prize bond bank name Habib Bank Limited, Allied Bank Limited, Bank Alfalah Limited, National Bank Limited, and United Bank Limited - How to buyPrize Bondin Pakistan Prize Bond Company DAC Unveiling the Prize Bond Bank Name: Your Gateway to Secure Investments

How to buyPrize Bondin Pakistan The world of Prize Bonds offers a unique, lottery bond-style investment without the promise of interest or premium. For those looking to buy Prize Bonds online or through traditional channels, understanding which bank name can facilitate these transactions is crucial.Sale of Premium Prize Bond (Registered) This article delves into the specifics of where and how to purchase and encash Prize Bonds, focusing on the essential information you'll need for a smooth experience.

What are Prize Bonds and Where Can You Purchase Them?

Prize Bonds are essentially non-interest-bearing securities issued on behalf of a government's finance ministry. In Pakistan, the Central Directorate of National Savings (CDNS) initiates various Prize Bond schemes, with the Premium Prize Bond (Registered) being a prominent example.A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by thePrize Bond Company DAC. While not a product of the State Bank of Pakistan, the Premium Prize Bond Scheme is a Central Government debt instrument.

You can purchase Prize Bonds from several authorized financial institutions. These include:

* State Bank of Pakistan (BSC): Offices of the State Bank of Pakistan (BSC) act as key points for Prize Bond transactionsPrizes can be automatically paid into the registered Bondholder(s)bankaccount on provision of a SEPA IBAN and proof document validating the IBAN. OR. 2.. You can often acquire these bonds directly from SBP-BSC field offices.

* Authorized Commercial Banks: A network of commercial banks is authorized to deal in Premium Prize Bonds. This includes prominent names such as Habib Bank Limited, Allied Bank Limited, Bank Alfalah Limited, National Bank Limited, and United Bank LimitedSBPBankingServices Corporation. Authorized Commercial Banks to Deal in PremiumPrize Bonds(Registered). S No.Bank Name. Branches. 1. NationalBankof .... The availability through these institutions ensures widespread accessibility across major cities and towns.

* National Savings Centers: These centers are also designated locations for acquiring and encashing Prize Bonds.

For those interested in the Premium Prize Bond (Registered), it's important to note that these can be purchased from offices of the State Bank of Pakistan (BSC) and authorized branches of commercial banksPrize Bond is a lottery bond offered by the National Savings Pakistan, it is a bearer type of investment security, which gives no premium or profit..

Facilitating Transactions: Specific Bank Names and Branches

A comprehensive list of branches authorized to handle Prize Bonds is available, often in PDF format. For instance, documents detail ConsolidatedListBranches-PPBS No. Bank Name Branch Name Branch City / Province List ....pdf, outlining authorized commercial banks and their respective branches for Premium Prize BondsPrize Bond Result Inquiry Software (PBRIS) - অভ্যন্তরীণ সম্পদ ....

Examples of designated branches and their locations include:

* Karachi Main Branch: Located at IPremium Bonds | Our savings Accounts.I. Chundrigar Road, Karachi, this branch is a significant hub. Another listed branch is at Marriot Road, Karachi.

* Other Designated Branches: You can find specific branch details for various regions.无主题 For example, a listing includes branches like the one in Mansehra (Branch Code: 140) and the BANKSQUARE, FAISALABAD branch, serving the West District of Faisalabad.

When considering specific banks, Bank AL Habib actively participates in the sale of Premium Prize Bonds (Registered). Similarly, the National Bank of Pakistan (NBP) is involved in the acceptance of prize money claims for National Prize Bonds up to Rs. 500,000/-. Allied Bank has also announced campaigns related to National Prize Bonds.Digital Prize Bonds (Registered) Rule, 2024

Obtaining Forms and Information

For those looking to purchase or encash bonds, specific application forms are required. The "Application for Purchase/Encashment of National Prize Bond" is available in both English and Urdu. You may also find forms for the 25,000 Premium Prize Bond PURCHASE form if you are interested in that denominationPremium Prize Bond.

Prize Money and Payment

The payment of National Prize Bonds, especially for higher denominations like Rs.SBPBankingServices Corporation. Authorized Commercial Banks to Deal in PremiumPrize Bonds(Registered). S No.Bank Name. Branches. 1. NationalBankof ... 500,000/-, can be handled through the State Bank of Pakistan. In some cases, prizes can be automatically paid into the bondholder's bank account upon providing a SEPA IBAN and proof of its validation. This option is particularly relevant for schemes like the NS&I in the UK, where prizes can be paid directly into an NS&I Direct Saver or your bank accountPrize Bond Draw No. 105 Rs. 1500 - February 2026 - KSE.

It's worth noting that for Premium Prize Bonds (Registered), the scheme is initiated by the CDNS, and the bonds are issued as Central Government Debt. While not a direct product of the State Bank of Pakistan, the SBP Banking Services Corporation plays a role in their issuance and processing.

Beyond Pakistan: International Context

While the primary focus here is Pakistan, it's useful to be aware of similar instruments elsewhere.NATIONAL PRIZE BOND. THROUGH DESIGNATED BRANCHES. Allthe Bank AL Habib Limitedaccount holders are ... Money Claim specifically on their names upto. Rs.500,000 ... For example, the UK's NS&I (National Savings and Investments) is a state-owned savings bank that offers Premium Bonds. Ireland has its own Prize Bond Company DAC, which issues Prize Bonds as a non-interest-bearing securityNational Prize Bonds - Forms.Application for Purchase/Encashment of National Prize Bond, English, Urdu. Application for Purchase of NPB through Cheque .... In Hong Kong, the government also issues Government Bonds, including Government Sustainable Bond Programmes and Green Bond Frameworks. In the US, individuals can purchase Series EE and Series I savings bondsSale of Premium Prize Bond (Registered).

Key Takeaways for Prize Bond Holders:

* Bank Name is crucial for purchasing and encashing Prize BondsSale of Premium Prize Bond (Registered).

* Authorized institutions include branches of the State Bank of Pakistan (BSC), designated commercial banks like Habib Bank Limited, Allied Bank Limited, Bank Alfalah Limited, National Bank Limited, and United Bank Limited, and National Savings Centers.

* Specific forms, such as the "Application for Purchase/Encashment of National Prize Bond," are necessary.

* Prize money can often be claimed directly at authorized bank branches, and in some cases, can be directly deposited into your bank account.

* Understanding the issuer (ePrize Bonds.g.How do Prize Bonds work?, CDNS for Golden Prize Bonds in Pakistan) clarifies the nature of the investment.

By being informed about the authorized bank names and the process, you can confidently navigate the world of Prize Bonds and manage your investments effectively.