The government has extended the deadline to encash Rs7,500, Rs15,000, Rs25,000, and Rs40,000 prize bonds, the State Bank of Pakistan has announced. You can now encash them till March 31, 2022. The procedure for encashment, conversion, and redemption of the prize bonds will remain the same. The bonds can be replaced with savings certificates and premium prize bonds or be encashed at face value. The bonds can be converted to premium prize bonds at 16 field offices of the SBP Banking Services Corporation and branches of six authorized commercial banks i.e National Bank of Pakistan, Habib Bank Limited, United Bank Limited, MCB Bank Limited, Allied Bank Limited, and Bank Alfalah Lim.
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