Prize Bond Schedule 2024

Prize Bond Schedule 2024

Prize bonds in Pakistan are offered by the Government Ministry of Finance.

This scheme presents itself as an excellent opportunity to achieve one's goals and desired wealth. They enable someone to win a significant sum of money, which can quickly make them wealthy.

“Success has no shortcuts, and overnight riches are a myth.”

A prize bond, like currency notes, is a bearer instrument owned by the holder. The Prize Bond plan is considered a gold investment. Prize Bond Schedule 2024 is a legal way to earn money and get wealthy fast. It could be a great opportunity to realize one's dreams. It is a bearer type of security with the denomination of 

• 100 PKR Prize Bond
• 200 PKR Prize Bond
• 750 PKR Prize Bond
• 1500 PKR Prize Bond
• 25000 PKR Prize Bond (Premium)
• 40000 PKR Prize Bond. (Premium)

7500 Prize Bond Discontinued

The deadline for redeeming, replacing, or converting National Prize Bonds with a denomination of Rs 7,500 was extended by the Pakistani government from September 2023 to June 30, 2024. The State Bank of Pakistan, Schedule Banks, National Saving Centers, and Head Post Offices regulate the selling and encashment of these bonds. Transactions that are not authorized are against the legislative regulations of the government.

15000 Prize Bond Discontinued

The deadline for redeeming, replacing, or converting National Prize Bonds with a denomination of Rs 15000 was extended by the Pakistani government from September 2023 to June 30, 2024. The State Bank of Pakistan, Schedule Banks, National Saving Centers, and Head Post Offices regulate the selling and encashment of these bonds. Transactions that are not authorized are against the legislative regulations of the government.

Are you ready to generate instant money overnight?

If so, then the Prize Bond Schedule 2024 is the best option. All you need is knowledge of how to maintain your bank account after winning the lotto. Entering into a prize bond is the only legal way to earn money in as little as a minute and change your fate.

How to Buy Prize Bonds

The Prize Bonds for general Public can be easily buy from SBP-BSC office, designated commercial bank branches and National Savings Centers against application form with copy of valid CNIC.

How to Buy Premium Prize Bonds

Contrary to the National Prize Bonds (bearer), the Premium Prize Bond is a registered prize bond which is issued in the name of registered investor. The investor gets a six-monthly profit on investment at a rate notified by the Government of Pakistan upon completion of six-month period either from the date of issue or date of last profit paid in addition to eligibility for prize money in quarterly draws, subject to compliance to shut period requirement

What documents are required for encashment of Premium Prize Bonds?

The registered investor shall be required to fill an Application Form (PPB-2) along with the following documents at the time of encashment.

1. Original Premium Prize Bond duly signed on reverse.
2. Legible copy of valid CNIC Pakistan
3. Any other document (if any) as specified from time to time.

What will happen in case a Premium Prize Bond is lost?

In case of loss of Premium Prize Bonds, the investor is required to personally visit the Office of Issue and report the loss of instruments by submitting an application form, copy of FIR / NC. After necessary verification, the Office will issue new Premium Prize Bonds of same Face Value with different numbers in the name of same investor.

Schedule and Draws of Prize Bonds

Prize bond draws are carried out throughout the year. Each draw has a different prize value and denomination. The authorities announce the schedule of the prize bond draw in advance. Here are a few important things an individual should remember:

Zakat or Taxes in Prize Bonds

Is Zakat and Withholding Tax applicable to Premium Prize Bonds profit and prizemoney?

No, the Prize Bonds are exempted from compulsory deduction of Zakat, but when any prize bond number won a prize then Govt of Pakistan will Deduct 15% from winning amount if you are active Tax Payer otherwise, they will deduct 30%.

Local Deduction on Prize Bond

If a winner wants to cash its winning prize bond number from a local shop, then the local shops can charge 150 to 200 rupees per number, but it is better to cash the prize bond from a local shop because if we cash it from national bank then it will take 30 minutes to do all the process.

Can we claim prize money of damaged bond?

Yes, you can claim damaged or colored Bonds from national bank but its process of encashment is 4 to 6 months, the Local Prize Bonds Dealers can also cash this damaged prize bond but they will charge extra according to the conditions of Prize Bond.

Period to Draw Winning Prize Bonds Cash

You can draw any winning Prize Bond in 5 Years after its winning date.

INVESTMENT IN Prize Bonds

Every Prize bond fund has its own risk, one should be able to balance the risks with the overall benefits of investing in funds associated with bonds. These include:

History of Prize Bonds in Pakistan

Prize Bond is basically a lottery bond offered by the National Savings Pakistan (Ministry of Finance) and issued on behalf of the Government of Pakistan.

As an agent for the Pakistani government, State Bank of Pakistan started selling Prize Bonds under the "National Prize Bonds" program on October 1st, 1960. On July 1, 1999, the prize bond program was resurrected with six denominations under the name National Prize Bonds. Two additional denominations were introduced in 2012. Following its establishment as a fully owned subsidiary of SBP on January 2, 2002, the work related to the sale, encashment, holding draws, paying prize money for the National Prize Bonds scheme, and other saving instruments of the Federal Government or of a Provincial Government was transferred to SBP Banking Services Corporation (Bank) Karachi. Currently, the 16 field offices of SBP BSC (Bank), National Savings Centers of the Central Directorate of National Savings, and authorized Schedule Bank branches oversee the National Prize Bond activities (CDNS).

