Rs1500 Prize Bond Draw No. 99 Results Announced in Multan
The National Savings Division held the Rs1500 Prize Bond Draw No. 99 on 15 August 2024, in Multan. This event, eagerly anticipated by many across Pakistan, saw the top prize of PKR 3,000,000 awarded to the bond number 439845. Additionally, three fortunate winners claimed the second prize of PKR 1,000,000 each, with the winning bond numbers being 394976, 498391, and 555206.
As always, the excitement doesn’t end there, as a detailed list of smaller prizes is awaited by participants. In this draw, 1696 winners will each receive a prize of PKR 18,500.
Understanding Prize Bonds in Pakistan
Prize bonds remain a highly popular financial instrument in Pakistan, issued by the National Savings Division. Unlike traditional investment options, prize bonds do not offer interest. Instead, they give participants the chance to win significant cash prizes through quarterly draws. These bonds are government-backed, with the State Bank of Pakistan overseeing the draw process to ensure transparency and fairness.
When individuals purchase prize bonds, they are essentially lending money to the government with the hope that their bond numbers will be selected for a prize. This system not only provides an exciting opportunity to win substantial sums but also supports the nation’s financial resources, making it a unique and widely favored investment option in Pakistan.
