Eligibility:
For individuals only
Minimum limit for opening the deposit:
KD 5,000
Tenures:
1 - 12, 24, 36, 48 and 60 months
Profit Distribution:
Monthly, yearly or at maturity as per the customer's wish
Conditions:
- Each customer gets one chance in the mega draws for every KD 1,000 deposited into the account.
- The eligibility criteria applies on a per-deposit basis that meets or exceeds KD 30,000 to qualify for entry into the Quarterly Mega draws and not on the aggregate value of multiple deposits.
- Minimum deposit is KD 30,000 to be eligible for the mega draws only.
- Available for individuals in Kuwaiti Dinars only.
- Monthly winning chances are based on the number of days invested during the month.
- There is no cap for draw chances, the higher the amount deposited the more chances.
- Winner of the Mega draw will be excluded from the other Mega draws within the same campaign.
- Deposit must be maintained for at least two consecutive calendar months prior to the month in which the quarterly mega draw is scheduled.
- The draw is performed electronically, in the presence of a representative from the Ministry of Commerce and Industry.
- The winner of the quarterly mega draw is required to visit Warba Bank to receive the prize with the corporate communication team to publish the photos on Warba Bank's official social media channels.
- The prize amount will be deposited in the winning customer's account within five working days.