Doha Bank’s flagship Al Dana Savings programme has named Liju Varghese as its third winner of the year in the latest Al Dana QR1mn prize.

The winners of the draw received their prizes at a special ceremony held recently at Doha Bank Tower.

During the awarding ceremony, 13 lucky winners were announced, including Khalifa Sultan al-Kubaisi from Qatar who won QR500,000 and Abdulmehssen Ibrahim al-Sultan receiving KD5,000 in a separate ceremony held by Doha Bank in Kuwait. The draw also awarded QR10,000 to 10 lucky winners and five iPads to Al Dana Young Savers.

During the ceremony, Doha Bank Group CEO Dr R Seetharaman said: “The quarterly QR1mn prize is life changing and I hope that all the prizes are used wisely by our winners and their families. Doha Bank is keen to hear from Mr Varghese in a few months to know more about how this prize has influenced his life and how it has helped him plan for the future. We have invited him to visit us soon and share his story.”

Meanwhile, Varghese said: “This prize is beyond all expectations and I am both surprised and elated. It represents many years of saving if you were to save this amount under any normal circumstances. My family has the opportunity to make sound choices that will put this money to good use and I look forward to sharing our plans with Doha Bank once the reality of the prize really sinks in. I also invite all people to invest in Al Dana and wish them to be the future winners in Al Dana savings scheme.”

Doha Bank head of Retail Banking Suresh Bajpai added: “Al Dana’s prize structure ensures there is a prize catering to every type of savings appetite. By the end of 2014, one more millionaire will be added to the Al Dana family, with plenty of opportunities for past winners to add to their tally in the monthly, bi-monthly, and quarterly draws. This includes all eligible customers maintaining a minimum balance of QR1,000 and special draws for those maintaining higher balances.”

Now in its 11th year, Al Dana is the leading savings programme of its kind in Qatar and with Doha Bank’s growing international presence with dedicated prizes rewarding customers in markets such as Kuwait.

In addition to automatically entering all the other draws based on eligibility, Kuwait Doha Millionaire customers will be eligible for a separate dedicated draw held every month, rewarding customers with a KD5,000 prize. All customers maintaining a minimum balance of KD 100 in their accounts will be eligible for this draw.

Customers holding Al Dana savings balances of QR1,000 and above are automatically entered into monthly draws that will award QR10,000 each to 10 lucky winners each month. Quarterly draws will give one additional lucky winner QR1mn for maintaining an account balance of just QR1,000 during the months of the eligible quarter.

Al Dana customers maintaining balances of at least QR50,000 will be eligible for special additional draws that will reward one lucky customer each month with monthly prizes of QR100,000.

Doha Bank is also rewarding five winners each month from its Al Dana Young Savers programme. Young Savers should maintain a balance of at least QR500 in their accounts during the eligibility period for each monthly draw.

Related Story