Prize bonds remain a popular choice among Pakistanis for secure savings and a chance to win substantial rewards. This November, the Central Directorate of National Savings is preparing to host the highly anticipated Rs100 prize bond balloting, offering participants the opportunity to win a top prize of Rs700,000.
Rs100 Prize Bond Draw Date and Venue
The upcoming Rs100 prize bond draw is scheduled for Friday, November 15, 2024, in Multan. Every three months, National Savings conducts lucky draws for various prize bond denominations, creating excitement and offering significant prizes to winners.
Prize Details for the Rs100 Draw
The Rs100 prize bond draw will reward winners with three levels of cash prizes:
- First Prize: Rs700,000 for one lucky winner.
- Second Prize: Rs200,000 each for three winners.
- Third Prize: Rs1,000 each for 1,199 winners.
How the Prize Bond Program Works
Managed by the Central Directorate of National Savings, the prize bond scheme has been a trusted savings option since the 1960s. The program allows Pakistanis to invest without risking their initial savings while also raising essential funds for the government. Prize bonds are a safe financial tool where the principal amount remains secure, and holders can benefit from prize winnings in quarterly draws.
With its dual objectives of encouraging savings and supporting government funding, the prize bond scheme continues to provide a unique investment avenue. Whether for long-term savings or the chance to win prizes, the Rs100 prize bond draw this November promises another opportunity for participants to secure substantial winnings.
