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The Premium Prize Bonds Draw is a lottery system in Pakistan where the Premium Prize Bonds have an opportunity of winning cash. The draw schedule for the year 2024 has been published online but normally, the information is made available at the end of the year 2024.
Premium Prize Bonds Draw Schedule 2024
It is a lottery in Pakistan named Premium Prize Bonds Draw and the people who have Prize Bonds, get their chance to win through cash.
- Copy of CNIC.
- Account Maintenance Certificate ( A/C title, IBAN, status of a/c, Bank & Branch Name).
- Tax Certificate in the Case of Filer.
- Nominee CNIC detail.
The Premium Prize Bonds Draw is a lottery plan in Pakistan, which provides people with hope to win cash prizes if they are holders of Premium Prize.
National Premium prize bond Rs 40,000 Prizes
The First Prize is eight Core Rupees (80000000) with an annual Profit of 3% per anum, 2nd prize is Three Core(30000000) Rupees, and the third prize is Five Lac Rupees(500000) drawing no20 rs 40000 premium. result of draw no 20 rs 40000 today 1st 2nd.
To qualify for the draw, one has to obtain Premium Prize Bonds bought from a National Savings Centre. I should note that the bonds are available in different amounts, and each bond has its number. The processes involve taking lucky numbers through the applications of a random number generator to determine the winning bonds.
Download the prize bond schedule for 2024
The history of these bonds has only been extended for encashment, but the process of withdrawal and return of the bonds will remain the same.
Download the prize bond schedule
The account will be transferred and the bearer who wants to return the certificates and bonds to obtain the registered bonds and certificates will have to adopt the registration procedure for registration of the registered bonds and provide the necessary documents under all procedural procedures.
The government had terminated the bearer holding bonds worth Rs 40,000 and granted those who had old bonds till March 31, 2020, to repatriate the bonds or transfer them to the registered bonds, which expired yesterday.
The Central Directorate of National Savings (CDNS) initiated a new registered prize bond scheme called “PREMIUM PRIZE BONDS (REGISTERED)” parallel to the National Prize Bonds Scheme. Contrary to the National Prize Bonds (bearer), the Premium Prize Bond is a registered prize bond that is issued in the identity of the registered investor.
The investor receives six-monthly earnings on funding at a price notified with the aid of the Government of Pakistan from time to time in addition to eligibility for prize money in quarterly draws, problem to compliance to shut length requirements.
The Office of Issue is the SBP Banking Services Corporation (SBP BSC) Office from where the Premium Prize Bond is issued. the Premium Prize Bond is now not a product of the State Bank of Pakistan. The Premium Prize Bond Scheme is initiated by the Central Directorate of National Savings (CDNS) and Bonds are issued as a Central Government Debt. All policy-related matters/rules about this scheme are devised by using the CDNS in coordination with SBP BSC.
The SBP BSC acts as an agent to the Government for the management of this scheme. Each bond has a unique alpha-numeric range the place where the alpha denotes the sequence and the wide variety displays bond serial numbers e.g. A123456. The sequence of prize bonds shall be issued in sequential order except I & O which will no longer be used as a series. Each sequence of bonds consists of one much less than a million portions of bonds i.e. from 000001 to 999,999.
