Union Bank of Nigeria Plc has rewarded the first set of 50 winners, selected randomly through a transparent, and electronically generated draw supervised by relevant regulatory bodies in the second edition of its Save & Win Palli promo, going home with cash prizes of ₦105,000 each.

A statement by the bank described the Save & Win Palli Promo as a nationwide campaign to reward customers with cash prices and other gifts worth over N55,000,000 to encourage and promote a healthy savings culture.

The promo is open to new and existing customers who save a minimum amount of N10,000 monthly, and who qualify to participate in the monthly draws stand a chance to win N105,000 each, while five winners will go home with N500,000 each in two of the quarterly draws.

One lucky customer will snag the star price of N5,000,000 during the grand finale set to hold in December alongside other consolation prices.

Speaking concerning the draw, the Head of Retail Deposits at Union Bank, John Obichie, said “Union Bank is pleased to reward our customers’ through initiatives like this that encourages them to save. This promo was introduced to support our customers during these trying times, and to reward them for being consistent with their saving habits.”

The promo which kicked off in July will run until the end of the year and will see more winners emerge during the monthly, quarterly and end of year draws so there’s still a chance to participate and win!

According to the statement, if you are an existing Union Bank customer you can continue to top up your savings in multiples of N10,000 monthly to increase your chances of winning. Prospective customers can download the UnionMobile app on their mobile phones to open an account or they can simply walk into any Union Bank branch.