Government to Launch Digital Prize Bonds

The federal government has decided to introduce digital prize bonds, which will be managed through a mobile application for secure transactions. The students can get latest updates of Government to Launch Digital Prize Bonds.

Secure and Convenient Digital Bonds

Unlike traditional paper bonds, digital prize bonds will be protected from theft and physical damage. Upon winning, the prize money will be subject to income tax but will be exempt from zakat.

Available Denominations and Purchase Options

The government plans to issue digital prize bonds in denominations of Rs. 500, Rs. 1,000, Rs. 5,000, and Rs. 10,000. These bonds can be purchased via the National Savings mobile app or other authorized platforms. Draws will be conducted every three months, and winnings will be directly deposited into the holder’s linked bank account.

Contribution to Economic Documentation

The introduction of digital prize bonds will help formalize the economy. Additionally, buyers will have the option to nominate beneficiaries at the time of purchase.

Efficient Processing and Reduced Costs

In case of the bondholder’s demise, the prize money will be distributed to legal heirs based on a succession certificate. The transition to digital bonds will also reduce printing and logistical expenses.

Click here to check the latest prize bond draw results 2025

latest prize bond draw results 2025