National Prize Bonds Encashment Deadline Extended

The State Bank of Pakistan (SBP) has notified that it has extended the last date for encashment / replacement / conversion of National Prize Bonds (NPBs) of Rs. 40,000, Rs. 25,000, and Rs. 15,000 denominations.

The encashment deadline for the National Prize Bonds (NPBs) has been extended from the previous date of 30 September 2021 to the new date of 31 December 2021.

State Bank of Pakistan (SBP) has directed all banks to accept the request for encashment, conversion, and redemption of cited denominations of the National Prize Bonds from general public till 30 December 2021.

Furthermore, the banks shall submit branch, region wise consolidated data of cited denomination prize bonds held by them on last date i.e. December 31, 2021 latest by next working day i.e. January 4, 2022, as per the instructions stipulated in aforementioned CMD circular.

Read more: Dollar Rate in Pakistan (Daily Updates).

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