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Savers Reap Extra Rewards With National Bonds This July

Dubai, UAE 15 August 2010: National Bonds Corporation PJSC, the leading Sharia compliant saving scheme in the UAE, has announced the final winner of its three month ‘I SAVE & I WIN’ promotion as well as its 87th monthly millionaire.

Dr. Maneesh Mehrotra, a physician at the local Welcare Hospital Dubai took home the 1 kilo gold grand prize whilst 54 other lucky winners walked away with iPhones, iPads, gold coins and gold bars. In addition, the monthly prize of AED 1 million went to 25 year old Supriya Kubal, an Indian Auditor working for KPMG in Dubai.

Running from May until July 2010, the ‘I SAVE & I WIN’ promotion rewarded hundreds of bondholders every month for beginning or increasing their savings with National Bonds. This promotion ran concurrently with the 22,250 prizes awarded every month, including the grand prize of AED 1 million. ‘I Save & I Win’ has proven extremely popular with both new and existing customers, with National Bonds experiencing an increase in sales of 33 per cent of new customers and 67 per cent respectively for the three month promotional period.

Commenting on winning the 'I SAVE & I WIN’ grand prize, Dr Maneesh said: “Getting the phone call from National Bonds telling me I had won 1 Kilo of gold came as a big surprise to me and I am hoping to retain  some of  my  prize money to further increase my chances of winning in future draws. My wife introduced me to National Bonds and encouraged me to purchase my own bonds. Now after winning, I am planning to purchase bonds for my daughters as it’s a great way to save for the future.”

Meanwhile, the 87th National Bonds monthly millionaire Supriya Kubal was caught off guard while exercising at the gym when she got a call from the  CEO of National Bonds: “Receiving  the news of winning one million dirhams  gave me a feeling of disbelief and shock that I almost dropped the dumbbells on my foot!. I am a big savings advocate and have always been encouraged by my parents to save and actually winning the million with my first time purchase of bonds was an amazing emotion that cannot be described. With the AED 1 million, I want to treat myself but also share with my family and donate some to charity. The winnings will help me to secure my future and definitely will increase my chances of winning further prizes and who knows I may win another million!.”

“The National Bonds monthly millionaire draws and initiatives such as ‘I SAVE & I WIN’ are more than just payouts; they are rewards that can transform lives. We believe in encouraging a culture of savings in the UAE and these promotions do just that. Through National Bonds, people can regularly save for their future,” said Mr. Mohammed Qasim Al Ali, CEO of National Bonds Corporation PJSC.

As part of its continuous efforts to make purchasing bonds more convenient for customers, National Bonds has signed an agreement with Abu Dhabi Commercial Bank (ADCB) to provide Biz Direct services to its bank account holders to purchase bonds electronically. Biz Direct is a service that allows bank customers to make secure, real time online purchases by direct debit from their ADCB accounts allowing them instant issuance of bonds right at their desk.

National Bonds is also the only saving scheme in which bondholders from the age of 12 months to 70 years are now automatically entitled to individual Life Takaful coverage up to a maximum value of AED 125,000 at no extra charge.

National Bonds certificates are available for purchase in nearly 560 outlets nationwide including Emirates Post offices, exchange houses and banks. For more information, visit www.nationalbonds.ae  or call 600 522 279

About National Bonds Corporation PJSC

National Bonds, which is licensed and regulated by the UAE Central Bank, is a Sharia compliant saving scheme that provides UAE nationals, UAE residents and non-residents over the age of 16 with a credible and safe savings opportunity.  Minors can also own National Bonds, provided the bonds are purchased by the parent/guardian. Each bond costs AED 10, with a minimum purchase of AED 100 National Bonds Corporation PJSC announced an annual profit of 3.54 % for 2009, which is higher than the market average of 3.25 % on savings and deposits.  NBC’s cumulative profit rate of 16.64 % over the last three years is among the highest payout in comparison to any other similar savings schemes in the UAE.
National Bonds is a unique savings scheme:
· Customers will have the opportunity to win 22,250 prizes every month. AED 1 million on the last Saturday of every month  and 5,135 prizes on every Saturday in different  prize categories – 5 prizes of AED10,000, 10 prizes of AED 5,000, 20 prizes of AED 1,000, 100 prizes of AED 500 and 5,000 prizes of AED 100.  Savings with National Bonds can be redeemed easily after an initial 30-day holding period from exchange houses, banks and Emirates Post offices.
· All National Bonds customers from the age of 12 month to 70 years are automatically entitled to Individual Takaful  coverage up to a maximum value of AED 125,000 at no extra charge
· National Bonds does not charge any transaction fee from its customers. One can open an account for free and also close the account at any time without paying a penalty
· The National Bonds Employee Saving Scheme offers government and private sector employees an opportunity to save a portion of their salary on a monthly basis and also be entitled to all benefits and rewards offered by National Bonds
· National Bonds can be purchased from nearly 560 outlets across the UAE, including Emirates Post offices, exchange houses and banks.
· National Bonds can also be purchased online at www.nationalbonds.ae or call 600 522 279

For Media Inquiries Please Contact:

Jamal Al Mawed
d’pr
Tel: +971 (0)50 7355956
Email: Jamal@d-pr.ae
Or
Mashael Al Dakheel
d’pr
Tel: +971 (0)50 3496739
Email: Mashael@d-pr.ae

 
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