Wednesday, June 23, 2021  | 12 ZUL-QAADAH, 1442
Samaa TV
Facebook Twitter Youtube
HOME > Video

Pakistan discontinues Rs7,500 and Rs15,000 prize bonds

They can be encashed till Dec 31, Jun 30 respectively

SAMAA | - Posted: Apr 29, 2021 | Last Updated: 2 months ago
Posted: Apr 29, 2021 | Last Updated: 2 months ago

The government has discontinued Rs7,500 and Rs15,000 prize bonds with immediate effect, the Finance Division said in a notification Thursday.

The Rs7,500 price bond can be encashed till December 31, 2021. The last date to redeem Rs15,000 bond is June 30, 2021.

The two bonds can also be converted into registered premium prize bonds of Rs25,000 or Rs40,000 denomination, special savings certificates or defence savings certificates.

The government previously discontinued Rs25,000 and Rs40,000 bonds and converted them into registered premium prize bonds.

The Financial Action Task Force had demanded Pakistan discontinue prize bonds to eradicate corruption and money laundering.

There will be no further draws for these Rs7,500 and Rs15,000 prize bonds, according to the Finance Division.

It asked people having these bonds to approach the State Bank of Pakistan field offices and commercial banks.

FaceBook WhatsApp

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp


PSL 2021: Statistical review of first phase
How to get glowing skin
Sindh vs Punjab: Who will spend more on development?
Here’s a cheaper way to buy good stocks
Lahore Qalandar face Multan Sultans in must-win encounter
Zalmi, Kings battle to stay alive in PSL 2021
Peshawar Zalmi face Islamabad United to secure playoffs spot
Watch SAMAA TV Headlines 3pm Pakistan – 17 June 2021
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp