Premium Prize bond40000 The Allied Bank Premium Prize Bond represents a significant financial product within Pakistan's savings landscape, offering individuals an opportunity to invest and potentially win substantial prizes. This article will delve into the intricacies of this bond, its denominations, how it operates, and the role Allied Bank plays in its distribution and management, ensuring that you gain comprehensive knowledge about this popular investment vehicle.
Understanding the Allied Bank Premium Prize Bond
The Premium Prize Bond is a registered security, meaning it is issued in the name of the investor, offering a layer of security and transparency. Unlike bearer prize bonds, these registered bonds are not transferable by hand, adding an extra layer of protection against loss or theft. You can claim your National Prize Bond winnings through authorized channels, and the Premium Prize Bond falls under this umbrella, albeit with its own specific mechanismsSale of Premium Prize Bond (Registered). You can get 6% Profit in advance or on maturity of investment when you deposit your National Prize Bonds at Allied Bank.
Denominations and Investment Opportunities
The Premium Prize Bond is available in two primary denominations: Rs. 25,000/- and Rs. 40,000/-.Please see the details: Now you can deposit your NationalPrize BondsatAllied Bankand get 6% Profit in advance or on maturity of investment. These specific values, Rs...Prize Bonds· Visa · SBP-Rupay Ko Pehchano · SBP-Pakistani Banknotes App ... At AskariBank, we're committed to delivering apremiumdigitalbankingexperience..25,000/- & Rs.40,000/- Denomination, cater to a range of investors looking to participate in prize bond draws.2025年3月17日—Redemption of DigitalPrize Bonds-The redemption of bonds shall be made through the DPB Gateway and on successful redemption, the due amount ... The Rs. 40,000 Premium Prize Bond and the Rs.Authorized Commercial Banks to Deal in Premium Prize Bonds (Registered). S No ...Allied Bank limited. All Conventional Branches. 6. Bank Alfalah Limited. 25,000 Premium Prize Bond both offer regular opportunities for substantial financial gains through their scheduled drawsSarkar & Co. Chartered Accountants,. 21, Prafulla Sarkar Street,. Kolkata - 700 072. Bankers. StateBankof India.. You can also find information on the 25,000 Premium Prize Bond PURCHASE form, indicating the ease of acquiring this investment.Odisha Economic Survey 2024-25
The Role of Allied Bank
Allied Bank is a key player in the promotion and facilitation of prize bonds, including the Premium Prize Bond. The bank actively announces campaigns, such as the Allied Bank is pleased to announce 'National Prize Bond Campaign 2021', encouraging customers to engage with these investment products. Allied Bank Limited, with its extensive network of branches, acts as an authorized dealer for these bondsto be published in part-ii of the gazette of pakistan. You can find a list of Commercial Banks Branches Offering Premium Prize Bonds (Registered), and Allied Bank Limited Club branches are among those authorized to facilitate transactions related to these bonds.
Prize Draws and Profitability
The appeal of the Premium Prize Bond lies in its dual benefit: the potential for significant prize money and the possibility of earning profit. The Premium Prize Bond is known for its Quarterly Prize Money Draws as well as Bi-annual Profit Payments. While the exact profit rates can vary and are subject to official announcements, some sources suggest potential returns like get 6% Profit in advance or on maturity of investment when depositing National Prize Bonds at Allied Bank.asean For instance, the Premium Prize bondProfit Calculator can often be found online to help investors estimate potential earningsAllied Bank. The draw schedule is crucial for participants, with key dates like the next prize bond draw for Rs.Odisha Economic Survey 2024-25 40,000 and RsAllied Bank is pleased to announce 'National Prize Bond .... 25,000 scheduled for March 10th. This provides clear information about when the prize money will be announced.
Where to Purchase and Redeem
The Premium Prize Bond (Registered) scheme was initiated by the Central Directorate of National Savings (CDNS)How do I check my Prize Bond Numbers for Prizes? - State Savings. While the Premium Prize Bond is not a product of the State Bank of Pakistan directly, its issuance and management involve authorized entities. Allied Bank branches are authorized to deal in these bonds. For instance, you can find details about Premium Prize Bond HBL and Meezan Bank prize bond services, indicating a broad range of financial institutions facilitating these products. Redemption of Digital Prize Bonds (Registered) is also streamlined through dedicated gatewaysOffice of issue. - Thebondsshall be issued through offices of SBPBanking. Services Corporation and any other office as authorized by the Central Directorate .... For those holding the Premium Prize Bond, it's essential to know the authorized branches for transactions, and information on Premium Prize Bond authorized branches is readily available.
Key Features and Considerations
* Registered Bonds: Unlike older bearer bonds, the Premium Prize Bond is registered in the investor's name, enhancing security.
* Denominations: Available in Rs1. 0006. Jaranwala Lahore Road, Butcheki. Faisalabad. 2. 0063. Main Branch Chiniot. Faisalabad. 3. 0065. Chak Jhumra.Distt. Faisalabad. Faisalabad.. 25,000/- and Rs. 40,000/-.
* Draw Frequency: Quarterly draws for prizes.
* Profitability: Potential for bi-annual profit payments, with some banks offering attractive interest rates upon deposit.
* Authorized Dealers: Allied Bank is a prominent institution that deals with these bonds, along with other major banks in Pakistan.
* Claiming Winnings: Procedures are in place to claim your National Prize Bond winnings up to Rs. 500000, and adherence to official guidelines is necessary.
In conclusion, the Allied Bank Premium Prize Bond offers a compelling investment avenue for Pakistanis seeking both capital preservation and the thrill of winning significant prizes. With its registered status and attractive denominations, it stands as a testament to innovative financial products aimed at encouraging savings and providing opportunities for wealth accumulation. Always ensure you consult official sources and authorized banking institutions like Allied Bank for the most up-to-date information regarding purchase, redemption, and prize draw details.
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