Prize Bond Date of Issue is Key for Claims & Purchases – Here’s Why

Prize bonds are a popular investment option in Pakistan, offering the opportunity to win substantial cash prizes while earning interest on your investment. Issued by the National Savings Central Directorate (NSCD), these bonds are available in various denominations, including Rs100, Rs200, Rs750, Rs1500, Rs25000, and Rs40000.

Once you purchase a bond, it enters a monthly draw with multiple cash prizes awarded. The prize structure varies by denomination, with higher denomination bonds generally providing a greater chance of winning larger prizes. Common prizes include:

• First Prize: Millions of rupees
• Second Prize: Hundreds of thousands of rupees
• Third Prize: Tens of thousands of rupees

Importance of the Date of Issue:

The date of issue is crucial for claiming prize money from prize bonds. Only those prize bonds purchased at least two months before their respective draw are eligible for prize money.