National Savings prize bond draw: see winners and next draws

ISLAMABAD: The National Savings Division on Wednesday held the draw for the Rs750 prize bond in Muzaffarabad, where hundreds of hopeful investors awaited the results of Pakistan’s long-running savings and reward scheme.

According to the official results, bond number 953346 won the first prize of Rs1.5 million, while three winners with bond numbers 294897, 651248 and 965105 received the second prize of Rs500,000 each. In addition, 1,696 participants claimed the third prize of Rs9,300 each.

Managed by the Central Directorate of National Savings (CDNS), the prize bond scheme has remained one of Pakistan’s most trusted savings options since the 1960s. The scheme allows millions of citizens to safely invest their money while having the chance to win substantial cash rewards.

Operated in partnership with the State Bank of Pakistan, it continues to be a key part of the country’s financial inclusion efforts, particularly for small-scale investors.

Upcoming prize bond draws and tax rules

The next Rs1,500 prize bond draw is scheduled for November 17, 2025, in Rawalpindi, followed by the Rs200 draw on December 15, 2025, in Lahore. Meanwhile, draws for higher denominations will also take place in December, with the Rs40,000 bond draw in Sialkot and the Rs25,000 draw in Faisalabad on the same date.

In a separate development, the Federal Board of Revenue (FBR) has revised the withholding tax rates on prize bond winnings and profit on debt, effective July 2025. According to the new structure, filers will pay a 15 percent withholding tax on their prize money, while non-filers will face a higher 30 percent rate.

The revised rates are part of the government’s broader effort to encourage tax compliance and ensure fair taxation on income generated through national savings instruments.

For decades, Pakistan’s prize bond scheme has offered citizens an accessible way to build savings and potentially secure financial windfalls, while supporting the country’s culture of formal investment and responsible saving.