{"id":86921,"date":"2022-06-27T17:07:47","date_gmt":"2022-06-27T12:07:47","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86921"},"modified":"2022-06-27T17:07:49","modified_gmt":"2022-06-27T12:07:49","slug":"banks-encash-prize-bonds-june-30","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/banks-encash-prize-bonds-june-30.html","title":{"rendered":"Banks to encash prize bonds till June 30"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) has set June 30 as the last date for the conversion and encashment of (unregistered) prize bonds of PKR 40000, 25000, 15000, and 7500, news sources reported. The banks have been asked to exchange bonds until the specified last date.<\/p>\n\n\n\n<p><strong>Read:<\/strong> \u00a0\u00a0\u00a0<a href=\"https:\/\/www.zameen.com\/news\/govt-prize-bonds-encashment-june-2022.html\" data-type=\"post\" data-id=\"85060\" target=\"_blank\" rel=\"noreferrer noopener\">Govt extends prize bonds\u2019 encashment date till June 2022<\/a><\/p>\n\n\n\n<p>Reportedly, the SBP has extended the deadline for exchanging prize bonds to March 30, 2022. To prevent inconvenience, citizens are encouraged to exchange their prize bonds before the deadline. The announcement further said that banks would not accept or encash any prize bonds after the due date. The said bonds may be exchanged at authorised SBP, National Savings Center, and bank branches.\u00a0<\/p>\n\n\n\n<p> <strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/sbp-interest-rate-150-points.html\" data-type=\"post\" data-id=\"86123\" target=\"_blank\" rel=\"noreferrer noopener\">SBP hikes interest rate by 150 points, reaches 13.75%\u00a0<\/a><\/p>\n\n\n\n<p>It is worth noting that the government decided to <a href=\"https:\/\/www.zameen.com\/news\/prize-bonds-enchantment-march-2022.html\" data-type=\"post\" data-id=\"82398\" target=\"_blank\" rel=\"noreferrer noopener\">abolish all prize bonds<\/a> in order to bring undocumented wealth into the tax fold. To replace the old prize bond system, the SBP also issued digital bonds linked to bank accounts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) has set June 30 as the last date for the conversion and encashment of (unregistered) prize bonds of PKR 40000, 25000, 15000, and 7500, news sources reported. The banks have been asked to exchange bonds until the specified last date. Read: \u00a0\u00a0\u00a0Govt extends prize bonds\u2019 encashment date till June 2022 Reportedly, the SBP has extended the deadline for exchanging prize bonds to March 30, 2022. To prevent inconvenience, citizens are encouraged to exchange their prize bonds before the deadline. The announcement further said that banks would not accept or encash any prize bonds after the due date. The said bonds may be exchanged at authorised SBP, National Savings Center, and bank branches.\u00a0 Read: SBP hikes interest rate by 150 points, reaches 13.75%\u00a0 It is worth noting that the government decided to abolish all prize bonds in order to bring undocumented wealth into the tax fold. To replace the old prize bond system, the SBP also issued digital bonds linked to bank accounts.<\/p>\n","protected":false},"author":84,"featured_media":75881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[52883,52884],"persona":[],"class_list":{"0":"post-86921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-banks-to-encash-prize-bonds-till-june-30","9":"tag-prize-bonds-date","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banks to encash prize bonds till June 30 - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) has set June 30 as the last date for the conversion and encashment of (unregistered) prize bonds of PKR 40000,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/banks-encash-prize-bonds-june-30.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks to encash prize bonds till June 30 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) has set June 30 as the last date for the conversion and encashment of (unregistered) prize bonds of PKR 40000,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/banks-encash-prize-bonds-june-30.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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