Announcement

Dear customers,

Gulf Bank will be at your service through a selected number of branches from 08:30 AM till 01:00 PM, Sundays to Thursdays.

Click here to know the list of operating branches and how you can bank with us otherwise.

We hope you are staying safe.

AlDanah is bigger...it is now a million and a half!

In recognition of your years of trust, we are rewarding our AlDanah account customers by increasing the annual grand prize to KD 1,500,000 deposited in one full payment to the account of the winner of the annual AlDanah draw.

2020 Prizes

With a minimum deposit amount of KD200, customers can enter the AlDanah draws shown in the below table:

Prize Amount # Winners Draw Date Last Date to Deposit & Qualify
KD 1,000 5 Weekly 2 days before the draw
KD 250,000 1 June 28, 2020
(Postponed from April 16, 2020)
January 31, 2020
KD 250,000 1 July 16, 2020 March 31, 2020
KD 250,000 1 October 15, 2020 June 30, 2020
KD 1,500,000 1 January 14, 2021 September 30, 2020


Note: All weekly draws that were postponed from March 12 till June 18, 2020 were rescheduled to the following dates:
June 18, 2020 for March 15, 22 & 29 draws
July 5, 2020 for April 5, 19 & 26 draws
July 16, 2020 for May 3, 10, 17, 24 & 31 draws
July 19, 2020 for June 7, 14 & 21 draws

Who is it for?

  • Kuwaitis and non-Kuwaiti residents

  • Customers must be at least 21 years of age (Minors follow the normal Minor’s Procedure)

Opening deposit

  • Minimum account balance of KD 200 is required to enter the draw and to accrue chances (for all draw types).

Loyalty chances

  • Loyalty chances are the total chances earned by existing customers in the previous year, which are added to their chances for the current year so as to reward them for their loyalty. Therefore, the total chances gained by existing customers in 2019 (from 1st January 2019 to 31st December 2019) have been added to their 2020 chances. However, customers will need to ensure that they qualify for the draw, and that at no point in time will their balances drop below KD 200

Benefits

  • Save more and save longer to earn more chances to win with AlDanah

  • Customer receives one chance for every KD 100 every day

  • Access to your money at all times

  • Chances accrued from 1st Jan 2020

  • All customers can find out their total chances through their online banking and mobile banking application and/or by contacting the customer contact center at 1805805

Features

  • Secure banking services through the Online Banking and Mobile Banking application

  • Free AlDanah Deposit Only ATM card, which allows account holders to deposit money into their accounts at their convenience

  • ‘AlDanah Chances’ calculator available on Gulf Bank’s website and app

  • Customer Contact Center available 24/7 at 1805805

  • WhatsApp service 65805805

  • Free SMS alert with every transaction

Charges

KD 2 charge per month
will be applied if account balance drops below
KD 200 in any given day of the month.

Notes

  • If your account balance falls below KD200 at any given time, a KD2 fee will be charged to your account on a monthly basis until your balance returns to the KD200 minimum again.

  • If there are no transactions on your AlDanah account for a 48-month period, your account will become dormant. However, this will not affect your chances, and you will still be eligible to enter all draws. Terms and conditions apply.

  • No salary or allowance transfer is allowed for this account type.

Terms & conditions

Postponed Draws FAQs

  • The bank was requested by the Ministry of Commerce to stop all draws as a result of the Corona Pandemic.

  • No, your chances were not affected nor were they lost; your chances have been accumulating daily despite of the draws being postponed.

  • All draw files have been safely stored as to ensure that when the draws resume, the correct number of chances would be used for any of the postponed draws.

  • No, the process has not been changed in the way the draw is held by the bank, and it will still be overseen by the Ministry of Commerce representatives.

  • Yes it will; the set prize scheme has not been changed.

  • Yes, the quarterly draw will be held on June 28th, 2020.

  • The bank will start holding the postponed weekly draws on June 18, 2020.

  • No, we will not hold all of them on that date. The draws will be held as per the following schedule:

    AlDanah Draw Previous Draw Date Updated Draw Date Number of winners
    KD1,000 weekly Draw March 15, 2020
    March 22, 2020
    March 29, 2020
    June 18, 2020 15
    KD250,000 Draw April 16, 2020 June 28, 2020 1
    KD1,000 weekly Draw April 5, 2020
    April 19, 2020
    April 26, 2020
    July 5, 2020 15
    KD1,000 weekly Draw May 3, 2020
    May 10, 2020
    May 17, 2020
    May 24, 2020
    May 31, 2020
    July 16, 2020 25
    KD1,000 weekly Draw June 7, 2020
    June 14, 2020
    June 21, 2020
    July 19, 2020 15

  • The draws will be held in Gulf Bank’s head office building under the supervision of Ministry of Commerce representatives. No customers will be allowed due to strict Covid-19 safety restrictions and the limitation of the number of people managing the draws to ensure operating in a safe environment.

  • By law, the bank is required to publish the names of these winners in all local papers, on the bank’s website, and on various social media channels.

  • You may check your accumulated chances either by logging online into your account or by using Gulf Bank’s mobile app.

Tools & Calculators

Currency Converter
Al Danah Chances
Loan Calculator
Term Deposit Calculator