NCBA Bank has announced a 3-month Deposit Mobilization Campaign, dubbed Deposit & Delight, set to end on January 21st, 2024.
This campaign promises Kenyan customers a chance to win exciting cash prizes and is designed to enhance the accessibility and relevance of NCBA Bank in the local financial landscape. The campaign affirms the Bank’s commitment to scale its retail banking business to support its critical strategic priority on customer growth.
The campaign’s winning categories have been segmented into three: New to Bank Accounts Category, Portfolio Growth Category, and Grand Prize Category, to ensure participation at all levels.
In the New To Bank Accounts Category, new and existing customers can win thrilling cash prizes. To participate, all one needs to do is open a new current account, savings account, or both accounts with a minimum deposit of Kes. 5,000 or a term deposit with a minimum deposit of Kes. 100,000 or more. To qualify for the prize, maintain a minimum balance of Kes. 5,000 in the account for at least one month, while term deposits must be held for three months. Exciting prizes will be given to eight lucky winners every week from the NCBA new account holders.
The Portfolio Growth Category is for existing NCBA customers, and they stand a chance to win up to Kes 500,000 every two weeks by increasing their portfolio by Kes 100,000 or more.
The Grand Prize Category is for customers who increase their term deposit holdings with NCBA or bring in new funds of Kes 100,000 and more to be placed in fixed deposits for three months and above and will enjoy competitive interest rates of up to 14.5%. Winners will be selected randomly from customers with the highest term deposits and longest tenures during the campaign period and will stand a chance to win up to Kes. 1,000,000. Funds will be placed in new fixed deposit accounts with a three-month maturity period.
“At NCBA Bank, we are committed to enhancing accessibility, delivering financial solutions that empower our customers’ financial growth, and fostering a stronger, more relevant presence in the local financial landscape. This campaign represents our dedication to providing innovative opportunities and rewards to our valued customers,”
Said Tirus Mwithiga, Group Director of Retail Banking.
“As the Bank embarks on this journey of financial empowerment and customer-centricity, we invite all Kenyan customers to participate in the Campaign and seize the opportunity to transform their financial future.”
Noted Mr. Mwithiga
“We believe that this initiative is not just about deposits; it’s about partnership and growth. Through the campaign, we shall continue to cement our brand promise – inspiring your greatness and creating success stories that endure together.”
Concluded Mr. Mwithiga.