Diamond Bank is putting smiles on the faces of Nigeria by offering a first of its kind window at opportunities for customer to acquire choice Peugeot Cars without paying any interest on the principal.

The Diamond Bank finance of car offer available are Peugeot models 307.406 and 407.

These according to the bank are yuletide gilts. Having noted that this is coming at a period of shrinking industry lending, the bank says it remains committed to putting smiles on the face of Nigerians consumers desiring the best service at an affordable price.

Details of the offer, as released by the bank shows that customers have two options to choose from you can either make a down payment of 30 per cent and pay the balance over 18 months on a zero interest basis, or make as low as 15 per cent down payment and earn a N5,000 monthly cash bank which qualifies you for the Diamond saving xtra salary life rewards scheme.          Whilst customer who choose Option I will earn the zero interest repayment plan, customers who purchase any of the cars with Option 2 will qualify for the savings xtra salary 4 life  rewards in which they stand a chance to win income payment of N100,000 every month for the next 20 years, plus a host of other fantastic prizes. In addition, every customer will stand a chance to have their loans read in fact at a draw process in which one in every 50 customers will win.

According to Charles Udoh, head Corporate Communications, “we are offering customers an early Christmas gift by giving them an opportunity to acquire brand new Peugeot  cars without having to worry about the burden of high interest repayments.

Few financial institutions are lending at this time, and with the extra benefits, added with our savings Xmas rewards scheme, the offer becomes even more compelling.

Mr Udo further stated that both customers and non-customers of Diamond Bank are eligible to participate provided they meet the lending requirements. Meanwhile two more customers of the bank emerged winners of “salary 4life “star prize in the Diamond saving, Xmas season 2 rewards draw for November which took place in Lagos. Jude Onyebuchi Duru, a customer from the Bank’s Idumota, Lagos Island branch and Sunday Christian Ntude of Grace Road, Eket branch, Akwa Ibom State, emerged the two latest “Salary 4 life “Star prize winners which entitles them to a monthly income of N100,000 thousand Naira for the next twenty years respectively.

In the same vein, 10 customers win N500,000 cash each, while 25 others won prizes including, motorcycles, LCD Television sets, Generators, Laptops and Air conditioners.

The latest salary 4life winners join four other customers, Grace Ihekerenma Iloabuchi (Ikwere road Port Harcourt branch), and Olatunde Adekunle Oketade (Le-ebanon road, Ibadan branch), as well as Amadi Cordelia Oluchi, (Nyannya Abuja branch), and Babangida Mailafiya, (Doma Road, Lafia branch) who won in the September and October draws respectively, making a total of 6 winners so far. 18 more salary 4life prizes will be given away before August 2010.

Addressing the audience, during the draw in Lagos, Mr Garry Marsh, head, Retail Banking, said that the savings xtra campaign  had been resounding success so far and all the objectives behind savings xtra campaign have been achieved. According to him, “we are glad that we have come this far in the campaign, in the first phase of the campaign, we succeeded in transforming the lives of many people in such a manner that will remain evergreen in their lives and we hope to achieve the same thing in this second season of the campaign. This is the second draw in the second season and we are  already doing wonderful thing, in the lives of our customers”.

Also speaking during the draw was  John Anyanwu from KPMS, the overseer of the processes of the draw, stated that since the inception of the draw in 2008, Diamond Bank had remained consistent with the outlined rules and guidelines for the draw. He said,” there is absolute transparency in the draws and I can assure every body that all the results from the draws so far have remained credible and transparent.

I can equally testify that the draw held here today is in line with all the lad down procedures guiding this campaign. All accountholders of the Bank who are eligible to participate in this draw participated, and no customers was given undue advantage to emerge as a winner. All winners emerged from a free and fir draw process to day.”