Last date for exchange and redemption of SBP Prize Bonds

State Bank of Pakistan has extended the date of exchange of canceled prize bonds till June 30.
According to the central bank, the exchange date of prize bonds worth 7500, 15000, 25000 and 40000 thousand has been extended till June 30. According to the statement issued by the State Bank, the canceled prize bonds should be cashed in bank accounts. Bonds of face value Rs 25,000 and Rs 40,000 are convertible into premium prize bonds.

Canceled prize bonds can be converted into Special Savings or Defense Savings Certificates. Commercial banks have also been directed to accept requests for cash or exchange of prize bonds. State Bank said in a statement. That the canceled Prize Bonds shall not be cashable or convertible after June 30, 2023;

Last date for exchange and redemption of SBP Prize Bonds

State Bank of Pakistan has extended the date of exchange and redemption of prize bonds

Holders of prize bonds have one last chance to redeem or convert, investors can convert prize bonds into cash or registered bonds, the bank said, adding that prize bonds can be converted into special or defensive savings certificates.

The federal government has given one more chance to the public to redeem the prize bonds of Rs 7500, 15000, 25000 and 5000. 40,000 redeemed/encashed by June 30, 2023. Earlier, the government had set a deadline of June 30, 2022 for the redemption/encashment of these prize bonds, however, considering that some prize bond holders could not finalize their bonds by June 30, 2023. Opportunity for encashment of prize bonds has been given.
a Encashment at face value
25,000 and/or Rs.40,000 (registered) converted into Premium Prize Bonds of Rs.
c Replacement with Special Savings Certificates (SSC) or Defense Savings Certificates (DSC).
The prize bonds can be redeemed from SBP Banking Services Corporation office and commercial bank branches across the country till 30 June 2023. The State Bank has issued necessary instructions to commercial banks to accept applications from the general public for encashment or exchange of prize bonds. Date of extension.
Members of the general public who hold them are encouraged to take advantage of this final opportunity and redeem their prize bonds before 30 June 2023. These prize bonds will not be cashable or exchangeable after the expiry of the extended deadline, thus rendering them worthless.

15000 rupees prize bond draw in Pakistan

According to the notification, the amount will be transferred to the bank accounts of the customers on the refund of the bonds and the customers will be able to refund the bonds through 16 field offices of State Bank of Pakistan, authorized commercial banks and National Bank. Savings centers across the country.

Prize Bonds of Rs.15000 Draw No. 86 Multan City will be held on 04 January 2021 at Hyderabad City. Pakistan National Savings 15000 Prize Bond List 01/04/2021 Check Online by Prize Bond List 2022.