National Savings has made an important announcement for individuals who have purchased or currently hold Rs1,500 prize bonds, confirming that the final draw for this denomination in 2026 will take place in November.
According to the schedule issued by the Central Directorate of National Savings, the Rs1,500 prize bond draw will be held on November 16, 2026, in Hyderabad. This will be the fourth and final draw of the year for this denomination and has been designated as Draw No. 108.
Winners of the upcoming draw will receive substantial cash prizes. The first prize has been set at Rs3 million, while the second prize will be Rs1 million. The third prize winners will receive Rs18,500 each.
Following the completion of the draw, the results will be published on the official National Savings website, where citizens can check their prize bond numbers to determine whether they have won. A complete list of winning numbers will also be available online.
Under National Savings regulations, a prize bond must have been issued at least 60 days before the draw date to qualify for participation.
Winners will be required to submit a claim form, the original prize bond, and a copy of their Computerised National Identity Card (CNIC) to the relevant authorities to claim their prizes.
Prize winners will have six years from the date of the draw to claim their winnings.
Officials have also confirmed that withholding tax will apply to prize bond winnings. Tax filers will be subject to a 15% withholding tax, while non-filers will be required to pay 30% of their prize money in taxes.
