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Home You can still redeem your prize bonds in these denominations

You can still redeem your prize bonds in these denominations

Staff Report by Staff Report
October 12, 2024
in Business, Featured
Rs40000 Prize Bond Draw List – June 10, 2024

In a major development, the State Bank of Pakistan (SBP) has notified an extension in the encashment date for prize bond holders.

According to details, those having prize bonds of 7,500, 15,000, 25,000, and 40,000 denominations can redeem their bonds till December 31, 2024.

Prize bond encashment date 2024

The prize bond encashment deadline has been extended from the original cutoff date of June 30, 2024 after the government announced it was discontinuing prize bond in said denominations to prevent illegal parking of wealth.

The central bank also said that bonds of Rs 25,000 and Rs 40,000 can be converted into premium prize bonds or exchanged for special savings certificates or defense savings certificates.

Commercial banks have been directed to process applications for cashing or exchange of bonds by the new deadline.

Prize bond draw schedule 2024 in Pakistan

Draw No.Prize BondsDraw DateCity
#97Rs75015 January, 24SIALKOT
#45Rs10015 February, 24PESHAWAR
#97Rs150015 February, 24LAHORE
#13Rs2500011 March, 24KARACHI
#28Rs4000011 March, 24FAISALABAD
#97Rs20015 March, 24MUZAFFARABAD
#98Rs75015 April, 24HYDERABAD
#46Rs10015 May, 24LAHORE
#98Rs150015 May, 24KARACHI
#14Rs2500010 June, 24PESHAWAR
#29Rs4000010 June, 24MULTAN
#98Rs20017 June, 24RAWALPINDI
#99Rs75015 July, 24QUETTA
#47Rs10015 August, 24KARACHI
#99Rs150015 August, 24MULTAN
#15Rs2500010 September, 24HYDERABAD
#30Rs4000010 September, 24LAHORE
#99Rs20016 September, 24PESHAWAR
#100Rs75015 October, 24FAISALABAD
#48Rs10015 November, 24MULTAN
#100Rs150015 November, 24RAWALPINDI
#16Rs2500010 December, 24QUETTA
#31Rs4000010 December, 24MUZAFFARABAD
#100Rs20016 December, 24SIALKOT
Keep checking back with Safety&SecurityToday for latest updates on prize bond draw and results.
Tags: prize bondprize bond draw schedule 2024prize bond encashment date 2024State Bank of Pakistan
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