BuyPrizeBonds Online For individuals in Islamabad looking to understand the process of withdrawal of Rs.7500, Rs.Prize Bond Payment Branches | PDF | Islamabad15,000/- & Rs.40,000/- denomination National Prize Bonds, this guide offers a clear and detailed overviewContact Us | Askari Bank Limited Pakistan. With recent changes and updates in the denomination and encashment policies for various prize bonds, it's crucial to stay informed. This article aims to provide you with verifiable information regarding prize bond redemption in the Pakistani capital, incorporating insights from official sources and financial institutions.Frequently Asked Questions on National Prize Bonds
The landscape of prize bonds has seen significant shifts, with several denominations being either withdrawn from circulation or having their encashment procedures altered.FAQ's Notably, Rs.7,500 and Rs.15,000 denomination prize bonds have been withdrawn from circulation, as reported by official sources. Similarly, Rs.40,000, Rs.25,000, and Rs.15,000 denomination bonds had specific encashment deadlines, with September 30th, 2021, and December 2021 being key dates mentioned for certain denominations. Currently, the Rs.7500 prize bond withdrawal dates have also passed. The government has also discontinued sales of the RsGovt discontinues Rs7,500, Rs15,000 prize bonds.25,000 prize bond.
The primary method for encashing these withdrawn bonds is through a transfer of proceeds to the bondholder's bank account. This process is facilitated through designated channels, ensuring a secure and traceable transaction.
For those seeking to inquire about or process prize bond redemptions in Islamabad, several avenues are availableHow to Claim Prize Bond Money in Pakistan. The Central Directorate of National Savings (CDNS), located at G-6/4 Melody Market, Islamabad, serves as a central point for information and services related to savings schemes, including prize bonds.Frequently Asked Questions on National Prize Bonds Their contact information, [email protected] case the bond holder desires.pk, and phone number, +92 51 111 267 268, are valuable resources.
Furthermore, the State Bank of Pakistan (SBP) plays a significant role in facilitating these transactions. The SBP Banking Services Corporation office in Islamabad is a key location for encashment, especially for withdrawn denominations. Additionally, branches of authorized commercial banks are equipped to handle prize bond payments. The National Savings Center in Islamabad is another vital hub for information and services.
Specific branches mentioned for facilitating payments include:
* Islamabad Branch: Located at 24-D, Rashid Plaza Jinnah Avenue, Islamabad.
* Askari Bank Limited: Their Islamabad office is situated at Third Floor, Plot NoPayment of National Prize Bonds ; 3, Islamabad, Islamabad Branch,24-D, Rashid Plaza Jinnah Avenue, Islamabad; 4, Multan, Multan Branch, 85-A, Qassim Road, P.O. .... 18, NPT Building, F-8 Markaz, IslamabadThe digitalprize bondswill be issued by the Central Directorate of National Savings and will be accessible through the "DigitalPrize Bond....
For those looking for Prize Bond Payment Branches in a broader context, the list may include locations such as 1 MANSEHRA 0140 ABBOTTABAD DISTRICTPrize Bonds.
When it comes to claiming prize bond money, the process generally involves presenting the winning bond and a valid identification documentHow to Claim Prize Bond Money in Pakistan. If your claim is verified, you can collect your prize money. For claims related to the face value of the bond (iFrequently Asked Questions on National Prize Bonds.e., redemption of withdrawn bonds), a prescribed form needs to be submitted, which will be processed according to the Prize Bond Refund Rules, 1963Rs750 Prize Bond Draw Held; FBR Updates Tax Rates.
It's important to note that while you can buy and sell bonds within 30 days after draws at their face value from banks, after that period, you might need to deal with bonds dealers, such as Al-Madina Prize Bond Dealer Islamabad, Sector G-6, Sector G-6/1, Municipal Road.
The Central Directorate of National Savings (CDNS) has also introduced schemes like "PREMIUM PRIZE BONDS (REGISTERED)".Prize Bonds. Central Directorate of National Saving (Head office)G-6/4 Melody Market, Islamabad, Pakistan. [email protected]. Frequently Asked Questions. If ... These premium prize bonds are registered, offering a different investment avenue. Information regarding these registered bonds can also be accessed through the CDNS in Islamabad. While the general principles of withdrawing and encashing prize bonds apply, specific procedures for registered bonds might have nuances.
* Withdrawal of Denominations: Always verify the current status of specific prize bond denominations, as some have been withdrawn from circulation.
* Encashment Deadlines: Be mindful of any deadlines set for the encashment or exchange of withdrawn bonds.
* Authorized Institutions: Ensure you are dealing with authorized financial institutions, including commercial banks and the State Bank of Pakistan, for all prize bond transactionsInstructions to Banks ;Withdrawal of Rs.7500, Rs.15,000/- & Rs.40,000/- denomination National Prize Bonds(Bearer) from Circulation · Notification ; Withdrawal ....
* Documentation: Keep all your prize bond certificates and identification documents readily available.
* Official Information: For the most accurate and up-to-date information, always refer to official websites such as savings.gov.pk or contact the Central Directorate of National Savings directlyPayment of National Prize Bonds | HABIBMETRO Bank.
By understanding these procedures and readily available resources, individuals in Islamabad can confidently navigate the process of prize bond withdrawals and redemptions.
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