Rs15,000, Rs7,500 prize bond to be discontinued: notification
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A picture of various government issued prize bonds. Photo: File
Notification says government will no longer hold draws for the Rs 7,500 and Rs 15,000 bond.
Notification says Rs15,000 bonds will no longer be cashable after June 30
Notification says Rs7,500 bonds can only be encashed till December 31.
The government on Thursday announced that it will be discontinuing the use of Rs15,000 and Rs7,500 bonds, according to a notification issued by the federal government.
The notification stated that the government will no longer hold draws for the two bonds.
The government said that Rs 15,000 bonds will no longer be cashable after June 30 and the Rs7,500 bonds can only be encashed till December 31.
Govt announces discontinuation of Rs15,000 and Rs7,500 bonds
Business
Thu, Apr 29, 2021
A notification issued by the federal government on Thursday showed that the Rs15,000 and Rs7,500 bonds will be discontinued.
The notification stated that the government will no longer hold draws for the two bonds.
The government said that Rs 15,000 bonds will no longer be cashable after June 30 and the Rs7,500 bonds can only be encashed till December 31.
The notification stated that people who do not wish to cash the bonds can pay an additional amount and convert them into Rs25,000 and Rs40,000 bonds. It also stated that the users can convert those bonds into special savings and defence saving certificates.
Bank robbed in Bara
April 22, 2021
BARA: Four masked men on two motorbikes looted Rs4.8 million from a branch of the Allied Bank Limited (ABL) here on Wednesday, police said.
They said four gunmen forcibly entered the bank at 12.15pm and went straight to the cash counter after overpowering the guards. They asked the cashier to hand over the money to them. One of the robbers stood outside the bank.
Soon after the incident, the police personnel along with District Police Officer (DPO) reached the spot.
The police barricaded all exit points of Bara bazaar and launch a targeted search operation to trace the robbers, but to no avail.
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