About Prize bond Scheme Offer by Govt. of Pakistan
Prize Bonds is a type of investment and bearer type of security available in the cash of Rs.200, Rs.750, Rs.1,500, Rs.7,500, Rs.15,000 and Rs.40,000. These prize bonds are issued by the Government of Pakistan in sequence. Each prize bonds series consist of one less than 1,000,000 bonds. All the draws are held on quarterly basis. The prize bonds 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 then on each draw we have 50 winners of 1st prize and 150 winners of 2nd Prize and so on.
Prize Bonds Scheme are the only lawful source for poor and middle class people investment opportunities to become rich overnight and making their dreams come true Prize bond offers investment options and it is far better then forex investment through which mainly loss occurs. But this scheme has been ignored awfully, Prize Bonds Scheme is the only secure, provided an opportunity to the be poor in a right way. The new increased and revised prizes on each prize bond are described below:
1st Prize | 2nd Prize | 3rd Prize | ||||
Nature of Prize Bond | No. of Prizes | Winning Amount in Rs. | No. of Prizes | Winning Amount in Rs. | No. of Prizes | Winning Amount in 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 | 500,000 |
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