Prize Bond Draw # 46 For Rs 100
Prize Bond 100 - A prize bond is a new and easy way of earning profit and becoming wealthier by giving the chance to your luck. This scheme was introduced in 1960 by the State Bank of Pakistan under the name of “National Prize Bonds”. It was set under some rules and regulations and all the operations of Prize Bond are managed by State Banking Service Corporation Bank, (auxiliary of State Bank of Pakistan) which includes authorized Commercials Banks and National Savings Centers.
It means that the Prize bonds are only sold from them and all prize bonds and money are collected from (CDNS) and no other centers are involved in between them. The aim of introducing this concept to the government is to provide ease and facilitate the general public with secure investment by providing them different cash rewards after purchasing bonds and lotteries from them.
Apart from that, currently in Pakistan the prize bond is held in several denominations which are ranging from low denomination Prize bond 100 to the bigger ones. Here each denomination has different criteria of winning amount and no of prizes. However, only 3 categories of winners will be considered which are 1st, 2nd, and 3rd. Besides, categorization some terms and conditions will also apply including that the 100 Prize Bond List 2024 or any other denomination list is always drawn quarterly within a year which means that you can purchase 100 Prize Bond or any other bond and try your luck four times a year.
100 Prize Bond of Winning Amount:
- The value of 1st prize is Rs. 700,000 to one winner.
- The value of 2nd prize is Rs. 200,000 to three winners.
- The value of 3rd prize is Rs. 1,000 to 1,199 winners.
Further, the 100 Prize Bond Draw is conducted by the Central Directorate of National Savings/ National Savings Center (CDNS) every year through a particular drawing system that is Hand Operated Drawing Machines (HODM). Apart from that, the money reward must be 6 months after qualifying otherwise the person will not be eligible to receive money. The prize of money will be received from any branch of the State Bank of Pakistan through the submission of CNIC and claiming form.
As with the popularity gained by Prize bonds in Pakistan the CNBS initiated Premium Prize Bond Registered. It is a registered bond under the name of the investor and differs from the National Prize Bond and the prize of this bond is not only received 6-month profits but also has a chance to win rewards till the period requirements. And in this prize bond, category 40,000 denominations will be included. Besides this, the SBP BSC will also facilitate the public by introducing direct credit services through the SMS or public bank accounts.
In this regard, Hamariweb.com offers a great service of Prize Bond 100 or any other Prize bond, so if are looking for 100 bond list 2024 then through this you can easily and comfortably navigate the updates of 100 Prize Bond list 2024 even that can check out any other Prize bond along with particular drawing facilitation. In this way you will be able to explore the list of 100 Prize Bond draws to get proper and accurate info about Prize Bond 100.
Besides that, the page has the accessibility to give you current updates and the schedule of Prize Bond Result 100 when the 100 Prize bond draw occurred in a particular time and location. In short, this page will give you a chance to easily and within a short period to check and update yourself about Prize bond Result 100 and other bond dominations with date, city, and day.