Premium Prize Bond (Registered)

Product:

Central Directorate of National Savings (CDNS) has initiated a Registered Prize Bonds Scheme called’ Premium Prize Bonds (Registered)

We are pleased to inform you that Bank Alfalah has been selected amongst the banks that have been authorized by the State Bank of Pakistan to increase the outreach of the aforesaid scheme to general public.

SALIENT FEATURES

Profit Rate is 1.79% bi-annual.

Available in Rs. 25,000/- & Rs 40,000/- Denomination.

Registered in the name of investor.

Quarterly Prize Money Draws as well as Bi-annual Profit Payment.

For Pakistani Citizens (Adult individuals), Overseas Pakistanis.

Direct Credit of Prize Money and Profit in Investors Bank Account.

No Application Forms required for claiming prize money  & profit.

Highest prize of Rs. 30,000,000/–  (25,000/-) and  Rs 80,000,000/-. (40,000/-)

Unlimited Investment and Tenure.

WHT is applicable & Exempted from Zakat.

Transferable & Pledge-able.

Can be purchased through Cash, Cheque, Pay-Order and Bank Draft

Can be purchased from offices of State Bank of Pakistan (BSC) and authorized branches of commercial banks. .

Following documents are required for Premium Prize Bond Sale Application.

Copy of CNIC.

Account Maintenance Certificate ( A/C title , IBAN number , status of a/c , Bank & Branch Name).

Tax Certificate in case of Filer.

Nominee CNIC detail.

Senior Citizens and Ladies are requested to contact the Counter Official without waiting for their turn….(read more)

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Premium Prize Bonds: A Complete Guide on How to Buy and Benefit from Them

In an effort to promote savings and provide a secure investment option, the National Savings of Pakistan introduced Premium Prize Bonds. These bonds are an attractive investment opportunity for individuals who want to earn a profit while having the chance to win substantial prizes. In this article, we will provide you with complete information about Premium Prize Bonds, including how to buy them.

What are Premium Prize Bonds?
Premium Prize Bonds are a form of bearer investment issued by the Government of Pakistan. This investment avenue provides individuals with the opportunity to invest their savings and potentially win attractive prizes through a quarterly draw. The unique feature of Premium Prize Bonds is that they offer both profit and prize opportunities, making them an appealing investment option for many.

Key Features of Premium Prize Bonds:

1. Denominations and Prizes: Premium Prize Bonds are available in four different denominations: Rs. 40,000, Rs. 25,000, Rs. 15,000, and Rs. 7,500. The prize money for these bonds is substantial, with prizes ranging from Rs. 80 million for the Rs. 40,000 bond to Rs. 300,000 for the Rs. 7,500 bond.

2. Profit Rate: In addition to the opportunity to win a prize, Premium Prize Bonds also offer a profit opportunity. The profit rate is subject to change and is usually revised every quarter. The rate is higher compared to regular bonds, which further enhances the attractiveness of these bonds as an investment option.

3. Security: Premium Prize Bonds provide individuals with a secure investment because they are issued and backed by the Government of Pakistan. The bonds cannot be stolen or misplaced, ensuring your investment remains completely safe.

How to Buy Premium Prize Bonds?
Purchasing Premium Prize Bonds is a straightforward process. There are two methods available for buying these bonds:

1. From the State Bank of Pakistan: Individuals can buy Premium Prize Bonds directly from the State Bank of Pakistan. They need to visit the State Bank offices or any designated branches of commercial banks authorized to sell bonds. The process requires providing the required documents, including a valid CNIC or NICOP, and filling out the application form.

2. Online Purchase: Another convenient method to buy Premium Prize Bonds is through the online portal of the State Bank of Pakistan. The online purchase process is hassle-free and can be completed from the comfort of your own home. To buy bonds online, individuals must have a valid CNIC or NICOP and a bank account with online banking facilities.

Conclusion:
Premium Prize Bonds are an attractive investment option for those looking to secure their savings and potentially win big prizes. With their substantial prizes and attractive profit rates, these bonds offer a unique blend of benefits that make them highly sought-after. So, if you are interested in investing your savings and increasing the possibilities of winning attractive prizes, consider buying Premium Prize Bonds from the State Bank of Pakistan or through the online portal. Secure your future while aiming for substantial rewards!