KARACHI: State Bank of Pakistan (SBP) on Tuesday announced extension in date for encashment, replacement and conversion of unregistered Rs40,000 denomination prize bonds.
The SBP said that the date for withdrawal of the prize bonds had been extended up to December 30, 2021.
The central bank said that the Finance Division, Government of Pakistan has extended the last date for encashment / replacement / conversion of Rs. 40,000/- denomination National Prize Bonds (bearer) till December 30, 2021 vide their Notification No. F.16(3)GS-I/2014-1603 dated November 26, 2020.
The branch / region wise consolidated data of Rs. 40,000/- denomination prize bonds held by them on last date i.e. December 30, 2021 shall be shared latest by December 31, 2021, as per the instructions stipulated in Para 4 of CMD Circular No. 4 dated June 30, 2020.
All other instructions in this regard shall remain unchanged.
Kindly disseminate aforementioned instructions to all branches and concerned officials for information and strict compliance, the SBP said.
