NBO Promises Omr3.251 Million in Cash Prizes for 2021 Al Kanz Savings Scheme

National Bank of Oman (NBO) has launched its 2021 Al Kanz Savings Scheme, pledging OMR 3.251 million in prize money over the course of the year. Under the theme ‘Saving for a better tomorrow’, the yearly scheme aims to help the bank’s customers save for the future with a variety of monthly, quarterly and half yearly draws, offering big rewards. The announcement was made during a special event with guest of honour His Excellency Dr Said bin Hamad Al Rubei’, Vice-Chancellor of the University of Technology and Applied Sciences, in attendance. The bank also conducted the final 2020 Mega Draw, which gave two lucky account-holders OMR 250,000 each, as well as OMR 65,000 as part of its monthly draws. As it embarks on Al Kanz Savings Scheme’s 26th year, NBO continues to reward its customers, while supporting them to lead financially secure lives.

Wessam Al Asfoor, Head of Premier Banking at NBO, said, “We are looking forward to this year’s Al Kanz Savings Scheme, which continues to be a way to engage with our customers and instill in them a culture of saving. Last year, taught us how important financial security is. With the draw, along with our Al Kanz Savings account, which offers unique savings opportunities and the utmost in customer convenience, we aim to help people prepare themselves for the uncertainty of the future.”

The scheme’s biggest payout will be OMR 3.251 million in prize money. The half-yearly Mega Draw, which will give a total of OMR 1 million to four winners in June and December. The quarterly regional draw will also give 24 customers OMR 25,000 each, totalling OMR 600,000 by the end of the year. Exclusive draws will also be conducted for Sadara account-holders, giving away OMR 25,000 each to 30 winners over ten months; Mazaya Exclusive, with OMR 10,000 each going to four winners every month; as well as a Youth draw, giving away OMR 100 to 115 winners four times during the year. On top of that, 50 winners will be given OMR 500 every single month in the Salary Transfer draws. Last year the bank also introduced several brand-new segments, including a National Day draw, giving OMR 1,000 to 51 winners in October, and a quarterly Women’s draw, which will give out OMR 1,000 to 24 winners over the course of the year.

Customers are eligible to win in the Al Kanz Savings Scheme by maintaining an average minimum balance of OMR 100 in their Al Kanz Savings account. Every OMR 100 provides an extra chance in the draw, so the more money kept in the account, the more the chance of winning. Meanwhile, customers simply have to transfer their salary to NBO to be in for the chance of winning in the Salary Transfer draw. Delighting customers across the country since 1995, Al Kanz is just one-way NBO goes the extra mile to support and guide its customers throughout their financial growth and help them form the habit of becoming regular savers.