Rs.25,000 and Rs.40,000 Premium Prize Bonds are the two registered Premium Prize Bond denominations currently available in Pakistan. Unlike ordinary bearer Prize Bonds, a Premium Prize Bond is registered in the investor’s name. It provides eligibility for quarterly prize draws as well as profit paid after each completed six-month period.
National Savings currently lists a profit rate of 5.84% per year, equivalent to 2.92% for a completed six-month period. Prize money and profit are credited directly to the investor’s registered bank account, subject to applicable withholding tax.
- Active Premium Prize Bond denominations are Rs.25,000 and Rs.40,000.
- Both are registered in the investor’s name, not bearer instruments.
- Premium Prize Bonds have four quarterly prize draws each year.
- The current profit rate listed by National Savings is 5.84% annually, paid bi-annually.
- Prize money and profit are credited directly to the registered bank account.
- National Savings currently states WHT of 15% for persons on the Active Taxpayers List and 30% for persons not on the ATL.
What Is a Premium Prize Bond?
A Premium Prize Bond combines two features of the National Savings system. The registered holder can participate in Prize Bond draws while also receiving profit on the amount represented by the bonds.
The important word is registered.
An ordinary active National Prize Bond such as Rs.100, Rs.200, Rs.750 or Rs.1,500 is a bearer instrument. A Premium Prize Bond, by contrast, is recorded against the registered investor. SBP describes the scheme as Premium Prize Bonds (Registered), governed under the Premium Prize Bonds (Registered) Rules, 2017.
Currently, the two Premium denominations are:
| Premium Prize Bond | Status | Registration |
|---|---|---|
| Rs.25,000 | Active | Registered |
| Rs.40,000 | Active | Registered |
National Savings continues to list both denominations among the Prize Bonds currently offered by the Government of Pakistan.
Rs.25,000 Premium Prize Bond Prize Structure
SBP’s published Premium Prize Bond schedule gives the following prize structure for the Rs.25,000 denomination:
| Prize | Number of winning numbers | Prize amount |
|---|---|---|
| First Prize | 2 | Rs.30,000,000 each |
| Second Prize | 5 | Rs.10,000,000 each |
| Third Prize | 700 | Rs.300,000 each |
This means the official schedule contains 707 winning numbers for the Rs.25,000 Premium Prize Bond structure.
Premium Prize Bonds use a single common draw across qualifying series. Where more than one series is eligible, a successful common number can correspond to a winning bond in each qualifying series.
Rs.40,000 Premium Prize Bond Prize Structure
The Rs.40,000 Premium Prize Bond has a larger first prize:
| Prize | Number of winning numbers | Prize amount |
|---|---|---|
| First Prize | 1 | Rs.80,000,000 |
| Second Prize | 3 | Rs.30,000,000 each |
| Third Prize | 660 | Rs.500,000 each |
SBP’s schedule therefore lists 664 winning numbers for the Rs.40,000 Premium denomination.
The prize structure should not be confused with the old Rs.40,000 bearer Prize Bond, which was a different instrument and has been withdrawn from circulation.
How Often Are Premium Prize Bond Draws Held?
Each Premium Prize Bond denomination has four quarterly draws in a year.
SBP states that the scheduled draw dates are the 10th of March, June, September and December, subject to the official annual draw schedule.
A Premium Prize Bond also has to meet the required holding period before it can participate in an upcoming draw. SBP states that Rs.25,000 and Rs.40,000 Premium Prize Bonds need a two-month minimum holding or retention period for prize eligibility. National Savings similarly states that Prize Bonds issued at least 60 days before a draw are eligible.
Readers can check the current dates through the PrizeBondList.pk draw schedule page.
Premium Prize Bond Profit Rate
Premium Prize Bonds pay profit in addition to providing entry into prize draws.
National Savings currently lists the rate at 5.84% per year. The applicable Finance Division notification sets the bi-annual rate at 2.92% for each completed six-month period, until a further rate notification changes it.
For example, at the current rate:
| Bond | Gross profit for 6 months | Gross annual equivalent |
|---|---|---|
| Rs.25,000 | Rs.730 | Rs.1,460 |
| Rs.40,000 | Rs.1,168 | Rs.2,336 |
These are gross figures before withholding tax, assuming the current rate remains applicable for the relevant completed periods.
