monthly prizes and RO 50,000 quarterly prizes.

A special prize draw offering RO 10,000 each for winners from 14 regions will be held in celebration of Eid Al Adha in July. An exclusive draw for Zeinah women customers coinciding with Omani Women's Day is another 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.