Prize Bond Amount of winning Prizes

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    Everyone wants to know about the Prize Bond winning amount before he/she can participate in the prize bond draw. The National Prize Bonds are “bearer” in nature and ownership of these bonds changes with a mere change of hands. Being interest-free, holder of these bonds is eligible for the face value of bonds in addition to prize money (if any) under the rules that are governing. Prize Bonds Rules 1999 and Prize Bond Refund Rules 1963, provided that prize money is claimed within six years from the date of respective draw. The eight denomination National Prize Bonds presently in vogue along with the quantities of prizes thereon are given hereunder:

    Prize Bond Amount of winning Prizes

    Amount 1st Prize Prizes 2nd Prize Prizes 3rd Prize Prizes
    Rs. 100 700,000 1 200,000 3 1000 1199
    Rs. 200 750,000 1 250,000 5 1250 2394
    Rs. 750 15,00,000 1 500,000 3 9300 1696
    Rs. 1500 3,000,000 1 1,000,000 3 18,500 1696
    Rs. 7500 15,000,000 1 5,000,000 3 93,000 1696
    Rs. 15000 30,000,000 1 10,000,000 3 185,000 1696
    Rs. 25,000 50,000,000 1 15,000,000 3 312,000 1696
    Rs. 40,000 75,000,000 1 25,000,000 3 500,000 1696
    40,000 Premium 80,000,000 1 30,000,000 3 500,000 660