Prize bonds are a good way to generate a lot of money at once. The State Bank of Pakistan issues these prize bonds that have a unique number with them. Accordingly, every three months State Bank of Pakistan announces the winners of these prize bonds.
In previous times, everyone had to buy the prize bond list and find their bond number in that list. However, after the launch of the prize bond online check website, this process has become much easier.
With this online tool, you can easily check the prize bond result. We have brought this complete guide on how to check prize bonds online. The whole guide is broken down into steps. Consequently, making it easier to understand.
If you want to know how you can also check the prize bond online, follow the given steps.
Prize Bond Online Checker
- To check the result for prize bonds, go to http://savings.gov.pk/draw-search/
- Now enter the denomination value in the relevant section. For example, 100, 200, 750, etc.
- Once you are done with entering the denomination value, select the draw date.
- Now select the range of the prize bond number to check multiple results. This works best if you have prize bonds in the series. For example, 100000-110000
- However, you can also check different numbers at the same time. For this, enter your prize bond numbers in the Miscel. Numbers section.
- Finally, after entering all the information simply click the search button.
Consequently, after pressing the search button, you will see the results of your prize bond within 2-3 seconds.
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Prizes for each denomination
Below you will find the details of each prize bond according to its denomination value.
Denomination of Rs. 100
Reward amount of prize bond 100 is Rs. 7,00,000/-, 2,00,000/-, 1,000/- for the first, second, and third position respectively
Denomination of Rs. 200
The winning value of prize bond 200 is 7,50,000/-, 50,000/, 1,250/- for the 1st, 2nd, and 3rd position accordingly.
Denomination of Rs. 750
The winner of prize bond 750 will get an amount of Rs. 15,00,000. However, the second and the third position holders will get Rs. 50,000 and 1250, respectively.
Denomination of Rs. 1500
The winning amount for the Rs. 1500 prize bond is Rs 30,00,000/-, 10,00,000/-, and 18,500/- for the 1st, 2nd, and 3rd positions.
Denomination of Rs. 7500
Winners of the prize bond 7500 Rs. Will get a reward of 1,50,00,000/-, 50,00,000/-, and 93,000/- for the first, second, and third positions.
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Denomination of Rs. 15000
The first position prize for the prize bond 15000 is Rs. 3,00,00,000. While the 2nd and 3rd position holders will get Rs. 1,00,00,000 and Rs. 1,85,000 respectively.
Denomination of Rs. 25000
The 1st position prize of this prize bond used to be Rs. 5,00,00,000. However, the Government of Pakistan has now discontinued the prize bonds of Rs. 25000.
Denomination of Rs. 40000
The prize value of Rs. 40000 Prize bonds is Rs. 8,00,00,000 for the first position. On the other hand, the 2nd position holder will get Rs. 3,00,00,000 and the 3rd position holders will be getting Rs. 5,00,000.
Here is a complete guide if you want to buy a prize bond in Pakistan!