OnlinePediaHub - Education News Prize Bond Tips Tricks

OnlinePediaHub - Education News Prize bond Tips tricks

National Savings Prize Bond Schedule 2017

Prize Bond Draw schedule 2017 list

A prize bond is a perfect way of saving your money and getting it back whenever you want it.Many countries are now selling prize bonds to their people.They can be a good investment because you can win a prize in it. Government mostly invests the money received through bonds in businesses and a big percentage of profit is used by the government while a little part is given to winners of a draw. Every bond has its specific and unique serial number.

 

Is prize bond a lottery type ticket?

No, it is not a lottery type thing. In a lottery, you buy a ticket and if you get a prize in it then you get profit otherwise your all money is lost. A Lottery is a gamble. While in bonds you can sell your bonds to any bank or government investment centers and get the amount of that bond back.

Where to buy them?

Prize bonds are available mostly at state banks and specified government investment centers. You can buy them from these places easily. While an owner of prize bonds has the right to sell them to any one. So you can also buy them from people who want to sell it.

 

What is the benefit in investing them?

Well, it depends on. If you want regular profit then it is not a good choice because you are not going to win the draw every time.While it is a good choice for people who want to save their money and thinks that they will spend them if they keep the money in cash with them. So yes it is a good choice for people who want to save their money but it is not a good choice for people who want to earn a hefty profit.

How someone wins a prize through bonds?

Draws are held every month or every fifteen days. In these withdraws the tickets of every bond are present.So here comes a luck factor whether you win a prize or not.There are schedules of draws available on the website of every country's department involved in it. Prize bond schedule 2017

Are now available on the websites.You can check the Prize bond schedule 2017 on the website of your own state's specific department that is dealing with all the affairs of bonds.You can buy bonds when according to the prize bond schedule 2017, the draw date is near. If you were unable to win a prize in draw schedule 2017 you can either save your bonds to try your luck in future or can sell them to get your money. While keeping the bond is the best choice because in this way your money will remain to save and you can use it in future whenever you need it.You can keep the bond for any other draw in Prize bond schedule 2017.

Prize bond list time table available here you can download So, we can accept that Prize bond is a good investment choice. You can also save it for future and your money will be saved.If you are lucky enough you can also win a prize in a draw. Secondly, the positive thing in bonds is that their buying and selling value always remains same so they are the best option for saving money.

Note:. in case draw falls on a public holiday(s) the draw will be held on the following working days,

Pistributim,

1. The Director,Currency Management Department,5BP, BSC (Bank) Head Office, 1.1. Chundrigar Road, Karachi.

2. Mr. All Madani, Deputy Director, State Bank of Pakistan, SBP Banking Services Corporation, (Bank), 1.1.ChundrIgar Road, Karachi

3. All Regional Directorates of National Savings.

4. The Principal, TINS, Islamabad/Karachi.

5, The Director General, Pakistan Post Offices, Islamabad.

6. State Bank of Pakistan, Karachi, Hyderabad, Rawalpindi, Islamabad,Multan, Lahore, Peshawar, Faisalabad, Quetta and Muzaffarabad, 

7. PA to Director General, National Savings.

8. P.A. to Director (Admn)/Director(PD&M)/Director (L),ProJect Director, Director (Operation) CONS.

9. All Sections of CDNS, Islamabad.

10.A11 Post Master Generals (PMGs).

Kocho Muboshir Hassan Bala

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