Prize Bonds Pakistan: Types, Prizes, Draw Schedule & Tax
Prize Bonds in Pakistan 2026: Types, Prizes, Draw Schedule & Tax
Prize bonds are Pakistan’s most popular government-backed savings instrument — 100% principal-protected, managed by the Central Directorate of National Savings and the State Bank of Pakistan. Here’s everything about types, prizes, draws, taxes and claims for prize bonds pakistan.
Conventional (Bearer) Prize Bonds Pakistan
Bearer bonds work like cash — whoever holds the paper owns it. No interest; winnings come only from quarterly lucky draws.
| Denomination | 1st Prize | 2nd Prize | Draw Months |
|---|---|---|---|
| Rs. 100 | Rs. 700,000 | Rs. 200,000 | Feb, May, Aug, Nov |
| Rs. 200 | Rs. 750,000 | Rs. 250,000 | Mar, Jun, Sep, Dec |
| Rs. 750 | Rs. 1,500,000 | Rs. 500,000 | Jan, Apr, Jul, Oct |
| Rs. 1,500 | Rs. 3,000,000 | Rs. 1,000,000 | Feb, May, Aug, Nov |
Draws happen quarterly on the 15th of scheduled months. Anyone can buy over the counter at National Savings Centres or banks. (Note: old Rs. 7,500 and Rs. 15,000 bearer bonds are discontinued.)
Premium (Registered) Prize Bonds
Paperless bonds registered to your CNIC and bank account — safer and dual-benefit.
| Denomination | 1st Prize | 2nd Prize | 3rd Prize |
|---|---|---|---|
| Rs. 25,000 | Rs. 30,000,000 | Rs. 10,000,000 | Rs. 300,000 |
| Rs. 40,000 | Rs. 80,000,000 | Rs. 30,000,000 | Rs. 500,000 |
Premium bonds pay BOTH quarterly draw prizes and guaranteed biannual profit to your bank account. Draws on the 10th of March, June, September and December. Transferable, pledgeable as loan collateral, and exempt from Zakat deduction.
Rules everyone must know
- 60-day rule: Buy at least 60 days before a draw to qualify.
- Tax: 15% withholding on winnings/profit for filers, 30% for non-filers.
- Claim window: 6 years from the draw date to claim — then it lapses to the state.
- Eligibility: Adult Pakistani citizens, overseas Pakistanis with POC, and non-financial companies.
Read more in our Business section.
Related: gold rate in Pakistan today.