Pakistani govt has announced the details for Rs. 1500 prize bond 2023 draw 96 15 November. Prize bonds with denominations of Rs. 500, Rs. 1,000, Rs. 5,000, and Rs. 10,000 are to be introduced in subsequent phases.
1500 Prize Bond November 2023 Results
The draws for these bonds will take place every quarter or as directed by the Finance Division. National Savings will announce the draw schedule at the beginning of each calendar year, and the results will be published in the official Gazette.
1500 Prize Bond Winning Prize
|List||Number of Prize Bond||Winning Amount||Prize|
|1500 Prize Bond||01||Rs3000000||First Prize|
|1500 Prize Bond||03||Rs1000000||Second Prize|
|1500 Prize Bond||1696||Rs18,500||Third Prize|
Prize Bonds in Pakistan are regulated by the State Bank and are non-interest-bearing securities issued by the government. They can be refunded to the bearer upon demand.
These bonds are purchased by individuals hoping to win in the quarterly draws. The introduction of these bonds is part of the government’s efforts to digitize financial transactions and encourage savings among the public.