Manama: BMI Bank’s fourth Ayadi 2014 monthly draw saw Jaspal Singh, an Indian expatriate, winning the top prize of US$ 5,000. In addition, five lucky students – Ali Ahmed Alshehabi, Abrar Ahmed Alsherooqi, Osama Ghazi Matooq, Ali Osama Alalawi and Hasan Saad Lahdan were awarded with this month’s ‘Ayadi for Students’ cash prizes of US$ 500 each.
“Ayadi is a great savings opportunity for customers like me who are looking to manage their finances in a way that would enable them to maintain their financial independence and ensure a comfortable retirement. I am extremely happy that my savings in Ayadi have paid off and I am looking forward to continue my investments in the Savings Scheme,” Jaspal Singh, an employee of the Arabian International Mechanical Construction, said.
“This couldn’t have come at a better time. I was planning to go on Umrah this year with my family and now with this surprise prize money, I can finalize my preparations to go on the pilgrimage trip,” Osama Ghazi Matooq, one of the student winners commenting on his win said.
“Ayadi is a value-added savings scheme that helps our customers plan their needs be it save for their children’s education, buy a family home, manage overseas travel costs, address medical expenses, secure their retirement and much more. Our aim is to empower our customers and help them accomplish their future goals with great returns on the investments made with the Bank,” Mazen Sater, Assistant General Manager and Head of Retail Banking, BMI Bank, said.
“We would like to encourage our customers to continue with their financial planning on building their investments in Ayadi until 1st October 2014 for a chance to win our fifth Ayadi grand prize, which will be given away in November this year.”
This year, Ayadi has opened more savings options for its customers with a bigger prize pool of over US$ 1.9 million with incredible opportunities to win 396 prizes. Customers now have a chance to win more unique and exciting prizes with 6 grand prizes in addition to 300 monthly winners, 30 Ramadan prizes and 60 special cash prizes for students, to be given out throughout the year.
To be eligible for the prize draw, customers can open an Ayadi Savings Account at any BMI Bank branch in Bahrain with a minimum deposit of BD 50. The Ayadi Savings scheme draws are held under the supervision of a representative from the Ministry of Industry and Commerce (MOIC) along with the internal and external auditors and in accordance with Bahrain Banking and Chamber of Commerce Laws.
Ayadi for Students winners of US$500 Ali Alshehabi, Osama Ghazi along with his father, brother of Abrar AlSherooqi with Mazen Sater Assistant General Manager and Head of Retail Banking at BMI Bank and Jaspal Singh Ayadi top prize winner of $5,000