Rs. 200 Prize Bond List 2024
The Rs 200 Prize Bond is a government-issued financial instrument designed to offer a secure savings option combined with the thrill of winning prizes through quarterly lucky draws. Rs. 200 Prize Bond is a favored choice among the public due to its affordability and accessibility.
The Origin of Prize Bonds in Pakistan
Introduced in 1960 by the Central Directorate of National Savings (CDNS), prize bonds have grown in popularity as a risk-free investment. The Rs. 200 Prize Bond is part of a broader series aimed at encouraging savings while providing opportunities to win substantial prizes. Draws are conducted transparently, overseen by the National Savings Committee, and often involve public participation.
Draw Schedule for Rs 200 Prize Bond
The Rs. 200 prize bond draws are held four times annually, typically on:
- March 15th
- June 15th
- September 15th
- December 15th
If the date falls on a public holiday, the draw takes place the following day. These events are hosted in various major cities across Pakistan, making them accessible to participants nationwide.
Prize Structure
The rewards for the Rs 200 Prize Bond are categorized into three tiers:
- 1st Prize: Rs. 750,000 (1 winner)
- 2nd Prize: Rs. 250,000 (5 winners)
- 3rd Prize: Rs. 1,250 (2,395 winners)
This structured system ensures that a significant number of participants have a chance to win.
How to Claim Your Prize
To claim winnings, follow these steps:
- Visit the State Bank of Pakistan for amounts up to Rs. 1,250.
- Visit a National Savings Centre for amounts exceeding Rs. 1,250.
Required Documents:
- Original prize bond.
- A photocopy of the prize bond signed on the back.
- Original CNIC of the claimant.
Winners must claim their prizes within six years of the draw date. Tax deductions apply: 15% for tax filers and 25% for non-filers.
Advantages of Investing in Rs. 200 Prize Bond
- No Risk: Prize bonds are not affected by market fluctuations.
- Unlimited Purchase: Buy as many bonds as you like without restrictions.
- Fixed Value: Bonds can be sold at their original value when needed.
- Long-Term Validity: Bonds remain valid unless the scheme is officially terminated.
Unlike other investment options, prize bonds carry no direct financial risk while offering exciting rewards through draws.
Important Notes
- Prize bonds must be kept securely, as lost or stolen bonds cannot be replaced or refunded.
- Winning results are announced through official platforms, including the National Savings website and mobile apps.
- Winners are encouraged to claim promptly to avoid delays.