All about Prize Bond details: FAQs, history, draw, denominations

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Here is an in-depth analysis and information about the key prize bond details.

Prize bond is a product of National Savings Pakistan. However, it is a bearer sort of investment security that offers no profit or premium but give prizes through lucky draw. National Savings Pakistan under Ministry of Finance issues prize bond in different denominations. However, the draw for each prize bond held once in three months or 4 times in a year.

Prize Bond Denominations

National Savings of Pakistan offers prize bond in 8 different denominations. However, you can buy it in Rs 100, 200, 750, 1500, 7500, 15000, 25000, and 40000. Here is a detailed overview of all prize bonds

Rs 100 Prize Bond

 

It is a prize bond with the lowest denomination and is highly suitable for investors with low amount. In each draw, total 1203 winners win prizes. Numbers of winners are 1, 3, and 1199 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 700,000) – 1 Winner
  • Second Prize (Rs 200,000) – 3 Winners
  • Third Prize (Rs 1,000) – 1,199 Winners

Next Scheduled Draw: 15 May 2018 at Quetta

Rs 200 Prize Bond

It is a prize bond with the second lowest denomination. In each draw, total 2,400 winners win prizes. Numbers of winners are 1, 5, and 2394 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 750,000) – 1 Winner
  • Second Prize (Rs 250,000) – 5 Winners
  • Third Prize (Rs 1,200) – 2,394 Winners

Next Scheduled Draw: 17 June 2019 at Muzaffarabad

Rs 750 Prize Bond

It is a prize bond with the third lowest denomination. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 1,500,000) – 1 Winner
  • Second Prize (Rs 500,000) – 3 Winners
  • Third Prize (Rs 9,300) – 1,696 Winners

Next Scheduled Draw: 15 April 2019 at Lahore

Rs 1,500 Prize Bond

It is a prize bond with the fourth lowest denomination. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 3,000,000) – 1 Winner
  • Second Prize (Rs 1,000,000) – 3 Winners
  • Third Prize (Rs 18,500) – 1,696 Winners

Next Scheduled Draw: 15 May 2019 at Quetta

Rs 7,500 Prize Bond

It is a prize bond with the fourth lowest denomination. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 15,000,000) – 1 Winner
  • Second Prize (Rs 5,000,000) – 3 Winners
  • Third Prize (Rs 93,000) – 1,696 Winners

Next Scheduled Draw: 2 May 2019 at Karachi

Rs 15,000 Prize Bond

It is a prize bond with the sixth lowest denomination. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 30,000,000) – 1 Winner
  • Second Prize (Rs 10,000,000) – 3 Winners
  • Third Prize (Rs 185,000) – 1,696 Winners

Next Scheduled Draw: 1 April 2019 at Rawalpindi

Rs 25,000 Prize Bond

It is a prize bond with the seventh lowest denomination. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 50,000,000) – 1 Winner
  • Second Prize (Rs 15,000,000) – 3 Winners
  • Third Prize (Rs 312,000) – 1,696 Winners

Next Scheduled Draw: 2 May 2019 at Hyderabad

Rs 40,000 Prize Bond

It is a prize bond with the highest denomination and a better option for big investors. In each draw, total 1,700 winners win prizes. Numbers of winners are 1, 3, and 1696 for 1st, 2nd, and 3rd prize respectively. Here is the breakdown of winners:

  • First Prize (Rs 50,000,000) – 1 Winner
  • Second Prize (Rs 15,000,000) – 3 Winners
  • Third Prize (Rs 312,000) – 1,696 Winners

Next Scheduled Draw: 3 June 2019 at Faisalabad

Prize Bond Key FAQs

Here are some key frequently asked questions about the prize bonds.

Q. What is the eligibility for prize bond to be included in the draw?

Ans: Prize bonds that are issued minimum 60 days before the draw are eligible for prize winning.

Q. Is there any validity limit for prize bond?

Ans:  Prize bonds of all denominations will remain valid till the termination of scheme.

Q. What is the maximum time period for prize claim?

Ans: 6 Years is the maximum duration to claim the prize.

Q. Is there any tax will be deducted on the prize amount?

Ans: Yes, the tax will be 25% for non-filers. However, people who are filer will give only 15% tax.

Q. What is a procedure to claim the prize?

Ans: You can claim the prize by submitting a claim form along with the copy of your Computerized National Identity Card (CNIC) to the State Bank of Pakistan (SBP).

Q. What is a procedure to avail the claim form?

Ans: All State Bank of Pakistan branches provide claim form. In addition, it can also be downloaded from the website.

Prize Bond Draw Schedule for 2019

Here is the complete prize bond draw schedule for the year 2019.

Prize Bond Draw Date Draw No City Name
15000 02-01-2019 77 Karachi
750 15-01-2019 77 Peshawar
25000 01-02-2019 28 Muzaffarabad
7500 01-02-2019 77 Quetta
1500 15-02-2019 77 Hyderabad
100 15-02-2019 25 Faisalabad
40000 01-03-2019 77 Lahore
200 15-03-2019 77 Multan
15000 01-04-2019 78 Rawalpindi
750 15-04-2019 78 Lahore
25000 02-05-2019 29 Hyderabad
7500 02-05-2019 78 Karachi
1500 15-05-2019 78 Quetta
100 15-05-2019 26 Multan
40000 03-06-2019 78 Faisalabad
200 17-06-2019 77 Muzaffarabad
15000 02-07-2019 78 Faisalabad
750 15-07-2019 78 Karachi
25000 01-08-2019 29 Quetta
7500 01-08-2019 78 Rawalpindi
1500 15-08-2019 78 Hyderabad
100 15-08-2019 26 Peshawar
40000 02-09-2019 78 Multan
200 16-09-2019 77 Lahore
15000 01-10-2019 78 Muzaffarabad
750 15-10-2019 78 Rawalpindi
25000 01-11-2019 29 Multan
7500 01-11-2019 78 Lahore
1500 15-11-2019 78 Faisalabad
100 15-11-2019 26 Karachi
40000 02-12-2019 78 Hyderabad
200 16-12-2019 77 Peshawar

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