National Savings Bonds FAQs
Presently, the Govt. of Pakistan is offering prize bonds having face value:
All prize bonds issued at least 60 days prior to the draw date are entitled for winning a prize.
The Schedule of draw contains Draw No, Place & date of draw.
A prize bond remains valid till the scheme termination.
Maximum time period to avail the prize is six years from the date of draw.
30% in the case of non-filers
15% for filers against the prize money is deducted at source at the time of payment of prize money.
To claim for your prize, you need to fill in the claim form and submit it along with a copy of your NIC to the State Bank of Pakistan. The claim form is also available at our website for downloading.
60 days prior to a draw, the State Bank and other authorized organization stop selling the prize bonds of that particular denomination. This period of 60 days is called the shut period. Usually prize bonds are traded at open market rates during this time.
You can buy and sell these instruments from any National Savings Centers, State Bank of Pakistan before shut period.
State Bank of Pakistan issues a schedule of draw dates for each year which is available at www.savings.gov.pk full details.
The prize money up to Rs. 1,250/- can be claimed from any National Savings Centre, branches of authorized scheduled banks or branches of the State Bank of Pakistan. Prize money exceeding Rs. 1,250/- can be claimed only from the branches of the State Bank of Pakistan.
To claim the prize money, fill the prescribed Form available at
along-with following documents.
- Photocopy of valid CNIC
- Winning prize bond (original)
- Photo copy of the prize-winning bond duly signed by the applicant on back side.
No, there are no charges.
The claim can be lodged usually after 3 or 4 working days from the date of draw and within six years from the date of relevant draw.
Yes, Subject to clearance under rules.
Prize bond draw is held by a committee constituted by Central Directorate of National Savings and open to general public. Winning prize bonds are drawn through Hand operated draw machine, which is usually operated by special children in front of Committee members and general public attending the draw ceremony. Draw machine is also checked by general public before the start of draw.
Yes, general public may also attend the prize bond draw ceremony on production of original CNIC.
One less in one million (999,999)
Prize bonds can be purchased and encashed in any quantity at all field offices of SBP BSC (Bank), office of National Saving Centers, and designated branches of commercial banks.
No, there is no limit.
To present original prize bond at the counters of SBP BSC Offices, Commercial Banks and National Savings Centers and get face value thereof.
Only those prize bonds qualify for prize money, which have been issued two months prior to their respective draw.
The claim can be lodged usually after 4 to 5 working days from the date of draw and within six years from the date of relevant draw.
Claim against prize bond winning in two different draws can be lodged at the same time against two separate claim application by the holder within the period of Six years from the date of its relevant draws.
Big investors invest in huge amounts and buy more prize bonds; therefore their probability of winning prize money is greater than the individual who buys a single prize bond. However, draw is held separately for each prize and small investor can win big prize.
The chances of winning Prize Money is always there but cannot be ensured.
Due to preliminary preparation printing, dispatch of list of prize winning bonds to all concerned NSCs which usually take three to four days.
Prize bond is a bearer instrument. Its ownership belongs to the holder of the instrument just like currency notes.