To claim prize money and obtain it, a series of steps should be followed.
- The first step is to submit the claim form at SBP BSC office.
- If the bond is cleared, prize money up to 18,500 will be paid the same day.
- A tax of 10% will be deducted on the total amount.
- Any amount over 18,500 will be given on payment date specified to the claimant.
- If the prize amount is below or equal to 1250, it can be claimed at bank or National Savings Centers.