Prize Bond Draw Schedule 2023 – Latest Updates

The State Bank of Pakistan (SBP) has released the schedule for the Prize Bond Draw for the year 2023. The bonds are considered a secure investment option. They offer investors an opportunity to not only preserve the value of their money but also potentially win substantial prizes through regular lucky draws.

The government utilizes the funds raised from these bonds, while investors benefit from the chance of their selected bonds being redeemed at a higher value than the face value. The withdrawn National Prize Bonds (Bearer) can be encashed at any branch of the Commercial Bank where the bondholder maintains an individual account.

Prize Bond Draw Schedule 2023

The Prize Bond Draw Schedule for 2023 commences on January 1st and concludes on December 15th. The first draw of the year will take place in Karachi on January 16th for the Rs.750 bond. Subsequent draws will occur in various cities across Pakistan, including Quetta, Rawalpindi, Faisalabad, Peshawar, Lahore, Multan, Hyderabad, and Muzaffarabad. The final draw of the year will be held in Multan on December 15th for the Rs.200 bond.

This initiative by the National Savings and Central Bank is part of their ongoing efforts to encourage safe investments and provide opportunities for financial growth to the citizens of Pakistan. The Prize Bond Draw has been a popular investment option for many years due to its security and potential for high returns.

Prize Bond Draw Schedule 2023

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