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Bank Muscat celebrates al Mazyona children’s prize draw at Salalah Festival

​MUSCAT, 21 July 2018

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in encouraging a strong savings culture in Oman, hosted al Mazyona children’s monthly prize draw as part of the ongoing Salalah Festival under the auspices of Mohammed Bin Aufit Al Mashani, General Manager - Corporate Affairs, Salalah Port. The ceremony was attended by dignitaries, senior bank officials and a large turn-out of al Mazyona customers.

Exclusive monthly draws have been lined up for al Mazyona children’s account holders, rewarding 30 winners every month with RO 100 each, in addition to 10 children whose birthday fall in the same month are presented birthday prize of RO 100 each with a minimum saving balance of RO 50. al Mazyona children’s account holders are eligible to participate in all al Mazyona prize draws with two chances by maintaining a minimum balance of RO 100.

The 2018 al Mazyona savings scheme guarantees more prizes for more winners in all regions. 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.
For the third year in running, Oman’s flagship savings scheme is offering RO 10 million in total prize money. As on date, al Mazyona is the biggest prize money in Oman and the region.

Rewarding high savings balance customers, al Mazyona savings scheme has earmarked exclusive prizes, including a mega RO 500,000 year-end prize for asalah customers. The monthly prizes for asalah Priority Banking include RO 20,000 each for 10 winners and RO 50,000 each for two winners. asalah Priority Banking customers maintaining a minimum balance of RO 30,000 are eligible to participate in all al Mazyona prize draws.

The end of year mega prizes awaiting al Jawhar customers include RO 100,000 each for two customers. The monthly prizes reserved for al Jawhar customers include RO 10,000 each for 10 winners and RO 20,000 each for two winners. 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.

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.

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.

An exclusive draw for Zeinah women customers coinciding with the Omani Women’s Day in October is a 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.

Targeted at Zeinah women customers maintaining a minimum balance of RO 100, al Mazyona offers 10 monthly prizes of RO 1,000 each.
Youth customers holding Shababi account with just RO 10 get a chance to win RO 100 every month. In all, 40 winners are rewarded 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.