SBP issues reminder for National Prize Bond encashment

News Image

MG News | December 28, 2024 at 12:36 PM GMT+05:00

0:00

December 28, 2024 (MLN): The State Bank of Pakistan (SBP) has reminded yesterday the public to encash, replace, or convert the National Prize Bonds (NPBs) of Rs40,000, Rs25,000, Rs15,000, and Rs7,500 denominations before the deadline of December 31, 2024.

Earlier, the government had fixed a deadline of June 30, 2024 for encashment / conversion / redemption of captioned denominations of National Prize Bonds (NPBs).

The SBP has issued necessary instructions to commercial banks to accept requests for encashment / conversion / redemption of cited denominations from general public till the extended date.

Additionally, banks are required to submit branch and region wise consolidated data of the specified denomination non-performing banknotes (NPBs) held by them as of the last date, December 31, 2024.

This data must be submitted no later than January 2, 2025.

Moreover, all commercial banks are advised to surrender the cited prize bonds to the respective SBP BSC office no later than January 31, 2025.

All other instructions in this regard shall remain unchanged.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
554.92M
1.14%
1775.65
ALLSHR 96,741.22
1,955.88M
1.16%
1110.83
KSE30 48,198.94
249.67M
1.09%
520.47
KMI30 232,694.17
290.77M
1.31%
3011.94
KMIALLSHR 65,027.13
1,018.93M
1.03%
660.37
BKTi 42,489.56
84.09M
1.35%
566.75
OGTi 31,779.36
15.20M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,580.00 118,295.00
116,115.00
1755.00
1.52%
BRENT CRUDE 67.62 68.16
67.34
-0.33
-0.49%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.50 94.50
94.50
0.95
1.02%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.37 63.91
63.11
-0.33
-0.52%
SUGAR #11 WORLD 16.19 16.27
16.15
-0.08
-0.49%

Chart of the Day


Latest News
September 18, 2025 at 03:19 PM GMT+05:00

Pakistan records $245m Current Account Deficit in August


September 18, 2025 at 03:17 PM GMT+05:00

Pakistan’s mining sector seen as key driver of $8bn


September 18, 2025 at 02:43 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 18, 2025 at 02:26 PM GMT+05:00

Oil prices slip as fed rate cut sparks economic concerns



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg