Prize Bond Schedule for September 2024: Detailed Overview
Prize bonds are one of the most popular and secure investment vehicles in Pakistan. These bonds not only safeguard your capital but also give you the chance to win substantial cash prizes through periodic draws. Each draw offers multiple chances to win, with first, second, and third prizes awarded to different participants. The National Savings Bank of Pakistan oversees the administration of these draws and releases a detailed schedule each year for Prize Bond Schedule for September 2024.
Understanding the Prize Bond Draws
Prize bonds are issued in various denominations, and each denomination has its own scheduled draw. The draws are conducted every three months for each denomination, meaning there are several opportunities each year to win. For September 2024, three significant draws are scheduled, offering different prize amounts depending on the denomination of the bond.
September 2024 Draw Schedule
The prize bond draws for September 2024 are as follows for Prize Bond Schedule for September 2024:
| Draw # | Prize Bond Denomination | Date | Day | City | Status |
|---|---|---|---|---|---|
| #15 | 25,000 PKR | 10 Sep 2024 | Tuesday | Hyderabad | Upcoming |
| #30 | 40,000 PKR | 10 Sep 2024 | Tuesday | Lahore | Upcoming |
| #99 | 200 PKR | 16 Sep 2024 | Monday | Peshawar | Upcoming |
Breakdown of Each Draw
- Draw #15 – 25,000 PKR Prize Bond (Hyderabad)
- Date: September 10, 2024
- Day: Tuesday
- City: Hyderabad
- Details: This draw is specifically for the 25,000 PKR prize bond holders. It offers significant prizes, including a grand prize of 50 million PKR for the first place, followed by second and third prizes for multiple winners.
- Draw #30 – 40,000 PKR Prize Bond (Lahore)
- Date: September 10, 2024
- Day: Tuesday
- City: Lahore
- Details: Held in Lahore on the same day as the 25,000 PKR draw, this event is for the 40,000 PKR denomination. The grand prize for this draw is a whopping 75 million PKR, making it one of the most lucrative opportunities for prize bond holders.
- Draw #99 – 200 PKR Prize Bond (Peshawar)
- Date: September 16, 2024
- Day: Monday
- City: Peshawar
- Details: This draw is for smaller denomination bonds, specifically 200 PKR. Despite the smaller denomination, the prizes are still substantial, with the first prize being 750,000 PKR.
Prize Bond Winning Amounts for 2024
Here’s a breakdown of the winning amounts for various prize bonds:
| Prize Bond | No. of Prizes | Winning Amount (PKR) | Prize Category |
|---|---|---|---|
| 100 | 1 | 700,000 | 1st Prize |
| 100 | 3 | 200,000 | 2nd Prize |
| 100 | 1,199 | 1,000 | 3rd Prize |
| 200 | 1 | 750,000 | 1st Prize |
| 200 | 5 | 250,000 | 2nd Prize |
| 200 | 2,349 | 1,250 | 3rd Prize |
| 750 | 1 | 1,500,000 | 1st Prize |
| 750 | 3 | 500,000 | 2nd Prize |
| 750 | 1,696 | 9,300 | 3rd Prize |
| 1,500 | 1 | 3,000,000 | 1st Prize |
| 1,500 | 3 | 1,000,000 | 2nd Prize |
| 1,500 | 1,696 | 18,500 | 3rd Prize |
| 7,500 | 1 | 15,000,000 | 1st Prize |
| 7,500 | 3 | 5,000,000 | 2nd Prize |
| 7,500 | 1,696 | 93,000 | 3rd Prize |
| 15,000 | 1 | 30,000,000 | 1st Prize |
| 15,000 | 3 | 10,000,000 | 2nd Prize |
| 15,000 | 1,696 | 185,000 | 3rd Prize |
| 25,000 | 1 | 50,000,000 | 1st Prize |
| 25,000 | 3 | 15,000,000 | 2nd Prize |
| 25,000 | 1,696 | 312,000 | 3rd Prize |
| 40,000 | 1 | 75,000,000 | 1st Prize |
| 40,000 | 3 | 25,000,000 | 2nd Prize |
| 40,000 | 1,696 | 500,000 | 3rd Prize |
How to Check Prize Bond Results
There are several methods to check if you’ve won in a prize bond draw:
1. National Savings Centers:
You can visit any National Savings center to verify your prize bond. The staff will assist you in checking if your bond is a winner. Many centers also display the winning numbers on notice boards.
2. Online:
The easiest way to check your prize bond results is online. Visit the official National Savings website or other reputable financial websites that publish the latest draw results. Enter your bond’s serial number to see if you’ve won.
3. Newspapers:
Prize bond draw results are often published in major newspapers the day after the draw. Look for the dedicated section on prize bonds and scan the list for your number.
By keeping track of these details, you can stay on top of your prize bond investments and increase your chances of winning.
How to Prepare for the Draws
To participate in the draws, you must hold a valid prize bond of the relevant denomination. Here are some steps to prepare:
- Verify Your Bonds: Ensure your prize bonds are registered and kept in a safe place. Double-check the serial numbers against the draw schedules.
- Stay Informed: Mark the draw dates on your calendar. Keeping track of these dates ensures you won’t miss the chance to check if you’re a winner.
- Check the Draw Results: On the day of the draw, results are typically announced by the National Savings Bank and can be checked through various channels, including online platforms, newspapers, or by visiting a National Savings Center.
- Claim Your Prize: If you win, it’s important to claim your prize within six years of the draw date. Visit a National Savings Center or a designated bank branch to claim your prize. You’ll need to present the original prize bond and identification documents.
Additional Information on Prize Bonds
Winning Amounts:
Prize bonds offer different winning amounts depending on the denomination. For instance, a 100 PKR bond offers a first prize of 700,000 PKR, while a 40,000 PKR bond offers a grand prize of 75 million PKR.
Frequency of Draws:
Draws are conducted every quarter, so even if you miss the September 2024 draws, there will be other opportunities throughout the year.
Taxation on Prizes:
It’s important to note that prizes won through prize bonds are subject to a withholding tax in Pakistan. The rate may vary depending on whether you are a filer or a non-filer with the tax authorities.
Final Thoughts
The prize bond draws scheduled for September 2024 present an exciting opportunity for bondholders. Whether you’re holding a 200 PKR bond or a 40,000 PKR bond, the potential rewards are significant. By staying informed and checking your bond numbers against the announced results, you could be one of the lucky winners.
Make sure to prepare ahead of time, keep track of the dates, and participate in this thrilling opportunity to win big while keeping your investment safe.
