Update on Rs.750 Prize Bonds draw date in Pakistan

update on rs 750 prize bonds draw date in pakistan

(C)ARY News,update on rs 750 prize bonds draw date in pakistan

Prize Bonds play a huge role in the savings of money by hundreds of thousands of Pakistanis without the risk of undervaluing their money. Prize Bonds are issued by the Central Directorate of National Savings (CDNS), it is a kind of lottery which comes in different denominations. Each denomination is issued with a unique number. The prize bonds can be drawn twice a month and the bond numbers which conquest will be announced. Based on the probability of winning the buyer can get money from the prize bonds. A prize bond’s  bond number that matches with the winning number can be considered for claiming a prize relying on the denomination purchased by an individual.

Types of denominationsBenefits
Rs.100Most affordable one for beginners with a small investments
Rs.200A slight higher chance to win large prize
Rs.750Good balance between affordability and potential prize money
Rs.1500Higher potential return and probability of winning substantial prizes
Rs.3000, Rs.7500, Rs.15000, & Rs.40000An ideal investment for significant prize winning.

This Prize Bond helps both the government and the common citizens of Pakistan in a secured method. It makes a considerable amount of funds for the government on the other hand it is a great platform for saving the money to any citizen in Pakistan without the risk of devaluation. Every three months, National Savings gives the participants the possibility and an opportunity to win prizes by holding the lucky draws. The next update has been given about the Rs.750 Prize Bond draw which is going to take place in Faisalabad on October 15 at the National Savings Division Office.

Prize Amounts – Rs.750 Prize Bond

PrizeNo.of.WinnersPrize Amount
First Prize1Rs.1,500,000
Second Prize3Rs.500,000
Third Prize1,696Rs.9,300

This is a popular Prize Bond for investors with risk-free chances of winning up to Rs.1.5 million. The primary benefits of investing in this prize bond includes tax-free win, safe and secured, and return of money with higher prize amounts. 

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