Encash Your Prize Bond

To present encash your prize bond original at the counters of SBP BSC Offices, Commercial Banks and National Savings Centers and get face value thereof.

Check complete Prize Bond list 2023.

To encash a prize bond in Pakistan, follow these steps:

1. Find the nearest National Savings Center or State Bank of Pakistan branch. You can use the official website of National Savings Pakistan to locate the nearest center or branch.

2. Take your original prize bond along with a copy of your CNIC to the National Savings Center or State Bank of Pakistan branch.

3. Fill out the prize bond encashment form provided by the staff at the center or branch. Make sure to provide accurate information about yourself and your prize bond.

4. Submit the completed form along with your prize bond and CNIC copy to the staff at the center or branch.

5. Wait for the staff to verify the details on the form and confirm the validity of the prize bond.

6. Once the verification process is complete, the staff will either pay you the prize amount in cash or issue a cheque in your name.

7. Make sure to check the amount paid to you and collect your prize bond, as it will be canceled after encashment.

Remember to keep your CNIC and prize bond safe during the entire process to avoid any issues. Also, note that there are no fees or charges for encashing a prize bond in Pakistan.

Q: How do I check if my prize bond has won a prize?

A: You can check the results of the bi-annual prize bond draws on the official website of the National Savings Pakistan, Hamariweb and by visiting a National Savings Center or State Bank of Pakistan branch.

Q: How do I encash my prize bond?

A: You can encash your prize bond at any National Savings Center or State Bank of Pakistan branch by presenting your original prize bond along with a copy of your CNIC. The prize amount will be paid to you in cash or through a cheque.

Q: Is there a time limit for encashing my prize bond?

A: No, there is no time limit for encashing your prize bond. You can encash it at any time after the draw in which it was included.

Q: Are there any fees or charges for encashing my prize bond?

A: No, there are no fees or charges for encashing your prize bond.

Q: Can I sell my prize bond to someone else?

A: Yes, you can sell your prize bond to someone else, but the buyer will have to encash it themselves.

Q: What happens if I lose my prize bond?

A: If you lose your prize bond, you will need to report it to the nearest police station and obtain a FIR. You can then apply for a duplicate bond by filling out an application form and paying a nominal fee.

Q: Can I encash my prize bond outside of Pakistan?

A: No, you can only encash your prize bond at a National Savings Center or State Bank of Pakistan branch within Pakistan.