Rs 40000 Premium Prize Bond Registration and Complete Detail. Finance Minister Ishaq Dar has inaugurated the premium prize bond worth Rs 40,000 with features of monthly profit and prize of Rs 80 million on draw basis. Premium prize bond will be issued in the name of the investor with direct crediting facility of prize money and profit into investor’s bank account.
It will be available for sale to individuals, public and private institutions except banks, insurance companies and mutual funds through State Bank branches in Islamabad, Lahore, Karachi, Peshawar and Quetta. Addressing the ceremony, Finance Minister Ishaq Dar said that the premium bond will yield profit every six months.
Rs 40000 Premium Prize Bond Registration and Complete Detail
Today Government of Pakistan National Savings Department is issuing a prize bond of new features. These prize bonds will be registered with owner name. This is an important step toward documentation of economy.
Balloting will be held after every three months. The prizes will be given through the bank account of the purchaser. Registration will do for each prize bonds and its owner. The amount of prize bond is 40,000 rupees.
1st Prize is Rs. 8 Crore
How to Register?
Registration will be done in state bank of Pakistan in Lahore, Karachi, Islamabad, Peshawar and Quetta.