Home

Prize bonds in Pakistan are a popular no-loss investment, offering people the chance to win big cash prizes without risking their whole capital. These bonds are issued and backed by the Government of Pakistan through the State Bank of Pakistan and the National Savings Organization. Anyone can purchase these bonds from their nearest commercial banks or National Savings Centers. While the face value of the bonds remains constant, their market rate can fluctuate based on the demand and the time remaining until the next draw. A key feature of prize bonds is that they can be sold back to the banks for their original price at any time, ensuring that the initial investment is completely safe.

Prize bonds and lists are available in various denominations, each with its own draw schedule and prize structure. The most common denominations are Rs. 100, Rs. 200, Rs. 750, and Rs. 1,500. Additionally, the government has introduced Premium Prize Bonds in larger denominations, such as Rs. 25,000 and Rs. 40,000, which are registered in the name of the investor. A draw is held for each denomination every three months. Although winning is a matter of luck, a single prize bond has the same chance to win a top prize as a large number of bonds. The draws are conducted in a public and transparent manner, with winning numbers announced by the State Bank of Pakistan.

When a person wins a prize, they can claim the amount by submitting the original winning bond, along with a copy of their valid CNIC, at an SBP-BSC office, a designated commercial bank branch, or a National Savings Center. The prize money is subject to a withholding tax as per government regulations. For the registered Premium Prize Bonds, the prize money is conveniently credited directly to the investor’s bank account, simplifying the process of claiming a prize. The official draw results and schedules are released by the Central Directorate of National Savings, which can be checked on their official website.