(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 denominations | Benefits |
Rs.100 | Most affordable one for beginners with a small investments |
Rs.200 | A slight higher chance to win large prize |
Rs.750 | Good balance between affordability and potential prize money |
Rs.1500 | Higher potential return and probability of winning substantial prizes |
Rs.3000, Rs.7500, Rs.15000, & Rs.40000 | An 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
Prize | No.of.Winners | Prize Amount |
First Prize | 1 | Rs.1,500,000 |
Second Prize | 3 | Rs.500,000 |
Third Prize | 1,696 | Rs.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.