Profit is not earned for an incomplete six-month period. SBP states that eligibility requires holding the bond for a completed six months from issuance or from the date of the last profit payment.
The rate is not permanently fixed. The Federal Government can revise it, so the latest National Savings or SBP notification should be checked before calculating future profit.
Premium Prize Bond Tax for Filers and Non-Filers
Withholding tax applies to both prize money and profit on Premium Prize Bonds.
National Savings currently gives these rates:
| Taxpayer status | Current WHT rate |
|---|---|
| Person appearing on ATL | 15% |
| Person not appearing on ATL | 30% |
ATL means the Active Taxpayers List maintained by the Federal Board of Revenue. FBR also explains that being on the ATL provides a lower withholding rate on Prize Bond winnings.
SBP identifies the two tax treatments separately under the Income Tax Ordinance: profit is subject to Section 151 and Prize Bond winnings to Section 156.
Example of tax on a Premium Prize Bond prize
Suppose an ATL-listed investor wins a third prize of Rs.500,000 on a Rs.40,000 Premium Prize Bond.
At a 15% withholding rate:
- Gross prize: Rs.500,000
- Tax deduction: Rs.75,000
- Amount after this withholding: Rs.425,000
For a person not appearing on the ATL at a 30% rate, the deduction on the same Rs.500,000 prize would be Rs.150,000.
Tax rules can change. Check the latest FBR and National Savings position before relying on a calculation for an actual payment. FBR’s current withholding tax rate card is updated for Tax Year 2027 under the Finance Act 2026.
Who Can Buy Rs.25,000 and Rs.40,000 Premium Bonds?
National Savings states that Premium Prize Bonds are available to adult Pakistani citizens and Overseas Pakistanis. SBP’s scheme information also allows purchase by a single adult or by two adults in joint names under the permitted joint holding arrangements.
An investor must have a bank account because payments connected with the Premium bond are handled through the registered bank account.
SBP specifically states that maintaining an account in the applicant’s name is mandatory for purchase.
There is currently no maximum investment limit stated for Premium Prize Bonds, and National Savings describes their tenure as unlimited.
Where Can You Buy Premium Prize Bonds?
Rs.25,000 and Rs.40,000 Premium Prize Bonds can be purchased through:
- SBP Banking Services Corporation offices dealing with the scheme
- authorized commercial bank branches
National Savings lists cash, cheque, pay order and bank draft among the accepted purchase methods. SBP also issued updated instructions in August 2026 governing the issuance of Premium Prize Bonds through authorized commercial bank branches.
Because authorization can change, check the latest official branch list rather than assuming every bank branch handles Premium Prize Bonds.
Documents Required to Buy a Premium Prize Bond
National Savings currently lists the following documents or information for a Premium Prize Bond sale application:
- copy of CNIC
- Account Maintenance Certificate containing account title and IBAN details
- tax certificate in case of a filer
- nominee CNIC details
SBP’s detailed guidance states that the identity document may include a valid CNIC, SNIC or Pakistan Origin Card where applicable. It also states that the Account Maintenance Certificate used for registration should not be older than one month from the application date.
Registration is mandatory because the Premium bond is issued against the investor’s identity rather than as an anonymous bearer instrument.
How Is Premium Prize Bond Prize Money Paid?
One of the biggest practical differences between ordinary bearer Prize Bonds and Premium Prize Bonds is the payment process.
A Premium Prize Bond winner does not normally submit a Prize Bond prize claim form.
SBP states that prize money is directly credited to the registered investor’s bank account. Profit is also credited directly when due.
This makes keeping your bank information current important. If the registered bank account changes, the investor should have the record updated through the relevant Office of Issue.
Can Premium Prize Bonds Be Encash, Transferred or Pledged?
Yes.
A registered investor can encash Premium Prize Bonds through the Office of Issue. SBP states that there is no deduction from the face value itself on encashment, and the proceeds are credited to the registered bank account.
Premium Prize Bonds are also transferable. SBP requires the personal presence of both transferor and transferee and specifies identity documents, the original bonds and the transferee’s account information for the transfer process.
