go back

Bank Muscat presents al Mazyona Shababi monthly prizes

MUSCAT, 29 March 2017 – Bank Muscat, the flagship financial services provider in the Sultanate, celebrated al Mazyona Shababi monthly prize draw at Arab Open University in Muscat.

Youth customers opening a Shababi account with just RO 10 get a chance to win RO 100 every month. In all, al Mazyona rewards 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.

Aimed at supporting the lifestyle of youth and encouraging a savings habit, Bank Muscat has redefined youth banking with the Shababi package targeted at the country’s students in the age group of 18 to 25 years pursuing college or university education. Shababi package is available for both Omani and expatriate youth studying in local or international colleges in Oman. 

Bank Muscat offers unique products and services targeted at the youth segment. A notable product is Themaar higher education savings plan. The affordable and systematic monthly savings plan opens up a great opportunity for college or higher education requirements of youth.

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 the second year in running, Oman’s flagship savings scheme has retained the prize money at RO 10 million. The 2017 al Mazyona savings scheme guaranteeing more for everyone to share is the biggest prize money in Oman and the region.

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 savings prize scheme in Oman is offering a fixed salary prize every month for a year. For eligibility, all that customers need to do is transfer their salary of RO 500 and above to the bank. In all, 15 customers are rewarded every month in the salary transfer scheme