The Land Bank of the Philippines is raffling off cash prizes of up to P1 million and Apple gadgets to encourage depositors to put more money into their accounts.
Up for grabs in the government-owned lender’s “IpoNalo” raffle are 36 units each of the latest iPads, Macbooks, and iPhones.
There will also be one winner of P1 million cash, and a lucky recipient of P500,000. The third cash prize amounts to P250,000.
To qualify for an e-raffle ticket, a depositor must have P100,000 in average daily balance (ADB). Private corporations can are also eligible for the raffle at a rate of one ticket per P1 million in their ADB.
Qualified account holders will know how many e-raffle tickets they’ve earned through SMS and emails from Landbank.
