Union Bank of Nigeria is giving back in a big way! The bank recently awarded over N20 million to 360 lucky customers in the first monthly draw of its Save and Win Palli Promo 4, held at its Marina, Lagos headquarters.
This is just the beginning, as the promo runs until May 2025, with a staggering N131 million in total prizes up for grabs.
In this first draw, 60 winners received N100,000 each, while 300 others took home N50,000 gift vouchers. The process was conducted transparently under the supervision of regulatory bodies, ensuring fairness for all participants.
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Why Is Union Bank Doing This?
According to Gloria Omereonye, the bank’s Area Business Executive for Lagos Island 1, the goal is to encourage a savings culture among Nigerians while rewarding customer loyalty.
With economic challenges affecting many households, Union Bank sees this promo as a way to provide financial relief while motivating people to develop good saving habits.
“Union Bank remains dedicated to supporting our customers. We are thrilled that this promo continues to make a real difference in people’s lives,” Omereonye stated.
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What’s Up for Grabs?
Union Bank is offering more than just cash! Over the next few months, lucky customers will win: Cash prizes of up to N5 million, Motorcycles and tricycles, Fuel vouchers, Other amazing gifts.
The grand finale in May 2025 will see three customers each winning N5 million!
How to Participate
To be eligible for the promo prize, you must;
1. Save a minimum of N10,000 in your Union Bank account.
2. Complete at least five transactions monthly to qualify.
3. Save in multiples of N10,000 to increase your chances of winning.
The promo is open for both existing and new customers.
Since its launch in 2021, the Save and Win Palli Promo has rewarded nearly 2,000 customers, including previous winners of household appliances, cash gifts, and even a GAC SUV.