Prize Bond Rs. 40000 - Results and, Draw Results, Schedule Dates and News
Previous 40000 Rupees Prize Bond Draws
40000 Prize Bond Draw Schedule 2021 of 40000 Rupee Bonds
|Bond Price||Draw #||Draw Date||Draw City|
|18||10 September 2021||Peshawar|
|18||10 December 2021||Lahore|
New Prize Bond Draws
Prize Bonds Full Denomination List
Rs. 40000 Prize Bond
A prize bond is a lottery bond. It is not a way of earning interest. People get the prices on regular draws. Prize bonds are issued on behalf of the Government of Pakistan. Every year, many people win the prize money in the bond through this bonding system.
It is a golden investment for poor, middle-class people. Because they can invest according to their saving or investment limits, and then they can get the reward in the form of a prize of that prize bond.
Prize bonds are present in different denominations. If someone wins the prize bond, he must have to pay tax on the prize bond winning amount. There are two types of people who are prize bondholders. One is a filer, and one is a non-filer. The filer prize bondholders have to pay a 15% tax on the prize money, and nonfiler holders have to pay 25% of the prize money as a tax.
Bonds are 100% safe. If anyone wants the more chances of winning, they should buy the prize bonds in serials instead of random numbers. Prize bonds do not expire ever. You can hold them until you want to.
There are many bonds. Like, 100, 200, and so on. But here we are going to discuss the prize bond of Rs. 40000.
This bond is not the most common because it worths high. If someone doesn't get the chance to win the prize bond, he will not lose his 40000, but the amount will be of no profit too. So fewer people take an interest in bonds of 40000.
There are two types of prize bonds of 40000. One is a simple prize bond of 40000, and the other one is the Premium 40000 bond. The premium 40000 prize bond worths the more amount of prize, whereas the simple prize bond of 40000 worth a lesser amount of money than premium ones.
The prize bond scheme was started in 1960. The Government of Pakistan started it. This scheme was about the earning of money from the public at cheaper rates. Prize bonds can be purchased from the State Bank of Pakistan. If someone wants to purchase the bond, he needs to fill the form and submit it to the State Bank.
The prize bond is valid until the scheme is valid. When the scheme will be closed, the prize bonds will also become invalid.
How the prize bond work:
The lucky draw of prize bonds is held by the committee of the National saving of Pakistan. The hand operating device selects the lucky draw winner. It is done by a child who operates the machine, and then the machine selects the winner. A prize bond ceremony is held twice every year. The general public can also attend the ceremony.
Draw prizes of 40000 in 2020:
Every year prize bond draws take place at different places and on different dates. Four bonds are drawn each year for the prize bond of 40000—the months of lucky draws for the prize bond of Rs. 40,000 are as follows. Also, the trend goes the same each year.
Prizes of 40000 Prize bond:
There is a total of three number of prizes of prize bond of 40000:
- The maximum prize offered is 80,000,000 on a premium bond of 40000.
- The first amount offered on the 40000 prize bond is 75,000,000
- The second amount offered at 40000 is 25,000,000.
How to check online prize bond:
When someone wins a prize bond, he can check his prize bond denomination online. If you need to check the bond status online, put the denomination number & prize bond number. You will see your results on the screen.
How to claim the prize:
The prize bond money can be claimed from the National saving center if the prize money is 1250 Rs. But if the prize money is more than 1250, it would be claimed from the State Bank of Pakistan. If someone wins a prize, he may claim his prize within six years.
The documents required for claiming the bond prize is:
- Applicant's original CNIC
- Original prize bond
- A photocopy of the prize bond with the applicant's signature on the backside of the bond.
The bond of 40000 is not so trendy; this is because of the bond worth that is such a valuable amount of money. That is why fewer people invest their money in this type of bond. All the prizing depends upon luck. So people don't want to waste their such a valuable amount on luck.