The government of Pakistan issued prize bonds in various denominations that are going to expire today, June 30, 2022. The finance ministry has not yet decided to extend the deadline for exchanging bearer prize bonds. The federal government has already extended the deadline for exchanging or converting bearer prize bonds to June 30, 2022. The
Everything has some gloomy prospects, along with the positive ones. It is not possible to claim that there is nothing positive or negative about that. Our today’s blog is on positive & negative aspects of purchasing Prize bonds. You will get to know why you should buy a prize bond or what causes you should
We are bringing a brief description of the role of the State Bank of Pakistan in selling & encashing prize bonds. We will see how the State Bank contributes to the customers of prize bonds. As we know, the State Bank is currently located in most of the cities of Pakistan. Let’s discuss its role
According to the Finance Division notification, the prices of Petrol are increasing historically by up to 12.03 Rs Per liter. The government of Pakistan dropped this bomb on Tuesday. Firstly, the price of Petrol is Rs 147.82 per liter, and now it has increased Rs 159.86 per liter. However, the high-speed diesel increases from Rs
Should we invest in Prize Bonds? If yes, then why? You must have read multiple articles about Prize bonds, their denominations, and their draws on the internet. Whenever you read them, several untold questions arise in your mind. You want to know the purpose of buying these prize bonds or why we must invest our
Only one month is left, and the year 2021 will be over. National Savings Pakistan has announced the brand new Prize Bond Schedule for the year 2022. In this schedule, the organization releases the available prize bond details, draw dates, and the respective city, where the draw will take place. Let us take you to
According to the recent notification of the Government of Pakistan, they have stopped selling the denomination of Rs 7,500 and 15,000 prize bonds right now. The reason is; that the Government has to act upon the terms and conditions of the Financial Action Task Force (FATF). So, to follow the rules of FATF, the Government
Initiation of Prize Bond scheme in Pakistan: In this blog, you’ll get an absolute description of the prize bond scheme initiation in Pakistan. We will bring the detail on the evolution of Prize bonds in Pakistan. Moreover, we’ll discuss its historical perspective too. Keep reading. In Pakistan, a Minister brought the scheme of the Prize
Limit of buying Prize Bonds: In today’s Blog, we are going to talk over one of the most asked questions. Many of you keep asking that is there any limit on buying prize bonds? Can we buy more than one? Thus, to answer all your questions, we are bringing a brief detail in this Blog.
Who can buy Prize Bonds? In this blog, we have brought details about the individuals who can buy prize bonds. Whether he is a citizen of Pakistan or living out of Pakistan, every person is eligible to acquire prize bonds. There is no distinction among the individuals on buying prize bonds. Every low, wealthy, small,