To claim prize money, submit the prescribed claim form (available free at SBP BSC or National Savings help desk) along with:
Claims are usually rejected due to incomplete or incorrect information such as:
Prize Bonds are verified at SBP BSC counters. In doubtful cases or for prizes of Rs. 1,000,000 and above, bonds are sent to Pakistan Security Printing Corporation (PSPC) for authentication.
Yes. Prize money should always be claimed by the bond holder.
Only Prize Bonds purchased at least 60 days before the draw are eligible for prize money.
Yes, subject to SBP BSC verification and fulfillment of required conditions.
Prize money is claimed by submitting the prescribed claim form available at SBP BSC counters.
If signatures differ slightly from the CNIC, extra signatures are taken to ensure correct identity verification.
Claims are submitted at SBP BSC (Bank) counters across Pakistan.
| Prize Money Amount | Processing Time |
|---|---|
| Up to Rs. 18,500 | Same day (from 30th draw onward) |
| Up to Rs. 185,000 | 10 working days |
| Up to Rs. 500,000 | 15 working days |
| Above Rs. 500,000 | 20 working days |
No. Claim forms are free.
Claims can be lodged 3–4 working days after the draw, and up to 6 years from the draw date.
Yes, depending on the discretion of the competent authority.
Yes, subject to verification under SBP BSC rules.
Commercial banks may only pay prize money up to Rs. 1,250. Larger prize payments are made only at SBP BSC offices.
To confirm genuineness from PSPC and the concerned Public Debt Office (PDO).
Up to six (6) years from the draw date.
Higher amounts require verification and processing.
Yes. Separate claims can be lodged for each winning draw within the 6-year claim period.
Draws are held publicly by CDNS. A hand-operated draw machine is operated by special children in front of committee members and the public.
They hold larger quantities of bonds, increasing their chances. Draws are random and every bond has an equal chance.
Prize Bonds are bearer instruments. Whoever possesses the bond is considered the owner.
Yes. Anyone can attend by presenting a valid CNIC.
No. Draws are fully random.
Bonds must be purchased 60 days before the draw to qualify.
Preliminary verification and documentation are required.
One less than one million (000,001 to 999,999).
No. Tax is deducted regardless.
It is an official certificate provided for tax filing and proof of income under FBR rules.
All are authorized sellers.
Prize structures are revised by the Ministry of Finance / CDNS.
Prize distribution is designed based on CDNS policy and national financial requirements.
No.
Submit the original bond at SBP BSC / National Savings / authorized bank branches.
Yes. They are authorized dealers.
Yes.
The official draw list is available the next day on:
Claims follow the Prize Bonds Refund Rules, 1963. If more than half the bond is intact and identifiable, payment is possible.
Available at:
The 60-day period before the draw date during which newly purchased bonds are not eligible for that draw.
Yes, if re-issuable stock is exhausted.
Yes.
Yes.
Yes. Replacement is allowed as per government policy.
Four draws per denomination. (Current active denominations: 100, 200, 750, 1500)
Pakistan Security Printing Corporation (PSPC).
Draws are conducted by CDNS with representatives from:
To promote national savings and provide a secure, government-backed investment opportunity.
Those that are:
Pakistan Security Printing Corporation prints currency and government securities.
For advanced forensic verification in suspicious or high-value cases.
Central Directorate of National Savings manages government savings schemes.
Public Debt Office handles government-issued securities and debt management.
Private sellers may trade previously purchased bonds. However, selling at a premium is illegal and not endorsed by SBP BSC.
In Paper:
In Printing:
Prize Bonds are guaranteed under the Public Debt Act, 1944.
Yes.
Prize Bonds remain valid until demonetized by the Government of Pakistan.
Immediate issuance depending on staff workload and availability.
