Prize bonds encashment date extended till Sept 30, 2021

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2021-05-30T11:12:00+05:00 News Desk

The government has extended the date for encashment of prize bonds worth Rs25,000 and Rs40,000 for another four months, reported 24NewsHD TV channel on Sunday. 

According to a finance ministry notification, the last date for the encashment/redemption of prize bonds worth Rs25,000 and Rs40,000 has been extended from May 31 to Sept 30, 2021.

While the Rs7,500 denomination prize bonds could be encashed/redeemed by December 31, 2021. Rs15,000 prize bonds could be encashed by June 30, 2021; whereas the encashment date for Rs40,000 denomination prize bond has been extended till Sept 30, 2021, according to the notification.

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The prize bonds could be encashed/redeemed/converted from the State Bank of Pakistan and its 16 sub-offices across the country. 

People could also encash/redeem prize bonds through their own bank accounts and six commercial banks in the country, the notification added.

Reporter Habib Khan

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