How to claim a prize bond prize
You have 6 years from the draw date to claim. How you claim depends on the kind of bond you hold.
1. Confirm the win
Check the number on the official list at savings.gov.pk before you go anywhere. Our lists are copied from the official files, but the official list decides.
2. Bearer bonds: Rs 100, Rs 200, Rs 750 and Rs 1,500
Whoever holds a bearer bond owns it, so keep the winning bond safe until it is paid.
- Bring: the original winning bond and your CNIC. Call the office first and ask what else it needs.
- Go to: a State Bank of Pakistan Banking Services Corporation office. National Savings Centres pay only prizes up to Rs 1,250. SBP says designated bank branches can pay prizes up to Rs 500,000, while National Savings says larger prizes are paid only by SBP, so call before you go.
- Bank account: larger prizes are paid into your own bank account. SBP lists an Islamic bank account as an objection, so give a conventional account.
- Payment: larger prizes are paid by demand draft or bank transfer within a few working days.
- Tax: taken before you are paid, 15% if you are on the Active Taxpayer List and 30% if not. Work out yours.
Do not hand your original bond to anyone who offers to claim for you. With a bearer bond, the paper is the prize.
3. Premium prize bonds: Rs 25,000 and Rs 40,000
Premium bonds are registered to the buyer's CNIC. Prizes are paid straight into the bank account linked to the bond, so there is no claim form. If a prize has not arrived, ask the bank or office where you bought the bond. How premium bonds work.
4. Mind the deadline
A prize must be claimed within 6 years of the draw. A prize from a draw held on 15 October 2026 can be claimed until 15 October 2032. After that it lapses.
A free account shows the claim deadline next to every win, so nothing slips. Create one.
Withdrawn bonds
The Rs 7,500, Rs 15,000, Rs 25,000 and Rs 40,000 bearer bonds were withdrawn. The last date to cash them was 31 December 2024.
Questions people ask
How long do I have to claim a prize bond prize?
Six years from the date of the draw. After that the prize can no longer be claimed.
What do I need to claim a bearer prize bond prize?
The original winning bond and your CNIC. Call the office before you go and ask what else it needs.
Where do I claim?
At a State Bank of Pakistan Banking Services Corporation office or a National Savings Centre. Larger prizes are paid by demand draft or bank transfer within a few working days.
Do premium prize bond holders need to claim?
No. Prizes on registered premium bonds are paid straight into the bank account linked to the bond.