Rs 1,500 Prize Bond Draw: First and Second Prize Winners Announced
LAHORE – The winners of the latest Rs 1,500 Prize Bond draw have been announced, bringing excitement to thousands of investors across Pakistan. The lucky winners of the first and second prizes have won significant amounts, making the prize bond scheme one of the most attractive risk-free investment opportunities in the country.
Prize bonds are a popular savings option in Pakistan, offering a chance to win substantial cash prizes through regular draws conducted by the Central Directorate of National Savings (CDNS). The best part? Investors don’t face any financial loss, as the original investment remains secure while offering opportunities to win big.
How to Buy Rs 1,500 Prize Bonds in Pakistan?
Purchasing a Rs 1,500 Prize Bond is straightforward. Any Pakistani citizen can buy these bonds from:
- State Bank of Pakistan (SBP-BSC) offices
- Designated commercial bank branches
- National Savings Centers
To buy a prize bond, investors must provide a valid CNIC (Computerized National Identity Card) and fill out an application form. Unlike other investment options, prize bonds do not yield monthly or annual interest but provide the chance to win big through regular draws.
Claiming Prize Money: Steps for Winners
If you hold a winning Rs 1,500 Prize Bond, you can claim your prize by following these simple steps:
- Visit an SBP-BSC field office, designated commercial bank, or National Savings Center.
- Fill out the prescribed claim form and attach a copy of your CNIC.
- Submit the winning bond for verification.
- After successful verification, collect your prize money.
Winners must claim their prizes within six years from the draw date. The prize amount is subject to government taxes, with a 15% withholding tax for filers and 30% for non-filers.
Rs 1,500 Prize Bond Draw Process: Transparency and Fairness
The Rs 1,500 Prize Bond draw is conducted under the supervision of a special committee formed by the Central Directorate of National Savings (CDNS). The draw is open to the public and follows a transparent process.
A Hand Operated Draw Machine is used to select the winners. This machine is operated by special children, ensuring fairness and eliminating the possibility of manipulation. The entire draw process takes place in front of committee members and the general public.
Next Rs 1,500 Prize Bond Draw: When and Where?
The next Rs 1,500 Prize Bond draw is scheduled for February 17, 2025. This draw will be held at the National Savings Centre in Multan. Investors who have purchased Rs 1,500 bonds should keep their bond numbers safe and check the results after the draw announcement.
Rs 1,500 Prize Bond Prize Money Breakdown [Feb 2025]
According to the latest update from the State Bank of Pakistan (SBP), the prize money for the Rs 1,500 Prize Bond winners is as follows:
Prize | No. of Winners | Prize Money (PKR) |
---|---|---|
First Prize | 1 Winner | Rs 3,000,000 (3 million) |
Second Prize | 3 Winners | Rs 1,000,000 (1 million) |
Third Prize | 1,696 Winners | Rs 18,500 per winner |
These amounts provide a great incentive for individuals to invest in prize bonds, making them a smart choice for risk-free financial growth.
Final Thoughts
The Rs 1,500 Prize Bond is a fantastic way to invest while also having the chance to win exciting cash prizes. The transparent and fair draw process ensures equal opportunities for all investors. Whether you are a seasoned investor or just starting, prize bonds offer a safe and rewarding financial option in Pakistan.
With the next draw happening on February 17, 2025, now is the perfect time to buy a Rs 1,500 Prize Bond and test your luck!
FAQs
1. How can I check the Rs 1,500 Prize Bond draw results?
You can check the draw results on the official State Bank of Pakistan (SBP) website, National Savings Centers, or through local newspapers.
2. What is the validity period for claiming the prize money?
Winners have six years from the draw date to claim their prize money.
3. Can non-Pakistani residents buy Rs 1,500 Prize Bonds?
No, only Pakistani citizens with a valid CNIC can purchase prize bonds.
4. How much tax is deducted from the prize money?
For tax filers, 15% of the prize money is deducted, while non-filers face a 30% tax deduction.
5. When is the next Rs 1,500 Prize Bond draw?
The next draw is scheduled for February 17, 2025, at the National Savings Centre, Multan.