National Savings (Qaumi Bachat) issues prize bonds and conducts their draws on 1st and 15th of every month. It offers prize money in millions through its prize bonds. If a date falls on a public holiday, the draw is held very next working day.
The prize bonds are issued against various denominations including Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 7500, Rs. 15000, Rs. 25000 and Rs. 40000. The prize money distributited through National Savings Pakistan amounts to billions.
The prize bond draws are announced though online (National Savings Website) and also through print media advertisements on the next day of the draw.
Pakistanis buy prize bonds to get their money increase many times in a short period of time but it may tale a number of years to get your number in the balloting list.
The draws are usually held in Karachi, Lahore, Multan, Rawalpindi, Faisalabad, Peshawar, Hyderabad, Multan and Quetta so that National Savings covers all the major cities of Pakistan. The draws are made through computer balloting in which no person is involved to ensure transparency.
National Savings Draw Schedule 2015