1500 Prize Bond Draw Details Announced Officially for May 2025

The National Savings Centre has officially announced the details for the Rs. 1500 Prize Bond draw scheduled for May 2025, offering participants a chance to win substantial cash prizes. This quarterly event, popular among Pakistani investors, will take place in Karachi and allow bondholders to claim significant rewards.

Draw Details

• Date: Thursday, May 15, 2025
• Venue: National Savings Centre, Karachi
• Draw Type: Second draw of Rs. 1500 Prize Bond for 2025
• Previous Draw Reference: The last draw was held in February 2025, with the top prize won by bond number 402432.

Prize Structure

• First Prize: Rs. 3,000,000 (1 winner)
• Second Prize: Rs. 1,000,000 (3 winners)
• Third Prize: Rs. 18,500 (1,696 winners)
  These prizes remain consistent with the standard Rs. 1500 Prize Bond scheme, attracting a wide range of investors.

Tax Implications (New Rule)

• Tax Filers: 15% tax on prize winnings.
• Non-Filers: 30% tax on prize winnings.
  This updated tax structure, effective from 2025, will reduce the net amount received by winners based on their tax filing status.

How to Participate

• Eligibility: Anyone holding a valid Rs. 1500 Prize Bond purchased before the draw date is eligible.
• Purchase: Bonds are available at designated National Savings Centres or authorised banks across Pakistan.
• Checking Results: Results will be announced on May 15, 2025, and can be checked via:
  • Official National Savings website (savings.gov.pk)
  • Local newspapers
  • Authorised prize bond agents

Key Updates for May 2025

• The draw aligns with the 2025 Prize Bond Schedule, which includes quarterly draws for denominations like Rs. 100, Rs. 750, Rs. 1500, and others.
• No changes to the draw date or prize amounts have been reported, despite earlier speculation about schedule shifts.
• Bondholders are encouraged to verify their bond numbers post-draw, as unclaimed prizes remain valid for a limited period.

Additional Information

• Security Note: Avoid unofficial websites or agents promising guaranteed wins; all transactions should be through authorized channels.
• Prize Claim Process: Winners must present their original bond and CNIC at a National Savings Centre within six months of the draw date to claim prizes.
• Investment Appeal: Prize Bonds are a risk-free investment option, ideal for those seeking a chance at large rewards without interest-based returns.

This draw is a significant event for investors in Pakistan, offering a potential life-changing payout. Stay updated through official sources and prepare your bonds for the May 15, 2025, draw in Karachi!