What is Prize Bond
What is Prize Bond ?
To increase money saving tendency, The Department of National Savings launched prize bond named “Bangladesh Prize Bond” in 1972. Prize bond is also called Lottery Bond. Any people can buy a Prize Bond lottery Ticket. This Lottery ticket is not that type of lottery, which type of Lottery the ‘Kriya Unnayan Tahabil’ used to sell on market with the title ” jodi laigga jay”!!! One person can easily transfer the prize bond into money anytime, transferring & buying both can be done on all the Bangladesh Bank cash office, commercial bank, and also from the Post Office.
When Prize Bond held?
Bangladesh Bank Prize Bond Draw result held on following dates 31st January, 30th April, 30th July, and 31st October each year. Each series has 1000000 prize bonds and there are about 26 series. If a prize bond number wins, all prize bonds having that number in every series also win.
How to collect the prize money
if you are a Prize bond Lottery draw winner, then you have to inform the bank & than the bank will give you a form. After filling up the form, you will get the prize money within 2 months. besides you have to pay 20% tax on your prize money. Presently, the Govt. of Bangladesh, in order to encourage savings, is offering prize bonds with face value of Tk.100 each. Any Bangladeshi including children can buy any amount of bonds. Only that Prize bond whose date of issuance is at least 60 days prior to the draw date is eligible for draw. You can purchase and sell prize bonds at any branch of any Bank and Post Offices.
- 1st Prize of Prize Bond: BDT. 6 Lac for each series
- 2nd Prize of Prize Bond: BDT. 6 Lac & 25 Thousands for each series
- 3rd Prize of Prize Bond: BDT. 1 Lac for each series
- 4th Prize of Prize Bond: BDT. 50 Thousands for each series
- 5th Prize of Prize Bond: BDT. 10 Thousands for each series