{
  "id": 9788517,
  "title": "Win Rs. 100 Million With New SBP Prize Scheme",
  "url": "https://urgent.news/2026/09/25/win-rs-100-million-with-new-sbp-prize-scheme",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T15:24:37.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/25/win-rs-100-million-with-new-sbp-prize-scheme/"
  },
  "original_language": "en",
  "account": "The State Bank of Pakistan's Pasban Remittance Reward Scheme offers eligible recipients the chance to win prizes up to Rs. 10 crore through overseas remittances. Annually, the scheme distributes a prize pool of Rs. 16 billion, with 2,521 prizes of Rs. 4 billion each awarded quarterly. To qualify, a beneficiary must receive a remittance of at least $100 each month for three consecutive months within the same quarter. These remittances must be deposited into a bank account via formal banking channels. Each monthly qualifying remittance generates entry numbers, with a $100 transfer earning one entry, while larger amounts yield more entries. For instance, receiving $100 in October, $200 in November, and $300 in December would result in six entries. The first quarterly draw is scheduled for January 15, 2027, covering remittances from October 1 to December 31, 2026. The prizes will be divided as follows: 1st prize - 1 winner receives Rs. 10 crore, 2nd prize - 20 winners each receive Rs. 2.5 crore, 3rd prize - 100 winners receive Rs. 1 crore, and 4th prize - 2,400 winners receive Rs. 10 lac. Over 10,000 beneficiaries will receive prizes annually, contributing to the total annual prize pool reaching Rs. 16 billion. Participation in the scheme is free, and there are no fees to enter. The scheme covers major remittance regions, with the first prize open to beneficiaries from all regions.",
  "summary": "The State Bank of Pakistan’s (SBP) Pasban Remittance Reward Scheme gives eligible remittance beneficiaries a chance to win cash prizes … Read More The post Win Rs. 100 Million With New SBP Prize Scheme appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}