Prize Bond of Rs. 15000

The prize bond is a type of lottery. The Ministry of Finance regulates the prize bonds. Prize bonds are released on behalf of the Government of Pakistan. There is no profit in bond returning. Bonds are released in a regular series. There are almost one million numbers in a prize bond. Each time results are drawn through the lucky draw. Lucky draws are organized in major cities of Pakistan almost 36 times a year.

The prize bond scheme was started in 1960 by the National Savings of Pakistan under the Government of Pakistan. The scheme's purpose was to earn money from the public at the cheaper rates in a short duration of time. In 2017 Central Directorate of Pakistan joined the State Bank of Pakistan to initiate a new prize bond scheme called Premium Prize Bond.

Anyone can purchase the prize bond from any National Saving Centre or the State Bank of Pakistan. Prize bonds can not be purchased online. To purchase the prize bond, a person fills the form and submits it. The applicant should sign the form.

Benefits of prize bond:

Few benefits of prize bond are given below:

• The prize bonds are easily approachable. Anybody can apply for the prize bond. Prize Bonds do not have any special requirements. The process for applying the prize bond is simple and is easily understood by the common man.
• Prize bonds have a wide range. The lowest prize bond starts at Rs 100. According to capacity, a person can purchase the prize bond. Low price is one of the reasons for the popularity of prize bonds.
• The amount of the prize bond is secured. If a person does not win, he can get back the money without any loss.
• Prize bonds are more reliable than any other investment medium. Whenever a person needs to withdraw the amount, he can withdraw easily. There is not a lengthy process for money withdrawal.
• Prize bonds result depend on the luck of a person. If a person wins, he gets much more money than the investment. The prize bond winning chance depends on the level of investment.
•  There is an opportunity to sell the bond. For some reason, if a person needs to sell a bond, he can sell it comfortably. Bonds could be sold to an organization, a person, or a bank.

Prize Bond Working:

The Lucky draws are organized by the committee of the National Savings of Pakistan. The hand operating draw machine selects winners. The public can attend the lucky draw ceremony. A Special child operates the lucky draw machine in the presence of the public and committee members.

The prize bond is valid until the scheme is active. When the scheme terminates the prize bond does not remain valid. After winning the bonds from the Lucky draw, a person has six years to claim the bond reward. There is a text deduction from the prize bond money. It is 25% for the non-filers winner and 15% for the filer winner.

Prize Bond Lucky Draw:

The prize bond of Rs. 15000 is drawn four times in a year. Like other denominations of the bond, it draws at the start or middle of the month. The lucky draw ceremony is carried in the major cities of Pakistan. The Lucky draw months for the prize bond Rs. 15000 are as follows:

• January
• April
• July
• October

The lucky draw for the prize bond of Rs. 15000 are held at the start of the month.

Prizes for the Prize Bond of Rs. 15000:

Prizes for the prize bond of Rs. 15000 are as follows:

• 1st prize with one winner has the amount of Rs. 30,000,,000.
• 2nd prize with the three winners has the amount of Rs. 10,000,000.
• 3rd prize with the 1696 winners has the amount of Rs. 185,000.

Prize Bond Checking Process:

A person can check the prize bond through the web or the Android application. For the web, checking takes the following steps. Open the website of the National Saving Centre. Write the amount of the prize bond, add the prize bond range. After the bond range, enter the prize bond withdrawal number and search. The results for your prize bond will appear on the screen.

Prize bond is one of the largest sources of investing money in Pakistan. They are getting popular day by day due to their reliability. Prize bonds are safe. They are the best medium for investment because they give six years for claiming the amount. Due to a large number of advantages, people invest in them. Big investors have a big chance of winning prize bonds as they invest a large amount of money.

Prize Bond of Rs. 15000

The prize bond is a type of lottery. The Ministry of Finance regulates the prize bonds. Prize bonds are released on behalf of the Government of Pakistan. There is no profit in bond returning. Bonds are released in a regular series. There are almost one million numbers in a prize bond. Each time results are drawn through the lucky draw. Lucky draws are organized in major cities of Pakistan almost 36 times a year.

The prize bond scheme was started in 1960 by the National Savings of Pakistan under the Government of Pakistan. The scheme's purpose was to earn money from the public at the cheaper rates in a short duration of time. In 2017 Central Directorate of Pakistan joined the State Bank of Pakistan to initiate a new prize bond scheme called Premium Prize Bond.

Anyone can purchase the prize bond from any National Saving Centre or the State Bank of Pakistan. Prize bonds can not be purchased online. To purchase the prize bond, a person fills the form and submits it. The applicant should sign the form.

Benefits of prize bond:

Few benefits of prize bond are given below:

• The prize bonds are easily approachable. Anybody can apply for the prize bond. Prize Bonds do not have any special requirements. The process for applying the prize bond is simple and is easily understood by the common man.
• Prize bonds have a wide range. The lowest prize bond starts at Rs 100. According to capacity, a person can purchase the prize bond. Low price is one of the reasons for the popularity of prize bonds.
• The amount of the prize bond is secured. If a person does not win, he can get back the money without any loss.
• Prize bonds are more reliable than any other investment medium. Whenever a person needs to withdraw the amount, he can withdraw easily. There is not a lengthy process for money withdrawal.
• Prize bonds result depend on the luck of a person. If a person wins, he gets much more money than the investment. The prize bond winning chance depends on the level of investment.
• There is an opportunity to sell the bond. For some reason, if a person needs to sell a bond, he can sell it comfortably. Bonds could be sold to an organization, a person, or a bank.

Prize Bond Working:

The Lucky draws are organized by the committee of the National Savings of Pakistan. The hand operating draw machine selects winners. The public can attend the lucky draw ceremony. A Special child operates the lucky draw machine in the presence of the public and committee members.

The prize bond is valid until the scheme is active. When the scheme terminates the prize bond does not remain valid. After winning the bonds from the Lucky draw, a person has six years to claim the bond reward. There is a text deduction from the prize bond money. It is 25% for the non-filers winner and 15% for the filer winner.

Prize Bond Lucky Draw:

The prize bond of Rs. 15000 is drawn four times in a year. Like other denominations of the bond, it draws at the start or middle of the month. The lucky draw ceremony is carried in the major cities of Pakistan. The Lucky draw months for the prize bond Rs. 15000 are as follows:

• January
• April
• July
• October

The lucky draw for the prize bond of Rs. 15000 are held at the start of the month.

Prizes for the Prize Bond of Rs. 15000:

Prizes for the prize bond of Rs. 15000 are as follows:

• 1st prize with one winner has the amount of Rs. 30,000,,000.
• 2nd prize with the three winners has the amount of Rs. 10,000,000.
• 3rd prize with the 1696 winners has the amount of Rs. 185,000.

Prize Bond Checking Process:

A person can check the prize bond through the web or the Android application. For the web, checking takes the following steps. Open the website of the National Saving Centre. Write the amount of the prize bond, add the prize bond range. After the bond range, enter the prize bond withdrawal number and search. The results for your prize bond will appear on the screen.

Prize bond is one of the largest sources of investing money in Pakistan. They are getting popular day by day due to their reliability. Prize bonds are safe. They are the best medium for investment because they give six years for claiming the amount. Due to a large number of advantages, people invest in them. Big investors have a big chance of winning prize bonds as they invest a large amount of money.