Islamabad: The Central Directorate of National Savings (CDNS) has officially announced the draw schedule for premium prize bonds for the year 2025. This announcement brings anticipation for investors who have placed their savings in premium prize bonds, offering lucrative prizes and periodic profit payments.
According to CDNS, the draws will be held for two denominations of premium prize bonds—Rs. 40,000 and Rs. 25,000. The first draw of 2025 is scheduled for March 10, with the Rs. 40,000 bond draw taking place in Quetta, while Muzaffarabad will host the Rs. 25,000 bond draw.
CDNS has planned a total of four draws throughout the year. The second draw is set for June 10, with Hyderabad hosting the Rs. 40,000 draw and Lahore conducting the Rs. 25,000 draw. The third draw will occur on September 10, with Peshawar holding the Rs. 40,000 draw and Karachi hosting the Rs. 25,000 draw. The final draw of the year is scheduled for December 10, with Sialkot and Faisalabad conducting the draws for Rs. 40,000 and Rs. 25,000 bonds, respectively.
Key Features of Premium Prize Bonds
CDNS highlights several benefits of investing in premium prize bonds:
• Attractive profit rate of 1.86%.
• Available in Rs. 25,000 and Rs. 40,000 denominations.
• Registered in the name of the investor, ensuring security.
• Offers both quarterly prize draws and bi-annual profit payments.
• Eligible for Pakistani citizens, including adult individuals and overseas Pakistanis.
• Prize money and profit are directly credited to the investor’s bank account.
• No application forms are required for claiming prize money and profit.
• Highest prize money amounts to Rs. 30,000,000 for Rs. 25,000 bonds and Rs. 80,000,000 for Rs. 40,000 bonds.
• No limit on investment amount or tenure.
• Subject to withholding tax but exempted from Zakat.
• Bonds are transferable and pledgeable.
• Can be purchased through cash, cheque, pay order, and bank draft.
• Available at State Bank of Pakistan (SBP) offices and authorized commercial bank branches.
Required Documents for Premium Prize Bond Purchase
CDNS has outlined the necessary documentation for purchasing premium prize bonds:
• Copy of CNIC.
• Account Maintenance Certificate containing account title, IBAN number, account status, bank, and branch name.
• Tax certificate (for filers).
• CNIC details of the nominee.
• Old-age citizens and women can approach the counter official directly without waiting in line.
CDNS continues to provide a secure and profitable investment avenue through premium prize bonds, ensuring financial growth for investors while offering a chance to win substantial prizes.