A Chance to Win 1 million Kyats Every Day – FAQs

New and existing customers of KBZ Bank (Individual or Corporate) who open a new Fixed Deposit (any type) or new Cash Account (any type) or Ordinary Account (any type) and deposits or transfers MMK 100,000 and above during the campaign period of September 5th to September 30th 2022 are eligible to participate in the Campaign. 

Existing customers who deposit or make/receive transfers of MMK 100,000 and above into their existing account will also be eligible to participate in the Campaign. 

Yes, the campaign is a nationwide campaign where customers (both new and existing) from across the country can participate by opening new Cash Accounts or Fixed Accounts and depositing a minimum of MMK 100,000 during the campaign period.

There will be 1 winner per day and a total of 20 winners at the end of the campaign. Each winner will win a prize of MMK 1,000,000.

The following accounts are eligible:

  • Fixed Deposit Accounts (Ordinary Fixed Deposit, Special Cash Fixed Deposit, Instant Cash Fixed Deposit, Cash Converter Fixed Deposit)
  • Cash Accounts (Savings, Current, Call) 
  • Ordinary Accounts (Savings, Current, Call) 
  • For Fixed Deposit (FD) Accounts (Ordinary FD, Special Cash FD, Cash, Instant Cash FD, Cash Converter FD) – open a new FD account and deposit in cash or through transfers.
  • For Cash Accounts (Savings, Current and Call) – open a Cash Account and make cash deposits into the new account or existing accounts  Cash deposits into new or existing accounts only
  • For Ordinary Accounts (Savings, Current and Call) – Cash deposits or CBMNet and Inward Clearing transfers into new or existing accounts only. open a deposit account and make cash deposits into the new account or existing accounts.

Once you have successfully opened a new Fixed Deposit Account or Cash Account or Ordinary Account at any of our branches and deposited a minimum of MMK 100,000 you will be automatically entered into the lucky draw that will be running until the end of September. Total of 20 winners will be announced from 6th September to 1st October 2022 and informed. 

There will be a daily prize draw and announcement after which the winner will receive MMK 1,000,000 straight into their Cash or Ordinary Account (Call, Current or Savings) within 10 business days after the announcement has been made.

As the Lucky Draw prize MMK 1,000,000 will be credited to the customer’s Cash Account or Ordinary Account, however any lucky winner who does not have any of these accounts must go to the nearest KBZ branch within 10 days to open an account.

Every MMK 100,000 will count as one chance into the Lucky Draw and the more money deposited, the higher the chance of winning a prize.

Examples: If a customer opens a new Fixed deposit or Cash Account or Ordinary Account and deposits MMK 100,000 they will earn 1 lucky draw chance OR if they deposit MMK 400,000 they will receive 4 lucky draw chances. 

If a customer deposits MMK 1,000,000 into their existing Cash Account or Ordinary Account, they will earn 10 lucky draw chances.

Please note: KBZ Bank will never call customers to ask for their account information, OTP or Password as part of this campaign. If you are called by someone who asks for any of this information, please do not answer their questions, and do not fall victim to their scam.