Offered by National Savings under the State Bank of Pakistan (SBP).
Prize Bonds is gold investment and are bearer type of security available in the denominations of Rs.200, Rs.750, Rs.1,500, Rs.25000 premium bond and Rs.40,000 premium bond. These Prize bond 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. Then on each draw we have 50 winners of 1st prize and 150 winners of 2nd Prize and so on..
Profit Rate is 1.79% bi-annual.Available in Rs. 25,000/- & Rs 40,000/- Denomination
Central Directorate of National Savings (CDNS) has initiated the Registered Prize Bonds Scheme called Premium Prize Bonds (Registered) and we are pleased to inform you that Bank AL Habib has been authorised by the State Bank of Pakistan to increase the outreach of the aforesaid scheme to the public.Read More About That