Thousands of citizens across Pakistan are eagerly awaiting the Rs 1500 prize bond draw results, hoping to win attractive cash prizes through the government-backed savings scheme.
The prize bond system remains a popular investment option, offering both security and the chance to earn significant rewards in quarterly draws.
Prize Breakdown
According to details under the supervision of the State Bank of Pakistan, the prize structure is as follows:
- First Prize: Rs. 3,000,000 (1 winner)
- Second Prize: Rs. 1,000,000 each (3 winners)
- Third Prize: Rs. 18,500 each (1,696 winners)
The official winners’ list will be released soon after the draw is completed.
How to Claim Winnings
Winners can collect their prize money from State Bank of Pakistan BSC field offices, designated commercial banks, or National Savings Centers after completing the required verification process.
1,500 prize bond draw date and city announced
Tax Deduction on Prizes
As per SBP rules, prize money is subject to tax deduction. Filers will pay 15%, while non-filers will be charged 30%, making tax compliance more beneficial for winners.
Popular Savings Scheme
Experts note that the prize bond scheme continues to attract millions of participants due to its safety, accessibility, and potential for high rewards, making it one of Pakistan’s most widely used savings instruments.
