In Pakistan, Prize Bond has been considered as the best investment. It is offered by the National Savings Pakistan. Prize bonds are drawn 36 times a year quarterly.
Each Prize Bond has its three winners each time. The lucky winners of the prize bond are being announced after lucky draws.
How it can be beneficial for the general public?
According to the reports, around 70,600 Pakistanis win almost 1.6 billion rupees every year as a prize. Prize Bond scheme is mainly designed for the poor and middle-class community of the country. It gives them a huge investment opportunity.
While investing in this scheme, the poor and middle-class people can also be able to make their desires and dreams come true.
Unlike some other schemes of this nature, the Prize Bond scheme won’t make you any harm or can make you rich overnight. However, in Pakistan, the majority of the population has not even known about it. They have no idea what this scheme is and what kind of facilities it can bring for them. Once you have got to know about it, then it can prove to be very beneficial for you in the future.
We are living in the modern era and we must avail each opportunity offered by the government of Pakistan. We must make it to the poor community to know all the details regarding Prize Bond draws. By doing this, we can secure their future.
It is worth noticing that these prize bonds and lucky draws are being held in the major cities of Pakistan including Lahore, Islamabad, Karachi, Peshawar, Rawalpindi, Muzaffarabad and many more.
When it comes to the draw dates, we cannot say anything surely as the draw dates are not the same for each year. Every year, these draw dates are being changed. A complete schedule of 2020 prize bond draws is given in this article.
How to buy a Prize Bond?
These Prize Bonds are easily accessible as well. You can buy a prize bond from a registered dealer or a scheduled bank. These prize bonds are not available online which means that you have to buy them straight from the bank or the dealer.
The online dealers of the Prize Bond can never be trusted. You can visit state bank offices, any scheduled bank, or National Savings Pakistan to buy a Prize Bond.
No Refund or Exchange Options
However, make sure that if you have lost your prize bond then there will be no refund or exchange options available for you. So, you must have to be very careful in the possession of the Prize Bond.
Denominations for Prize Bond
In Pakistan, Prize Bond can be available in many denominations that are Rs.100, Rs.200, Rs.750, Rs.1500, Rs.7500, Rs.15,000, Rs.25000, Rs.40,000. It is pertinent to note that all these prize bonds are issued in the series.
Prize Bond Schedule for 2020 Pakistan is given below.
The detailed list of these denominations and the number of the winners is given below,
Prize Bonds Denomination List
|Amount||1st Prize||Prizes||2nd Prize||Prizes||3rd Prize||Prizes|