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How Prize Bond Works

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Prize Bond - Help

Preface

KaliaGroup has played an important role in enhancing the sale of Prize Bonds nation wide. More over, they have also given many useful suggestions and feedbacks to the Government to run this scheme in a profitable and successful manner. In fact, the recent withdrawal of the series-wise draw system was solely due to Kalia Group’s tireless efforts. And this Group is also persuading the Govt. to increase the number of prizes in a series, which hopefully, like in the past on Group's demand, would be implemented in the near future. How To Check Prize Bonds.

Step 1: First of all select the denomination of the Prize Bonds.
Step 2: Enter your email and click the next button.
Step 3: Once you accept the terms of service, a new page opens. Write your PB's number in the 'To' and 'From' boxes. If you have only one prize bond, write the same number in both the boxes, then click the Add button.
Step 4: Select the draw number which you want to check from the combo box provided there.
Step 5: Finally click on the Check button. The system will inform you if there is a win or not.
Tips
  1. Only that Prize Bond whose date of issuance is at least 60 days prior to the draw date, is entitled for a win.
  2. There was a series wise draw before 15th November 2000. Therefore, to claim for those prize(s) which were announced in the draws held before 15th November 2000, the prize bond's series should also match with that of draw result. From the draws held after 15th November 2000, you don’t have to match the series but the Numbers only.
  3. As validity of a prize is six years, so you may claim your prize(s) till six years from the date of that particular draw.
  4. Some of the Prize Bonds are withdrawn by the Government of Pakistan and now no more can be encashed from any authorized Government body. However prizes announced on them can be claimed. As validity of a prize is six years, so you may claim your prize(s) till six years from the date of that particular draw.

Following are the Prize Bonds which are now in use and can be traded any time from the State Bank of Pakistan, National Saving Centers or Prize Bonds Dealers before its shut period and only from Prize Bonds Dealers after its shut period at the open market prices. Government of Pakistan has recently revised the Prize values for different denominations of Prize Bonds. Draw schedule of these Prize Bonds and revised prizes can be viewed by clicking ‘Draws Schedule”. New Bonds (In Use) :

Denominations First Draw Held On
Rs. 200 Prize bond
15th March 2000
Rs. 750 Prize bond
15th January 2000
Rs. 1500 Prize bond
15th February 2000
Rs. 7500 Prize bond
1st February 2000
Rs. 15,000 Prize bond
3rd January 2000
Rs. 25,000 Prize bond
2nd May 2012
Rs. 40,000 Prize bond
1st March 2000

Recommendation

We suggest you to get registered in Virtual Vault (as it is all free there) to keep your prize bond's numbers only in online locker and save yourself from the hassle of checking them time and again.

Additional Features

SBP's PRIZE BONDS LIST: From now on, the State Bank's list of Prize Bonds can be viewed on our site the next day of the draw. Once you enter our prize bonds category, all you have to do is submit your email address along with the denomination of prize bonds, and then choose the draw list, from the Draw List Box. After you click the go button, the SBP's list would be displayed on your desktop.

OPEN MARKET RATES OF PRIZE BONDS: This link would take you to the Kalia & Sons page, from where you can check open market rates.

SAVING SCHEMES IN PAKISTAN: Provides you with information regarding short-term, mid-tem and long term saving schemes in Pakistan.

PRIZE BONDS CALENDAR: Provides you with specific information on draws, when they would be held, which city they would be held in and how many prizes would be announced, for the entire year.

CLAIM FORM: Provides you with prize claim form. In case of a win, you simply have to take a print out of the form and submit it.

STATE BANK OF PAKISTAN: Clicking on this link would take you to the State Bank of Pakistan's website.

NATIONAL SAVING CENTER: Clicking on this link would take you to the site of National Saving Organization.

 


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