Prize bond draws are held every quarter, and National Savings announces the results.
In Pakistan, prize bonds come in six denominations: Rs 100, Rs 200, Rs 750, Rs 1,500, Rs 25,000, and Rs 40,000.
Prize bond draws are held quarterly, and National Savings announces the results.
Prize bond holders often ask about the claiming process. Here’s a step-by-step guide to help winners understand how to claim their prize and the time required for settlers.
| Amount | Number of days |
| Up to Rs 18,500/- | Direct Credit—TT+1 Cash—ssame day |
| Up to Rs 1,000,000/- | Five working days |
| Above Rs1,000,000/- | 15 working days |
Where can you cash prize bonds in Pakistan?
Prize bonds can be bought or cashed at State Bank of Pakistan offices, selected commercial bank branches, and National Savings Centres by submitting an application form and a copy of your CNIC.
| Prize money | Claimable at | Claimable at | Claimable at |
| Up to Rs 1,250/- | SBP-BSC Office | Commercial bank* | National Savings Centre |
| Up to Rs 500,000/- | SBP-BSC Office | Commercial bank* | — |
| Above Rs500,000/- | SBP-BSC Office | — | — |
*Prize money submitted at a commercial bank may be subject to two types of charges, i.e., 1) the bank’s service charges and 2) CIT charges.
How do I claim prize bond money?
After confirming your bond number on the list, fill out the claim form and submit it with a copy of your CNIC to the State Bank of Pakistan.
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Claims for prize money should generally be submitted three or four working days after the draw. The maximum period to claim a prize is six years from the draw date.
