Business

State Bank of Pakistan Declares December 31, 2024, Prize Bond Redemption Deadline

KARACHI – The State Bank of Pakistan (SBP) has stated that the redemption deadline for prize bonds of the following denominations is December 31, 2024: Rs. 40,000, Rs. 25,000, Rs. 15,000, and Rs. 7,500. The central bank’s statement states that these bonds can be returned or exchanged at SBP offices, branches of the Banking Services Corporation, or commercial banks nationwide. The SBP has made it clear that no requests for redemption or exchange will be accepted after the deadline and that bondholders should take prompt action to prevent forfeiture.

Related posts
BusinessFuel Prices

Petrol Gets Relief but Diesel Stays High in Latest Price Review

The Pakistani government has announced the prices of petroleum products for the next week, reducing…
Read more
BusinessPakistan Stock Exchange

KSE-100 Drops 0.41 Percent Today

The 696.57-point decline witnessed on the Pakistan Stock Exchange on Friday has once again forced…
Read more
BusinessPakistan Stock Exchange

KMI-30 Drops 0.62 Percent as Investors Turn Cautious

Pakistan Stock Exchange’s Islamic Index KMI-30 witnessed a significant decline on Friday, with the…
Read more