The government had discontinued the Rs25,000 denomination prize bonds. It will no longer issue these bonds while those in possession can be replaced with other bonds, the last date was May 31, 2021.

Why was the 25,000 bond discontinued?

Genuine investors were interested in buying the Rs25,000 bond because of the high prize money it offered, but it was also a favorite for those who wanted to wash their dirty money and dodge the taxman.

25000 Prize bond list 2021