1500 prize bond draw date revealed – Check top cash prizes

2026-02-05 - 10:06

LAHORE – The National Savings Centre in Lahore is all set to conduct the first 1500 prize bond draw of 2026 with citizen hoping to win the cash prizes. According to the regulations, all Pakistani citizens are eligible to buy prize bonds from any SBP-BSC office, authorized branches of commercial banks, and National Savings Centers by submitting an application along with a copy of their valid CNIC. Prize money can be claimed at any SBP BSC field office, designated commercial bank branches, or National Savings Centers by completing the official claim form. 1500 Prize Bond Prize Money As per the central bank, the winner of the first prize winner will grab staggering Rs3 million while there are three prizes for second winners as each will get Rs1 million. Similarly, there are 1,696 third prizes with each winner getting the Rs18,500. Tax Deduction on Prize Money Under the revised tax policy, winners will be taxed at different rates depending on their tax-filing status. Tax filers will be subject to a 15percent tax on their prize winnings, while non-filers will face higher 30pc tax. This means that winners who are registered tax filers will see a smaller portion of their prize amount deducted compared to those who haven’t filed taxes. 1500 Prize Bond Draw Date The upcoming draw of Rs1,500 prize bond will be held on February 16, 2026, in Lahore.