16th Prize Bond Draw of Rs 25,000 to be Held on December 10, 2024

In a highly anticipated event, the National Savings Centre in Quetta is set to host the 16th draw of the Rs 25,000 Prize Bond on December 10, 2024. The Central Directorate of National Savings (CDNS), operating under the umbrella of the State Bank of Pakistan, will execute this event. The Rs 30 million prize will be awarded to one lucky winner, while the celebrations will also honor five recipients with the esteemed second prize of Rs 10 million each.

This installment of the prize bond is part of a larger scheme that has become a popular choice among investors in Pakistan, as it offers both liquidity and security. Prize bonds are issued in multiple denominations, with each having distinct prize money allocated to provide a sense of accomplishment for the participants. In conjunction with the Rs 25,000 Prize Bond draw, a Rs 1,500 Prize Bond draw in Rawalpindi was also held, yielding a first prize winner of Rs 3 million and three second prize winners of Rs 1 million each.

The prize money breakdown for the much-awaited Rs 25,000 Prize Bond draw has been announced: one first prize of Rs 30 million, five second prizes of Rs 10 million each, and 700 third prizes of Rs 300,000. The full winner list is available for verification. In a related development, a Prize Bond Draw for Rs 40,000 was conducted at the Muzaffarabad office, where 660 winners received the third prize of Rs 500,000 each. The first and second prizes were granted to two and three winners respectively, taking home sums of Rs 80 million and Rs 30 million.

The prizes for these draws are allocated by the State Bank of Pakistan, through the Central Directorate of National Savings. As the dates approach, anticipation builds among the participants, making these draws a recurring spectacle in Pakistan's thriving financial sector.