how prize bonds work in pakistan Prize bonds are a unique method of investment - Prizebond shut period 2025 Pakistan How Prize Bonds Work in Pakistan: A Comprehensive Guide

Howto buy 40000PrizeBond onlinein Pakistan Prize bonds in Pakistan represent a unique form of investment that blends the security of government backing with the thrill of a lotteryFrequently Asked Questions on Prize Bonds. These government-backed securities, issued by the State Bank of Pakistan and managed under the purview of the Central Directorate of National Savings (CDNS), offer individuals a spare approach to procure cash with the possibility of significant winnings. Understanding how prize bonds work in Pakistan is crucial for anyone considering this investment avenue.Premium Prize Bonds (Registered) Scheme - State Bank of Pakistan

At their core, prize bonds are essentially a type of lottery. An individual purchases a bond with the hope of winning a prize through a lottery draw. Unlike traditional fixed-income investments, prize bonds do not offer regular interest payments.2025年9月2日—Claim your National Prize Bond winnings up to Rs. 500000at designated ABL branches. Visit with valid ID and winning bond number. Instead, interest is returned to bond owners via prizes, which are distributed through random selection.State Bank of Pakistan commenced the sale of Prize Bonds under the ... The value of the prize money varies depending on the denomination of the bond and the specific draw.

These bonds are available in various denominations, including:

* Rs. 100

* Rs. 200

* Rs2023年5月24日—Prize bonds are a type of investment in whichan individual purchases a bond with the hope of winning a prizethrough a lottery draw.. 750

* Rs. 1,500

* Rs. 25,000 (Premium Prize Bonds Registered)

* Rs.Please note that Claim of Payment of Prize Money up to Rs. 500,000/- & Face Value of NationalPrize Bondsthrough State Bank ofPakistanare accepted here. 40,000 (Premium Prize Bonds Registered)

The Pakistan Security Printing Corporation (PSPC), with the approval of the Government of Pakistan, is responsible for printing prize bonds of all denominations.

The Mechanics of Prize Bonds

When you purchase a prize bond, you are essentially buying a security with a unique serial numberNational Savings Announces Rs. 1500 Prize Bond Results .... These bonds are considered bearer instruments, meaning whoever possesses the bond is considered its owner. However, for certain premium series, registration is available. The State Bank of Pakistan commenced the sale of prize bonds under specific schemes, and these are made available for purchase at designated branches of commercial banks and the National Savings Centers.Prize Bond

The drawing of winning numbers is overseen by a committee to ensure transparency.7天前—Prize bondsare issued and managed by the Central Directorate of National Savings (CDNS) in partnership with the State Bank ofPakistan. The ... These draws are held periodically, and the schedule for these draws is published.All you need to know about government prize bonds For instance, there are schedules for the Rs 750 Prize Bond Draw, and results are announced for various denominations, such as the Rs.National Bank of Pakistan 1,500 Prize Bond.

Winning and Claiming Prizes

If your prize bond number is selected in a draw, you are eligible to claim the prize money. The process for claiming winnings depends on the prize amount. Typically, claims for prize money up to Rs. 500,000 can be lodged at designated branches of banks like National Bank of Pakistan (NBP) and Allied Bank Limited (ABL). For winnings of RsFrequently Asked Questions on Prize Bonds. 1 million and above, the bonds are invariably sent to the Pakistan Security Printing Corporation for verificationNational Bank of Pakistan.

To claim your prize money, you will generally need to fill out a prescribed claim form available at field offices.Prize Bond List | 2026 Draw | Schedule | Results You will also need to provide your original winning bond and a valid Computerized National Identity Card (CNIC). The State Bank of Pakistan facilitates the payment of prize money for National Prize Bonds. It's important to note that you must follow the specific procedures for claiming your National Prize Bond winnings up to Rs. 500,000.Payment of Prize Money for National Prize Bonds

Taxation on Prize Bonds

A key aspect to consider when understanding how prize bonds work in Pakistan is the taxation on prize money. As per government policy, a rate of tax is applied to the prize value.2025年9月2日—Claim your National Prize Bond winnings up to Rs. 500000at designated ABL branches. Visit with valid ID and winning bond number. This tax rate is typically 15% for individuals who are filers (taxpayers who file their income tax returns) and 35% for non-filersPlease note that Claim of Payment of Prize Money up to Rs. 500,000/- & Face Value of NationalPrize Bondsthrough State Bank ofPakistanare accepted here.. This withholding tax is deducted at the source before the prize money is disbursed.

Premium Prize Bonds (Registered)

The Premium Prize Bonds (Registered) scheme offers a slightly different experience. These registered bonds offer a six-monthly profit on investment at a rate notified by the Government of Pakistan.Answer: The claim of prize money declared on winningprize bondcan be lodged at any field office on the prescribed claim form, which is available. This means that in addition to the chance of winning a prize, investors may receive a profit, making it distinct from the standard lottery-style prize bonds. These bonds are issued for an unlimited tenor, meaning they do not have a fixed maturity date until they are encashed by the registered holder or withdrawn by the government. The highest prize for these bonds can be substantial, with amounts like Rs. 30,000,000 and Rs. 80,000,000 mentioned. There is no limit to the investment in these premium bondsFrequently Asked Questions on Prize Bonds.

Key Entities and Concepts

* Prize Bonds: A type of government-backed security that functions as a lottery, offering cash prizes to lucky winners.

* State Bank of Pakistan: The central bank responsible for the issuance and management of prize bonds.

* National Savings (CDNS): The directorate that oversees the operations of prize bonds.

* Pakistan Security Printing Corporation (PSPC): The entity responsible for printing the prize bonds.Floating profit payable upon completion of six months either from date of issuance or last profit paid. Unlimited Investment & Unlimited Tenor. WHT applicable & ...

* Denominations: The face value of the prize bonds, ranging from Rs. 100 to Rs. 40,000.Premium Prize Bonds (Registered) Scheme - State Bank of Pakistan

* Draws: Periodic lottery events where winning bond numbers are selected.It offersbearer bonds in denominations from Rs. 200 to Rs. 40,000that pay no fixed return but hold quarterly prize draws. The number of prizes in each draw is ...

* Prize Money: The cash awarded to holders of winning prize bondsPrize Bonds Draw Schedule, 2026​​ As per Govt. Policy, Rate of Tax is 15% of prize value for Filers, and 35% of prize value for Non-Filers..

* Taxation: A percentage of the prize money deducted as tax, with different rates for filers and non-filers.

* Premium Prize Bonds (Registered): A specific series of prize bonds offering potential profit in addition to prize drawsAll You Need to Know About Prize Bonds in Pakistan.

* Bearer Bonds: Prize bonds where ownership is established by possession.FAQ's

* Registered Bonds: Premium prize bonds that are registered in the name of the holder.

In essence, prize bonds provide a dual opportunity: a chance to win substantial cash prizes and, in the case of premium bonds, a form of investment with potential returnsPrize Bonds Draw Schedule, 2026​​ As per Govt. Policy, Rate of Tax is 15% of prize value for Filers, and 35% of prize value for Non-Filers.. They are a popular choice for many in Pakistan looking for a unique way to potentially grow their savings while participating in a national lottery.Prize Bonds Draw Schedule, 2026​​ As per Govt. Policy, Rate of Tax is 15% of prize value for Filers, and 35% of prize value for Non-Filers. Whether you are looking for a prize, a bond, or simply exploring different investment avenues, understanding how prize bonds work in Pakistan is