Prize bond is a bearer type/kind of lottery ticket/ lottery scheme which is enforced in Pakistan under lawful system and which is legally authorized by the government of Pakistan, State bank of Pakistan and national savings bank. This is a winning scheme with a guarantee that government promises to pay back your money if you want to refund your bond or you seems it useless. This Lottery are purchased and sold on its original price with no deduction or taxes enforced.
The results of winning bonds and prizes are done through a procedure called Numbers draws which are held quarterly for each individual bond that means for each specific four draws are incurred with in a year. In these draws results are announced by announcing the winning numbers which are further updated on draws list papers and are sent to market for sell. The second phenomenon for updating results is through using internet and websites. On official websites of national savings bank or State bank of Pakistan or other financial websites are playing their great role in updating draw results time to time. The owner of a savings check the numbers written on ,he has if it is same as the winning numbers then he has to go to bank fulfill their official demands and after that he can claim his prize money after tax deduction of 10 % .
There is a specific phenomenon through which draw results are occurred. With in starting of year a schedule is presented for the dates and days for the draw to make people aware about the draw dates as well to maintain a specific phenomenon to lead good work in prize bond draws. Through this schedule a satisfaction is maintained for owners as well as for concerned authorities.
DRAW SCHEDULE 2013:
According to the given schedule 2013 by government two draws will be held in the month of January. In the first week of January on date 2nd the bond result of rupees 15000 was announced in the city of Multan, draw number 53. the second draw of this month was held in the third week of the month on 15 January 2013 in Peshawar, draw no 53 for the bond of rupees 750.
In February 4 draws are to be done, first on 1st February 2013 in Lahore for number of rupees 7500, on the same date in Faislabad draw of rupees 25000 will held. 3rd and 4th draws of month of February will be held on the date of 15 in cities of quetta and Karachi with lottery of worth rupees 1500 and 100 respectively.
In the month of march on 1st march result of 40000 was occurred in Hyderabad and on 15th march result of rupees 200 occurred in Faislabad.
On April 1 and 15 results of rupees 15000 and 750 held respectively.
In month of may 4 bond results occur two on 2nd may and two on 15th may. In june 2 results held one on June 3 and one on June 17 and then on July 2 and july 15.
Moving forward to August , in august two results held on 1st of august and two on 15th of august. Then on September 2 result of saving numbers rupees 40000 held and then on 16 September of small rupees 200. in October on 1st and 21st two draws were held. Then in November 4 draws are to be incurred on 1st and 15th , 2 draws in each day in different cities.
Lastly in December two draws will be remaining from which 1st will be held on 2nd date of December and last will be held on December 16. According to these schedule draws are being held.
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