Monday , October 21 2019

National Savings Premium Prize Bond 40000

Premium Prize Bond 40000 in Pakistan

The Government of Pakistan has launched first ever registered Premium Prize Bond of Rs 40,000 denominations. Finance Minister Ishaq Dar has inaugurated the Prize bond and ceremony is held in Islamabad.

Previous, unregistered bonds of Rs.25, 000 and Rs.40, 000 denominations were existing in the market.

Benefits Of Premium Prize Bond 40000:

This premium prize bond gives some hope to the prize bond investors who would go empty handed before this at the end of the year. Premium Prize Bond details are given below on this page here.

3% Interest rate.

1st Customer of Premium Prize Bond (Regd).

Rs.80 million is the first prize for this premium bond of Rs.40,000, whereas after six months, profit on the bond will also be paid to the holders.

Bond prize will be directly transferred in the account of the winner instead of publishing his name in the newspaper.

 Rs 40,000 denominations

Features of Premium Prize Bond of Rs. 40000:

Salient Features
Availible in Rs.40000/- Denomination
Registered in the Name of Invester
Quarterly Prize Bond Money Draw as well as Bi-Annual.
For Individual, Public and Private Sector Institutions(Except Banks,Insurance Companies and Mutual Funds)
Direct Credit of Prize Money and Profit in Invester’s Banks Account. No application forms required for claiming Prize Money or Profit.
Can be Purchased through cash, cheque, Pay-Order and Bank Draft from offices of State Bank of Pakistan Banking Services Corporation.
Hightest prize of Rs.80,000,000/-
Unlimited Investment and Tenure
WHT applicable & Exempt from Zakat.
Transferable & Pledge able