According to Express News, the government had extended the date to 30 June 2023, giving the public another opportunity to transfer or redeem the Rs 7500, Rs 15,000, Rs 25,000 and Rs 40,000 prize bonds.
Previously, the government had set June 30, 2022 for redemption of these Prize Bonds, but the date has been pushed back to June 30, 2023 to give one last chance to those who have not redeemed these Prize Bonds within the set time. LOW
Certain conditions have been established for those who collect or transfer the premium bond, the first of which is the redemption of the bond with a face value at the registration of premium bonds of twenty-five or forty thousand and their transfer to the account and special savings certificates. or defenses. Convert to a savings bond.
These prize coupons can be redeemed at State Bank of Pakistan Banking Services Corporation offices and commercial banks nationwide until June 30, 2023. Cash in or exchange profit bonds until the extended date.
Noteholders of the above denominations are encouraged to take this final opportunity and convert their holdings before June 30, 2023, the statement said.
Upon the expiration of such extended period, the Profit Bonds are non-redeemable or exchangeable and non-redeemable.
0 Comments