Diamond bank reward N3 million in scholarships to youths

Diamond bank on Monday announced plans to reward holders of its youth banking accounts with scholarships worth N3million.

“The scholarship offer is our own way of supporting and reassuring customers of our promise to provide value added services on their customer journey with us, said  Head, Personal Banking, Diamond Bank Plc, Adaeze Ume.

” The goal of the Diamond Future and Cool-Teens Scholarship offer is to promote a savings culture amongst parents and guardians especially towards saving for their children/wards’ school fees. This is a good way for parents to fund their children’s education, whilst diversifying their investments.”

Titled, the Diamond Future and Cool-Teens Scholarship offer, the campaign is targeted at parents with children in preschool, primary and secondary schools.

To qualify for the Scholarship offer, all you need to do is open either a Diamond Future or Cool-Teens account at any Diamond Bank branch and increase the account balance to a minimum of N25,000 or set up a standing instruction with a minimum of N10,000. Every multiple of N25,000 saved gives the customer an extra chance of winning in the draw.  Qualified account holders will participate in a draw at the beginning of each academic term where winners will be selected and rewarded with scholarship prizes in their schools.

“The Diamond Future and Cool-Teens accounts offers customers a structured savings plan with the added flexibility of saving various amounts monthly. Some of the account benefits include: 13th month bonus reward, competitive credit interest rates, access to educational tools, games for kids and a free debit card with trendy design options that permits teens to receive pocket money, pay for movie tickets, buy books, video games and enjoy loads of freebies like portable tablets and phones when they join the Cool-Teens community,” concluded Ume.