The Rs. 1500 prize bond is one of the most popular saving and investment options in Pakistan. It is issued by the Government of Pakistan through the Central Directorate of National Savings (CDNS) and the State Bank of Pakistan (SBP). This bond gives people a safe way to save money and a chance to win big prizes through lucky draws held every three months.
What is a Prize Bond?
A prize bond is a kind of saving certificate. When you buy it, your bond number goes into a draw. If your number is picked, you win a cash prize.
If your number does not win, you can still keep the bond and take part in the next draw — or you can return it and get back your Rs. 1500 anytime.
You don’t lose your money because the bond keeps its face value. It’s like saving your money safely while also getting a chance to win.
Main Details about the Rs. 1500 Bond
- The Rs. 1500 prize bond draws are held four times a year (every three months).
- The prize structure is:
- 1st Prize: Rs. 3,000,000 (1 winner)
- 2nd Prize: Rs. 1,000,000 (3 winners)
- 3rd Prize: Rs. 18,500 (1,696 winners)
- The draws take place in different cities like Lahore, Karachi, Rawalpindi, Quetta, Peshawar, and Faisalabad.
- You can buy the bond from National Savings Centers, State Bank branches, and authorized commercial banks.
Why People Buy Rs. 1500 Prize Bonds
- Affordable investment:
It’s not too expensive and easy for middle-class people to afford. - Big prize opportunity:
The top prize of Rs. 3 million is a life-changing amount for many people. - Safe and secure:
The bond is backed by the Government of Pakistan, so it is completely safe. - Flexible:
You can hold the bond for as long as you like, and take part in every future draw. - Easy to buy and sell:
You can buy or cash your bond easily from any authorized center without much paperwork.
How to Check the Result
When a draw takes place, the list of winning bond numbers is announced by the government.
You can check the result:
- On the National Savings website
- In newspapers
- On websites like HamariWeb, UrduPoint, and PrizeBond.net
Simply match your bond number with the list to see if you have won.
How to Claim Your Prize
If your bond wins, you can claim your prize from the State Bank of Pakistan or any National Savings Center.
You will need:
- Your original prize bond
- Your CNIC (ID card)
- A filled prize claim form
Make sure to claim your prize within six years of the draw date.
Keep in mind that tax is deducted before you get the money — 15% for tax filers and 30% for non-filers.
Important Things to Know
- Winning is based on luck, not guaranteed.
- If you don’t win, you still have your Rs. 1500 — no loss.
- Keep your bond safe, because whoever has the physical paper can cash it.
- Always check the draw schedule and result on time.
Is Rs. 1500 Prize Bond a Good Choice?
Yes! The Rs. 1500 bond is a perfect balance between small and large investments. It’s more valuable than smaller bonds like Rs. 200 or Rs. 750 but still affordable compared to bigger ones like Rs. 25,000 or Rs. 40,000.
It’s great for people who want a safe place to keep money and still have a chance to win big. Even if you don’t win, your savings remain safe.
Conclusion
The Rs. 1500 prize bond is one of the best ways to save and try your luck at the same time. With a small investment, you can take part in national draws and possibly win millions. It’s secure, government-backed, and simple to understand.
Many Pakistanis buy these bonds every year, hoping their number will be the lucky one — and even if they don’t win, their money stays safe and ready for the next draw.
