Prize Bonds are solid investment instruments issued by State Bank. Bonds are non-interest bearing, which aimed to provide people with the chance to win cash prizes.
Prize Bonds are available in several denominations, and holders can enter into lucky draws to potentially win prizes. National Savings announces the schedule for prize draws, which usually take place every three months or so.
Balloting for Lucky Draw No. 95 of the Rs1500 prize bond draw is slated to be announced on 15th Aug 2023. The balloting will be held in Peshawar city on Tuesday.
Winning Amount of Rs1500 Prize Bond
| LIST | NO OF PRIZES | WINNING AMOUNT (RS) | Prize |
| Prize Bond RS. 1500/- | 01 | 3,000,000 | 1st Prize |
| Prize Bond RS. 1500/- | 03 | 1,000,000 | 2nd Prize |
| Prize Bond RS. 1500/- | 1696 | 18,500 | 3rd Prize |
Federal government is all set to launch ‘Digital Prize Bonds’ by first introducing the one in the denomination of Rs1,000 with maximum prize money of Rs4 million.
The maximum prize money for Rs500, Rs 5,000 and Rs10,000 will be Rs2 million, Rs20 million and Rs40 million respectively.
