Prize Bonds’ Encashment/Conversion last date extended again and redemption of prize bonds has been revised to 30 September 2021, according to a notification issued by the Ministry of Finance.
The new deadline is applicable on prize bonds of Rs. 40,000, Rs. 25,000, and Rs. 15,000. The previous deadlines for these prize bonds were 31 December, 31 May, and 30 June of the current year, respectively.
The deadline for the Rs. 40,000 denomination bonds have been contracted but have been extended for the other two. Meanwhile, the procedures for the encashment, conversion, and redemption of the prize bonds will remain the same.