16 May, 2024
Prize bond is considered a safe investment in Pakistan as the government is the sole governing body for it. Prize bond is prioritized by people for investing as there is no risk of losing money, but a fair chance of winning rewards. Prize bond results draw for each every 3 months and there are several bonds with different investment scales. Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 7500, Rs. 15000, Rs. 25000 and Rs. 40,000, all the prize bond schedule 2024 information is stated along with the Prize bond schedule 2024 list on this page.
NOTE:
Result of Prize Bonds Announces by State bank of Pakistan an results display at official website of National Savings Pakistan
16 May, 2024
Prize Bond is a lottery bond issued by National Savings Pakistan. It is a non-interest-bearing security that enters a prize lottery under which the owner of a randomly selected bond receives a prize payment. This is a bearer type of investment protection, which does not provide any premium or profit. Prize bond in Pakistan is financial instruments issued by the government. The government issues these bonds to raise money whenever needed. Probably the only downside for investors is that if their bonds are not issued, the rupee depreciates. We have brought up to date information about the prize bond schedule 2024
Prize Bond Pakistan
The National Savings Prize Bond Scheme was started in 1960 to borrow money from the public at low rates and give cash prizes through lucky draws. Each bond draw is held four times a year, but no interest or profit is paid on these bonds. There is no limit to the purchase of a prize bond. National Bank of Pakistan, Allied Bank, United Bank Limited, MCB, and Bank Alfalah are the only authorized banks that provide Prize bonds in Pakistan. People willing to invest can keep online prize bond check here. Prize Bond is considered to be an investment and the National Prize Bonds bearer type of security is available in under worth Rs 200, RS 750, RS 15,000, and RS 40,000 respectively.
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