prize bond available in state bank Prize Bonds - Prize BondPrice bonds can be returned at any commercial bank branch Prize Bonds: Your Guide to Purchasing and Managing Them at the State Bank of Pakistan

Onlineprize bondcheck 200 Prize Bonds are a popular savings instrument in Pakistan, offering individuals the chance to win substantial prizes while retaining their principal investment.Prize bonds: State Bank`s clarification Understanding where and how to acquire these bonds is crucial for interested investors. This article provides comprehensive information on prize bond available in state bank, their denominations, purchasing procedures, and important considerationsPremium Prize Bond Branch List | PDF.

What are Prize Bonds?

Prize Bonds are government-issued bearer securities that do not offer any interest. Instead, they participate in regular draws where holders can win significant cash prizesNationalBankof Pakistan, AlliedBank, UnitedBankLimited, MCB, andBankAlfalah are the only authorizedbanksthat providePrize bondsin Pakistan.. These financial instruments are managed by the State Bank of Pakistan (SBP) and its subsidiary, the SBP Banking Services Corporation (SBP BSC). The State Bank plays a pivotal role in their issuance, redemption, and prize draw management.

Denominations and Types of Prize Bonds

Various denominations of Prize Bonds are available to cater to different investment capacities. Historically, denominations like Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 7500, Rs. 15000, Rs. 25000, and Rs.SBPBankingServices Corporation. Authorized CommercialBanksto Deal in PremiumPrize Bonds(Registered). S No.BankName. Branches. 1. NationalBankof ... 40000 have been issued.NationalBankof Pakistan, AlliedBank, UnitedBankLimited, MCB, andBankAlfalah are the only authorizedbanksthat providePrize bondsin Pakistan. For instance, the State Bank of Pakistan News periodically announces deadlines for the redemption of older denominations such as Rs. 7500, Rs. 15000, Rs. 25000, and RsHere is full list of Rs1,500 prize bond winners for February .... 40000.

More recently, the Central Directorate of National Savings (CDNS) introduced the Premium Prize Bonds (Registered) scheme. These registered prize bonds are available in denominations of Rs. 25,000 and RsPayment of Prize Money for National Prize Bonds. 40,000Registered PremiumPrize Bondwould be issued for denomination “25,000” & “40,000”. SOPs of PremiumPrize Bond, application forms, annexures for reporting and .... Such schemes aim to enhance the security and transparency surrounding these investments7天前—The National Savings Centre in Lahore has announced the winners of the Rs1,500prize bonddraw for February 2026. As per theState Bankof ....

Where to Purchase Prize Bonds

A key aspect of the prize bond available in state bank query is understanding the purchasing channels.Prize Bonds You can purchase Prize Bonds by visiting:

* State Bank of Pakistan (SBP) offices: These include the head office and various branches of the SBP BSC.

* Authorized commercial banks: A wide network of commercial banks across Pakistan are authorized to deal in Prize Bonds. The State Bank provides lists of these authorized banks. Examples of such banks include National Bank of Pakistan, Allied Bank, United Bank Limited, MCB, and Bank Alfalah, as well as Bank AL Habib, which has been authorized to increase the outreach of the Premium Prize Bond scheme.How to Purchase? | Ireland State Savings The Consolidated List of Branches for Premium Prize Bonds details specific branches in major cities like Karachi, Lahore, and Islamabad where these can be purchasedFrequently Asked Questions on Prize Bonds - State Bank of Pakistan.

* National Savings Centers: These centers, often affiliated with the CDNS, also offer Prize Bonds. The Central Directorate of National Saving (Head office), located in G-6/4 Melody Market, Islamabad, is a primary point of contact for national savings schemes.

For the Premium Prize Bonds (Registered), purchase can be made from offices of the State Bank of Pakistan (BSC) and authorized branches of commercial banks.

The Purchasing Process

To purchase Prize Bonds, individuals typically need to submit an Application for Purchase/Encashment of National Prize BondFrequently Asked Questions on Prize Bonds - State Bank of Pakistan. While specific documentation can vary, it's advisable to check the latest requirements with the selling institution. For registered premium bonds, specific application forms and annexures for reporting are required. It is important to note that there might be minimum and maximum purchase limits.The last date for the redemption of NationalPrize Bondsof Rs.7500, Rs.15000, Rs.25000, and Rs.40000 issued by the Government of Pakistan ... For instance, in some international contexts, Prize Bonds are available in units with minimum purchase requirements (eFrequently Asked Questions on Prize Bonds - State Bank of Pakistan.g., €25) and maximum purchase limits (e.g., €250,000.Can be purchased from offices of State Bank of Pakistan (BSC) and authorized branches of commercial banks. Following Documents are required for Premium Prize ...00).

Understanding Prize Draw and Claim Procedures

Prize Bonds participate in draws held periodically. The State Bank publishes draw schedules and lists of winning numbers online. You can check your Prize Bond 2026 status and results by visiting authorized outlets or checking online portals.

For claiming prize money, the State Bank of Pakistan (SBP) has specific directives. For instance, prize money claims up to Rs.You can purchase Prize Bonds by visiting any local bank, National Savings or State Bank officesacross Pakistan to purchase the bonds. Q. What if my bonds are ... 500,000 against winning National Prize Bonds can be processed as per SBP directives. For winning amounts of Rs.The last date for the redemption of NationalPrize Bondsof Rs.7500, Rs.15000, Rs.25000, and Rs.40000 issued by the Government of Pakistan ... 10,000 or more, the SBP BSC offices may retain the prize money for a period of six years from the date of the draw. The prize bond claim procedure is clearly outlined on official websites and at designated branches.

Important Considerations

* Investment Risk: While the principal amount of a Prize Bond is safe, its purchasing power can be eroded by inflation over timeConsolidatedListBranches-PPB.pdf. Unlike traditional investments, Prize Bonds do not yield interest.

* Security: Prize Bonds are bearer instruments, meaning whoever possesses the bond is considered its owner. Therefore, safe custody is paramount.

* Redemption: Holders can redeem their Prize Bonds at any time from authorized branches of commercial banks or State Bank offices. The bonds can be returned at any commercial bank branch, including the State Bank's head officeNationalBankof Pakistan, AlliedBank, UnitedBankLimited, MCB, andBankAlfalah are the only authorizedbanksthat providePrize bondsin Pakistan..

Investing in Prize Bonds offers a unique blend of savings and potential rewards. By understanding the availability, purchasing procedures, and claim processes related to prize bond available in state bank, individuals can make informed decisions about this popular financial product.