It is also important to note that bonds may only be sold through SBP BSC offices, Authorized Commercial Banks, and National Savings Centers in accordance with the Prize Bond Rules of 1999. Section 489G of the Pakistan Penal Code 1860 (issued in the Gazette 6, 2012) prohibits the sale of prize bonds by an unlicensed body or the sale of documents that resemble prize bonds.

Total Range of Prize Bonds Numbers:

In Pakistan, Prize Bonds are issued in appropriate series, with a 1,000,000 bond (one million numbers) maximum for each series. Although there is a quarterly draw, these bonds bear neither profit or interest. Through lucky draws, the lucky winners are revealed once a quarter. These fortunate draws take place roughly 36 times a year in Pakistan's largest cities. Numbers show that 70,600 Pakistanis get prize money of Rs. 1.6 billion rupees annually.

Maximum Prize of a Prize Bond

On the Premium 40,000 Prize Bond, there is a maximum prize of 80,000,000 available. The second-largest sum, 75,000,000, is available on a typical 40,000 Prize Bond. These drawings take place every three months.

Prize Bond Guess Paper

There is no formula, even if there are a number of guess sheets accessible online for earning a reward bond. Try your luck; it's all about luck. The system is solely dependent on lotteries.

Prize Bonds vs Savings Accounts

Each have its own benefits. I will provide my personal analysis if we will pick a budget to buy prize bonds of worth 1,50,000 it will get 4 times in a year and the chances to become a winner is 30% to 40%. But if you will invest 1,50,000 in saving account you will get minimum 15000 Rs each Month and its rate of success is 100%. If you want to play safe then you must have to go and register a Saving Account and if you want to play Big them you can Buy prize Bonds, it totally depends on your luck and personal analysis to win multiple prize bonds at a time

Security of Prize Bond Online

Prize Bonds ONLINE is the best place to check your results instantly. Prize Bond Draw Schedule 2024 is updated online for visitors across Pakistan. The list shows the dates of lucky draw from January 2024 to December 2024. You can also register in to our website and add your all prize bonds numbers in just a click, moreover you will also get an email notification when you have won any prize in the latest prize bonds draw list. Our website provides the secure login for our all users and your data is secure and safe with us. The Security of our Website “Prize Bonds online” is even high as admin cannot see you saved prize bonds number. And the notification of winning email will not consist of any prize bond number.

Frequently Asked Questions

Q. What is the First Prize of Rs. 100 Prize Bond?

The first prize of Rs. 100 Prize bond is 700,000. The second prize is Rs. 200,000 which has total 3 prizes, and third prize is Rs. 1000, which has total 1200 prizes.

Q. What is the First Prize of Rs. 200 Prize Bond?

The first prize of Rs. 200 Prize bond is 750,000. The second prize is Rs. 250,000 which has total 3 prizes, and third prize is Rs. 1000, which has total 1250 prizes.

Q. What is the First Prize of Rs. 750 Prize Bond?

The first prize of Rs. 750 Prize bond is 15,00,000. The second prize is Rs. 500,000 which has total 3 prizes, and third prize is Rs. 9300, which has total 1696 prizes.

Q. What is the First Prize of Rs. 1500 Prize Bond?

The first prize of Rs. 1500 Prize bond is 30,00,000. The second prize is Rs. 10,00,000 which has total 3 prizes, and third prize is Rs. 18500, which has total 1696 prizes.

Q. What is the First Prize of Rs. 7500 Prize Bond?

The first prize of Rs. 7500 Prize bond is 15,000,000. The second prize is Rs. 50,00,000 which has total 3 prizes, and third prize is Rs. 93000, which has total 1696 prizes.

Q. What is the First Prize of Rs. 15000 Prize Bond?

The first prize of Rs. 15000 Prize bond is 30,000,000. The second prize is Rs. 10,000,000 which has total 3 prizes, and third prize is Rs. 185000, which has total 1696 prizes.

Q. What is the First Prize of Rs. 25000 Prize Bond?

The first prize of Rs. 25000 Prize bond is 50,000,000. The second prize is Rs. 15,000,000 which has total 3 prizes, and third prize is Rs. 312000, which has total 1696 prizes.

Q. What is the First Prize of Rs. 40000 Prize Bond?

The first prize of Rs. 40000 Prize bond is 75,000,000. The second prize is Rs. 25,000,000 which has total 3 prizes, and third prize is Rs. 500,000, which has total 1696 prizes.

Q. What is the First Prize of Rs. 40000 Premium Prize Bond?

The first prize of Rs. 40000 Premium Prize bond is 80,000,000. The second prize is Rs. 30,000,000 which has total 3 prizes, and third prize is Rs. 600,000, which has total 1696 prizes.

Prize Bond Schedule 2024

The 2024 National Savings Pakistan Prize Bond Schedule starts from January 1, 2024, and runs until December 15, 2024. The Prize Bond Schedule includes denominations of PKR 100, 200, 750, 1500, 7500, 15000, and 40000, with the 25000 and 40000 Prize Bonds being designated as Premium Prize Bonds from January to December.
Prize bonds in Pakistan are a safe investment. Every three months, National Savings conducts a lucky draw for each denomination and announces the winners. Register and save your prize bonds to receive your winning prize bond numbers via email.

Prize Bonds List Search Online Register