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1500 Prize Bond 2024 – Check draw date and balloting in May

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Get ready for Rs1500 Prize Bond balloting as it can be your time to bag Rs3 million bumper prize.

Prize Bond balloting is moment of excitement for holders to participate. From decades, Pakistanis remained highly interested for investing in Prize Bonds, particularly Rs1,500 denomination.

Amid plethora of options to invest, a large number of Pakistanis still buy Prize Bonds in hope of fortunate outcome. This pursuit of luck and the allure of substantial winnings instill a sense of optimism and ambition in many as prize bonds are safe, with no risk of losing principal amount, and the whole process is regulated by State Bank.

1500 Prize Bond Draw May 2024

The much-anticipated balloting for Lucky Draw No. 98 of the Rs1500 prize bond draw will be held on May 15, 2024 (Wednesday) in Karachi.

Rs1500 Winners May 2024

The winners will be announced on May 15, 2024.p

Winning Amount of Rs1500 Prize Bond

Rs1500 Bond WINNING AMOUNT Prize
First Winner Rs3,000,000 01
Second Winners Rs1,000,000 03
Third Winners Rs18,500 1695

Prize Bond Updates 2024

Prize Bond draws procedure

Prize Bond procedure is fair and transparent, as it is conducted by committee constituted by CDNS and is open to the general public. The winning prize bonds are drawn through a Hand Operated Draw Machine operated by special children in front of Committee members and the attending public, ensuring transparency. The draw machine is also checked by the general public before the start of the draw.

Where to buy and cash Prize Bonds?

Prize Bonds are available at SBP-BSC office, designated commercial bank branches, and National Savings Centers with an application form and a copy of a valid CNIC.

Guide to claim prizes on all denominations of Prize Bonds?

The prize money claim can be made at any SBP BSC field office, designated commercial bank branches, and National Saving Centers using prescribed claim form, available for free on the SBP website and counters.

How many days are required for settlement of prize money claims?

It varies, depending on the amount.

What are charges for the prize money claim form?

Currently, there are no charges for the claim form.

Can you claim prize money from damaged bond?

Yes, subject to clearance under SBP rules.

Time period to claim prize money on winning prize bond?

It should be within six years from the date of the relevant draw.

40000 Prize Bond 2023 – Check Draw Results here

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