Prize Bond is the best investment in Pakistan, it is considered as the Gold Investment and it is a bearer type of investment security, which gives no premium or profit. Prize bond are available in the denominations of Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 7500, Rs. 15,000, Rs. 25000, Rs. 40,000 and Rs. 40000 Premium Bonds
Prize Bond is basically a lottery bond offered by the National Savings Pakistan (Ministry of Finance) and issued on behalf of the Government of Pakistan.
Prize Bonds in Pakistan are issued in proper series, and every series is limited to 1,000,000 bonds (one million numbers). Every draw is held quarterly, however no interest or profit is given on these bonds. Every quarter the lucky winners are announced via lucky draws. These lucky draws are held in major cities of Pakistan, about 36 times annually. According to numbers, every year 70,600 Pakistanis win Rs. 1.6 billion rupees in prize money.
Prize Bond in Pakistan are available in the following denominations
Prize Bonds Denomination List
|Amount||1st Prize||Prizes||2nd Prize||Prizes||3rd Prize||Prizes|