ISLAMABAD: The 106th draw of the Rs 1,500 national prize bonds is scheduled to take place on Friday, May 15, in Sialkot. The ceremony will commence at 8:45 AM at the State Bank of Pakistan Banking Hall, with a large attendance expected from investors, bondholders, and the general public.

State Bank officials have confirmed that all logistical arrangements are finalised, with rigorous measures in place to ensure a transparent process. This event follows the recently announced draws for the higher-value Rs 25,000 and Rs 40,000 prize bonds.

The prize structure for this draw offers substantial rewards: a single lucky winner will secure the first prize of Rs 3 million, while three second-prize winners will each receive Rs 1 million.

Additionally, the third prize of Rs 18,500 will be distributed among 1,696 individuals. Financial experts note that the National Prize Bond Scheme remains a favoured choice for the public, as it combines the security of a government-backed investment with the potential for life-changing windfalls.

While the winning numbers will be announced during the ceremony traditionally, the State Bank and relevant institutions will release the complete, official results immediately following the event. These draws, held periodically across various cities, continue to attract thousands of participants seeking to benefit from one of Pakistan’s most enduring and popular investment schemes.

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