National Prize Bonds Security Features
Security Features of National Prize Bonds Denominations are RS 200, 750, 1500, 7500, 15000, 25000, and 40000. Pakistan Security Printing Corporation (PSPC) is a government organization that prints currency notes/prize bonds and other government securities. Prize bonds sent to PSPC for Chemically and by some sophisticated means as the tempering in bonds has become more scientific, therefore, Prize bonds are sent to PSPC for verification. If they are declared forfeited then the action is taken against the claimant as per Bank’s rules.
Prize bonds are printed in the offset process on SPL made paper & would carry the following safety features:
- Enlarge watermark,
- Micro-printed security thread
- Invisible colored fiber.
- Micro-printed tint in rainbow color
- Guilloche pattern
- Visible fluorescent rosette
- Invisible denomination print
- Numbering in red fluorescent ink.
Security Features of National Prize Bonds RS: 200
Security Features of National Prize Bonds RS: 750
Security Features of National Prize Bonds RS: 1500
Security Features of National Prize Bonds RS: 7500
Security Features of National Prize Bonds RS: 25000
Central Directorate of National Savings, Ministry of Finance, and Government of Pakistan is controlling/managing all government savings for the benefit of General Public. Pakistan Security Printing Corporation (PSPC), Karachi, prints Prize bonds of all denominations with the approval of Govt. of Pakistan.
Prize bonds can be purchased and encashed in any quantity at all field offices of State Bank of Pakistan Banking Services Corporation (BSC) (Bank), the office of National Saving Centers, and designated branches of commercial banks. Prize bonds are not eligible for payment if the same is less than half, forged or deliberately cut, mutilated or tampered. procedure For Claiming winning amount of Prize Bond is to present original prize bond at the counters of State bank of Pakistan Offices or Commercial Banks and National Savings Centers and get winning money of your prize bond they only cut 10% (WHT) from winning Prize money.