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Home Breaking News

Rs100 prize bond draw to be held on this date

byCT Report
19/10/2023
in Breaking News, Karachi, Latest News
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KARACHI: Pakistan’s National Saving Division has announced the date and venue for the draw of the prize bond, worth Rs100.

Prize bonds have long been recognized as a secure method of investment in Pakistan. These bearer bonds, effectively government-backed lotteries, are managed by the National Savings Division, under the aegis of the State Bank of Pakistan (SBP).

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The draw for the prize bond, worth Rs100, would be held in the division’s Faisalabad and Lahore offices on November 15, 2023.

The first lucky winner will get a prize of Rs700,000 while three prizes of Rs200,000 each have been reserved for the second position holders.

Similarly, the third prize of Rs100,000/- will be awarded to each of the 1,199 winners.

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