Extension in Last Date for Encashment / Conversion/ Redemption of Prize Bonds | Last Date Prize Bond
Extension in Last Date for Encashment/Conversion/Redemption of Rs.40,000/-, Rs.25,000/-, Rs.15,000/- & Rs.7500/- Denomination National Prize Bonds Withdrawn from Circulation Dear Sir/Madam, This is with reference to this department Circular No. 2 dated March 30, 2022 wherein the last date for encashment / conversion / redemption of captioned denominations of National Prize Bonds (NPBs) was communicated as June 30, 2022. 2. In this connection, it is informed that the Finance Division, Government of Pakistan has extended the last date for encashment / replacement / conversion of Rs. 40,000/-, Rs. 25,000/-, Rs. 15,000/- & Rs. 7,500/- denomination National Prize Bonds (bearer) respectively up to June 30, 2023, vide Notification Nos. F.16(3)GS- I/2014-801, 800, 799 & 798 dated October 25, 2022 (copies enclosed). 3. Accordingly, all branches shall be advised to accept requests for encashment / conversion / redemption of cited denominations from general public till June 30, 2023. Further, the banks shall submit branch / region wise consolidated data of cited denomination NPBs held by them on last date i.e. June 30, 2023 latest by July 4, 2023 as per the instructions stipulated in aforementioned CMD Circular. 4. All other instructions in this regard shall remain unchanged. 5. Kindly disseminate aforementioned instructions to all branches and concerned officials for information and strict compliance. @Bank Portal #sbp #prizebond #prizebonds #bond #bonds #nationalsavings #nationalsaving • SMEs as per SBP Regulations / Small Enterp... Follow me on Social Media: Instagram: / bankportal Facebook: / bankportal Twitter: https://twitter.com/ Website: Email: Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in the favor of fair use
