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Exploring Premium Prize Bonds: A Comprehensive Guide on Purchasing and Understanding | National Savings

Premium Prize Bond (Registered) Product: Central Directorate of National Savings (CDNS) has initiated a Registered Prize Bonds Scheme called’ Premium Prize Bonds (Registered) We are pleased to inform you that Bank Alfalah has been selected amongst the banks that have been authorized by the State Bank of Pakistan to increase the outreach of the aforesaid scheme to general public. SALIENT FEATURES Profit Rate is 1.79% bi-annual. Available in Rs. 25,000/- & Rs 40,000/- Denomination. Registered in the name of investor. Quarterly Prize Money Draws as well as Bi-annual Profit Payment. For Pakistani Citizens (Adult individuals), Overseas Pakistanis. Direct Credit of Prize Money and Profit in Investors Bank Account. No Application Forms required for claiming prize money  & profit. Highest prize of Rs. 30,000,000/–  (25,000/-) and  Rs 80,000,000/-. (40,000/-) Unlimited Investment and Tenure. WHT is applicable & Exempted from Zakat. Transferable & Pledge-...