KARACHI: October 8 2024, The 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) up to December 31, 2024.
Accordingly, SBP has advised all branches to accept requests for encashment/conversion/redemption of cited denominations from the general public till December 31, 2024. Further, the banks shall submit branch / region-wise consolidated data of cited denomination NPBs held by them on the last date i.e. December 31, 2024, latest by January 02, 2025.
Moreover, it is advised that all commercial banks shall surrender the cited prize bonds to the respective SBP BSC Office by January 31, 2025.
