Thursday, 26 May 2011

Lucky Prize Bond

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Prize bond Scheme Offer by Govt. of Pakistan

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Prize Bonds are bearer type of security available in the denominations of Rs.200, Rs.750, Rs.1,500, Rs.7,500, Rs.15,000 and Rs.40,000. These bonds are issued in series. Each series consist of one less than 1,000,000 bonds. No fixed return is paid but prize draws are held on quarterly basis. The draws are held under common draw method and the number of prizes are same for each series. It means that if 50 series of Rs.200 Prize Bond are in circulation. On each draw have 50 winners of 1st prize and 250 winners of 2nd Prize and so on. The number and amount of prizes on various denomination of prize bonds for each series is shown in the following table*:

 
Denomination
(Rs)

First Prize
2nd Prize
3rd Prize
No.
Amount
(Rs)
No.
Amount
(Rs)
No.
Amount
(Rs)
200/-
01
750,000
05
 250,000
2,394
 1,250
 750/-
01
 1,500,000
03
 500,000
1,696
9,300
1,500/-
01
 3,000,000
03
1,000,000
1,696
 18,500
7,500/-
01
 15,000,000
03
5,000,000
1,696
 93,000
15,000/-
01
30,000,000
03
 10,000,000
1,696
 185,000
40,000/-
01
 75,000,000
03
 25,000,000
1,696
500,0
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