How to buy prize bond in Pakistan?

How to buy prize bond in Pakistan?

A Comprehensive Guide to Purchasing National and Premium Prize Bonds in Pakistan. In Pakistan, the acquisition of prize bonds is a popular investment avenue for individuals seeking both financial security and the thrill of potential winnings. Prize bonds are issued by the government and offer the chance to win substantial cash prizes through periodic draws. This guide aims to provide a detailed overview of the process involved in purchasing both national and premium prize bonds in Pakistan, along with the requirements for prospective buyers. How to get prize bond in Pakistan?

How to buy national prize bond in Pakistan?

Purchasing National Prize Bonds

To buy the National Prize Bonds in Pakistan, interested individuals can conveniently visit any State Bank branch or authorized banking service corporations. These entities are designated and authorized by the government to facilitate the sale of National Prize Bonds. It’s important to note that several scheduled banks across the country also participate in this process.

Requirements for Purchasing National Prize Bonds

Original National Identity Card (NIC)

Prospective buyers must present their original NIC along with a photocopy for verification purposes.

Bank Account Details

In addition to the NIC, individuals need to furnish their bank account details, including the International Bank Account Number (IBAN). The IBAN consists of 24 digits, starting with PK, and serves as a crucial component for financial transactions.

How to buy premium prize bond in Pakistan?

Purchasing Premium Prize Bonds

For those interested in acquiring premium prize bonds in Pakistan, the process remains largely similar to that of national prize bonds. Premium Prize Bonds offer enhanced prize amounts, but there are additional charges involved for processing prize money claims and purchasing various types of prize bonds. Premium prize bonds are registered prize bonds. There are several benefits of holding premium prize bonds.



Requirements for Purchasing Premium Prize Bonds

Original National Identity Card (NIC)

As with National Prize Bonds, individuals must present their original NIC along with a photocopy. Photocopy of NIC of the Next of Kin: Additionally, buyers are required to provide a photocopy of the NIC of their next of kin.

Contact Information of Next of Kin

It’s essential to furnish the contact number of the next of kin for administrative purposes.

Bank Account Details

Similar to National Prize Bonds, prospective buyers need to provide their bank account details, including the International Bank Account Number (IBAN), which comprises 24 digits starting with PK.

Example IBAN Format: PK00 HABB 0000 0000 0000 0000



The process of purchasing national and premium prize bonds in Pakistan offers individuals an opportunity to invest in a government-backed scheme while potentially reaping significant financial rewards. Whether opting for national or premium prize bonds, buyers must fulfill the specified requirements, including presenting their original NIC, providing bank account details, and adhering to any additional prerequisites set forth by the designated banking authorities. By following these guidelines, individuals can embark on their journey towards participating in the exciting world of prize bond investments in Pakistan.