BankMuscat fetes RO 300,000 Al Mazyona prize winner

BankMuscat marked a moment of big celebration for Ahmed bin Salem bin Nasser al Alawi from Al Kamil branch who won RO 300,000 Al Mazyona Savings Scheme prize for the first quarter. Yousuf al Rawahi, Regional Manager — Sharqiyah Governorate, presented the prize cheque to Al Alawi, an employee of the Ministry of Health working at Sur Hospital. Al Alawi commented on the life-changing experience: “I am delighted to win this big prize from BankMuscat. This is an exciting scheme reflecting the dreams and ambitions of people. I always dreamt of winning a prize and it has totally changed not only my life but also the future of my family.” Thirty-one-year-old Al Alawi has been a consistent small saver all these years. He benefited from the 'loyalty bonus' and his chances got multiplied, thereby giving him a big chance to win the RO 300,000 prize. Yousuf al Rawahi, said: “We congratulate Al Alawi for winning the Al Mazyona quarterly prize. He represents the responsible younger generation aware of the need to maintain prudent savings habits. Customers banking with BankMuscat in all parts of the country are rewarded with attractive prizes and personalised services.” Reckoned the savings scheme of the nation, Al Mazyona offers one of the biggest prize money in the savings scheme history in Oman. This year, BankMuscat sprung a big surprise, taking the total prize money of Al Mazyona Savings Scheme to a whopping RO 6 million with unparalleled winning chances for all segments across the Sultanate. Notably, the 2012 Al Mazyona stands out as 'My scheme' for all individual segments as attractive prizes are earmarked for ladies, children, salaried employees and high savings balance customers in all regions. As on date, the scheme offers the biggest prize money in Oman and the region. Al Mazyona 2012 scheme reflects innovative customer segmentation based on two principles — region and demographics — ensuring a higher winning chance to all customers across the Sultanate, including ladies, children and salaried employees. The 2012 Al Mazyona scheme offers exciting weekly, monthly, quarterly and grand prizes. Winning with Al Mazyona has never been simpler as customers are not required to block their money for long or wait for a long time to win that big prize. The weekly prizes include RO 3,000 each for 10 guaranteed winners from the governorates, including one lady customer holding Zeinah savings account. Customers are required to maintain RO 100 minimum balance for the weekly prize. The monthly prize is an exciting RO 30,000 each for nine winners covering the governorates. For eligibility, customers are required to maintain RO 1,000 minimum balance for one month. The quarterly prize significantly raises the appeal of Al Mazyona, particularly for high savers. The big prize is RO 300,000 every three months. For eligibility, customers are required to maintain RO 1,000 minimum balance for three months. For every RO 1,000 balance maintained by them, they get 10 chances each. The climax of Al Mazyona is the year-end grand prize of RO 1 million. For the grand prize eligibility, customers are required to maintain RO 1,000 minimum balance for all months. This prize is earmarked for customers who consistently maintain a healthy savings of at least RO 1,000 every month. Their chances keep on increasing month after month with a minimum of 10 chances every month. A continuing attraction is that the winning chances get multiplied by the number of years customers are associated with Al Mazyona savings scheme. For example, a customer who has been saving for 5 years will multiply his winning chances by 5 times, while another customer who has been saving for 20 years will be able to multiply his winning chances by 20 times and so on. This benefit is unique only to Al Mazyona savings scheme holders and no other bank offers this, as on date. In order to maintain the tradition of providing complete transparency of the scheme, BankMuscat conducts Al Mazyona prize draws at public places, tested and certified by external auditors — Ernst & Young — a member of the Big 5 consulting firms. BankMuscat pioneered this proactive step and is proud to continue this tradition in Oman, communicating good governance and transparency. Over the years, Al Mazyona has succeeded in inculcating a savings culture in Oman. The flexible scheme makes regular savings easier and is available across the largest network of 131 branches in Oman.