The State Bank of Pakistan has introduced the Pasban Remittance Reward Scheme, giving eligible remittance beneficiaries a chance to win cash prizes of up to Rs. 10 crore. Beneficiaries qualify simply by receiving overseas remittances through a bank account. The scheme carries a total annual prize pool of Rs. 16 billion, with 2,521 prizes worth Rs. 4 billion distributed every quarter.
How to Qualify
A beneficiary must receive a home remittance of at least $100 every month for three consecutive months within a quarter. Importantly, the remittances must arrive in a bank account through formal banking channels. For example, receiving at least $100 in October, November, and December makes a beneficiary eligible for the quarterly draw covering that period.
How to Earn Entry Numbers
Eligible beneficiaries receive digital, non-transferable entry numbers based on the remittance amount received each month. A $100 remittance earns one entry number, provided the beneficiary meets the three-month consecutive requirement. Higher remittances generate more entries in proportion to the amount received. For instance, $100 in October, $200 in November, and $300 in December would generate six entries in total:
| Month | Remittance | Entry Numbers |
|---|---|---|
| October | $100 | 1 |
| November | $200 | 2 |
| December | $300 | 3 |
| Total | $600 | 6 |
How Much Can You Win?
Each quarterly draw distributes 2,521 cash prizes worth Rs. 4 billion.
| Prize | Number of Winners | Prize Amount |
|---|---|---|
| 1st Prize | 1 | Rs. 10 crore |
| 2nd Prize | 20 | Rs. 2.5 crore each |
| 3rd Prize | 100 | Rs. 1 crore each |
| 4th Prize | 2,400 | Rs. 10 lac each |
The Rs. 10 lac prize alone goes to 2,400 beneficiaries in every quarterly draw. Therefore, over four draws in a year, 9,600 beneficiaries can win Rs. 10 lac each. Overall, more than 10,000 beneficiaries will receive prizes annually under this SBP remittance prize scheme.
When Is the First Draw?
The first draw will take place on January 15, 2027, covering remittances received between October 1 and December 31, 2026. Subsequent draws will follow every quarter through a fully digital and auditable process.
Which Countries Are Covered?
Prizes are distributed according to major remittance regions, as shown below:
| Region | Share of Prizes |
|---|---|
| GCC | 50% |
| UK | 15% |
| Europe | 15% |
| North America | 10% |
| Other Countries | 10% |
Meanwhile, the Rs. 10 crore first prize remains open to beneficiaries from all regions, regardless of this regional split.
Is There Any Fee to Enter?
No. Participation is completely free. Eligible beneficiaries do not have to pay a fee, buy a ticket, maintain a minimum balance, or make any other payment to take part.
When Will Winners Be Announced?
Draw results will appear on the scheme’s dedicated webpage, as well as on the official websites and social media accounts of participating banks and the Pakistan Banks Association. Finally, to maximize eligibility, beneficiaries should ensure qualifying remittances of at least $100 arrive through a bank account in three consecutive months within the relevant quarter.
