The Prize Bond Schedule for the year 2023, spanning from January to December, has been released. This schedule provides comprehensive information about the denomination amount of the prize bonds, the dates and cities of the draws, and the draw numbers. It is important to note that the schedule may be subject to changes if a public holiday falls on a draw date. In such cases, the draw will be rescheduled to the next available date.
Prize bonds are a type of lottery bond or non-interest type of security bond issued by the Minister of Finance. They hold significant importance worldwide and provide an opportunity for individuals with low and average incomes to try their luck. The draws for these bonds are organized by the National Savings Organization in various cities across Pakistan.
Prize bond Schedule 2023
| PRIZE BOND | DRAW DATE | DAY | CITY |
|---|---|---|---|
| Rs. 750/- | 16 January 2023 | Monday | Karachi |
| Rs. 1500/- | 15 February 2023 | Wednesday | Quetta |
| Rs. 100/- | 15 February 2023 | Wednesday | Rawalpindi |
| Rs. 40,000/- | 10 March 2023 | Friday | Multan |
| Rs. 25,000/- | 10 March 2023 | Friday | Hyderabad |
| Rs. 200/- | 15 March 2023 | Wednesday | Faisalabad |
| Rs. 750/- | 17 April 2023 | Monday | Peshawar |
| Rs. 1500/- | 15 May 2023 | Monday | Lahore |
| Rs. 100/- | 15 May 2023 | Monday | Multan |
| Rs. 40,000/- | 12 June 2023 | Monday | Muzaffarabad |
| Rs. 25,000/- | 12 June 2023 | Monday | Faisalabad |
| Rs. 200/- | 15 June 2023 | Thursday | Quetta |
| Rs. 750/- | 17 July 2023 | Monday | Rawalpindi |
| Rs. 1500/- | 15 August 2023 | Tuesday | Peshawar |
| Rs. 100/- | 15 August 2023 | Tuesday | Karachi |
| Rs. 40,000/- | 11 September 2023 | Monday | Quetta |
| Rs. 25,000/- | 11 September 2023 | Monday | Sialkot |
| Rs. 200/- | 15 September 2023 | Friday | Hyderabad |
| Rs. 750/- | 16 October 2023 | Monday | Muzaffarabad |
| Rs. 1500/- | 15 November 2023 | Wednesday | Faisalabad |
| Rs. 100/- | 15 November 2023 | Wednesday | Lahore |
| Rs. 40,000/- | 11 December 2023 | Monday | Karachi |
| Rs. 25,000/- | 11 December 2023 | Monday | Rawalpindi |
| Rs. 200/- | 15 December 2023 | Friday | Multan |
Prize Bonds Complete Denomination List
The denominations of the prize bonds available in Pakistan range from Rs. 100 to Rs. 40,000. These include Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 7500, Rs. 15,000, Rs. 25,000, and Rs. 40,000 Premium Bonds. The winning amounts for these bonds vary, with the first prize for the Rs. 40,000 Premium Bond being the highest at Rs. 80,000,000.
The Prize Bond Draw Schedule for 2023 is updated annually with the dates and cities where the draws will be held. No draws are conducted on Saturdays and Sundays due to public holidays. The schedule is made available online before the start of the year by the National Savings Organization.
Prize bonds cannot be purchased online. They can be bought from any local bank, National Savings, or State Bank offices across Pakistan. It’s crucial not to trust any online dealer claiming to sell these bonds.
Winners of the prize bonds have a maximum of six years from the date of the draw to claim their prize. However, it’s important to note that winning a prize bond is subject to tax. The tax rate is 15% for FBR NTN holders (filers) and 25% for non-tax filers.
Conclusion
Prize Bond Schedule for 2023 provides a detailed guide for those interested in participating in this lottery system. It offers a chance for individuals to win substantial amounts while also contributing to the national savings of Pakistan.
