Karachi September 30 2021: Finance Division, Government of Pakistan has extended the last date for encashment / replacement / conversion of Rs. 40,000/-, Rs. 25,000/- and Rs. 15,000/- denomination National Prize Bonds (bearer) up to December 31, 2021, as per circular issued by State Bank of Pakistan.
Accordingly, all banks are advised to accept requests for encashment / conversion / redemption of cited denominations of NPBs from general public till December 31, 2021. Further, the banks shall submit branch / region wise consolidated data of cited denomination prize bonds held by them on last date i.e. December 31, 2021 latest by next working day i.e. January 4, 2022, as per the instructions stipulated in aforementioned CMD Circular.
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Earlier, Government of Pakistan through Currency Management Department has communicated September 30, 2021 as the last date of encashment/conversion/redemption of captioned denominations of National Prize Bonds (NPBs).