They can also be pledged. SBP’s published FAQ states that a Premium Prize Bond may be pledged three months after its date of issue, subject to the requirements of the institution accepting the pledge.
What Happens If a Premium Prize Bond Is Lost?
A lost registered Premium Prize Bond is very different from a lost bearer Prize Bond.
Because the Premium bond is registered, SBP provides a loss-reporting and replacement procedure. The investor must personally report the loss to the Office of Issue, using the required application and a copy of an FIR or NC. After verification, replacement Premium Prize Bonds of the same face value but with different numbers can be issued in the same investor’s name.
SBP also provides a dedicated PPB-7 Application for Lost PPB among its Premium Prize Bond forms.
Premium Rs.25,000 and Rs.40,000 Bonds Are Not the Old Bearer Bonds
This distinction matters.
The current Rs.25,000 and Rs.40,000 Premium Prize Bonds are registered and active. They are not the old Rs.25,000 and Rs.40,000 National Prize Bonds that were issued as bearer instruments.
The old bearer denominations were withdrawn from circulation. SBP’s final published extension allowed encashment, conversion or redemption of the withdrawn Rs.25,000 and Rs.40,000 bearer Prize Bonds until December 31, 2024.
| Rs.25,000 / Rs.40,000 bond type | Current status |
|---|---|
| Premium Prize Bond Registered | Active |
| Old National Prize Bond Bearer | Withdrawn |
If you have an old bearer bond rather than a Premium registered bond, see the PrizeBondList.pk page on discontinued Prize Bonds instead of following Premium Prize Bond procedures.
Rs.25k and Rs.40k Premium Bonds in Simple Terms
The Rs.25,000 and Rs.40,000 Premium bonds remain Pakistan’s two registered Prize Bond denominations. They provide quarterly draw eligibility and bi-annual profit, while ownership, prize payments and profit payments are linked to the registered investor.
Before purchasing, make sure your CNIC and bank details are correct and use only an authorized SBP BSC office or commercial bank branch. If you already hold Premium bonds, you can use the PrizeBondList.pk draw schedule and Prize Bond search tools to check draw information, while National Savings and SBP remain the final sources for scheme rules and payment procedures.
PrizeBondList.pk is an independent information website and is not operated by National Savings, the State Bank of Pakistan or the Government of Pakistan. Official sources should be used for final confirmation of claims, forms and policy changes.
FAQs
Is the Rs.25,000 Premium Prize Bond still available in Pakistan?
Yes. National Savings currently lists the Rs.25,000 Premium Prize Bond as an active registered denomination, together with the Rs.40,000 Premium Prize Bond. The old Rs.25,000 bearer Prize Bond is a different instrument and has been withdrawn.
What is the first prize of the Rs.25,000 Premium Prize Bond?
The official prize schedule provides two first-prize winning numbers of Rs.30,000,000 each for the Rs.25,000 Premium Prize Bond structure. It also provides five second-prize numbers of Rs.10,000,000 and 700 third-prize numbers of Rs.300,000.
What is the first prize of the Rs.40,000 Premium Prize Bond?
The first prize for the Rs.40,000 Premium Prize Bond is Rs.80,000,000. The schedule also provides three second prizes of Rs.30,000,000 and 660 third prizes of Rs.500,000.
What is the current Premium Prize Bond profit rate?
National Savings currently lists the Premium Prize Bond rate at 5.84% per year. The applicable government notification expresses this as a 2.92% bi-annual rate, with profit becoming payable after completion of the required six-month period. The Government can revise the rate through a later notification.
Do I need to claim Premium Prize Bond winnings manually?
No prize-money claim application is normally required for a registered Premium Prize Bond. SBP states that the prize is credited directly to the bank account registered against the winning bond.
Can an Overseas Pakistani buy Premium Prize Bonds?
Yes. National Savings includes Overseas Pakistanis among eligible investors. SBP states that Overseas Pakistanis may purchase Premium Prize Bonds from authorized offices in Pakistan using the applicable NICOP or Pakistan Origin Card documentation.
Can a lost Premium Prize Bond be replaced?
Yes, subject to the official verification procedure. A registered investor must report the loss to the Office of Issue and provide the required application and FIR or NC. SBP states that replacement bonds of the same face value but different numbers may then be issued after verification.