Pasban Remittance Reward Scheme: How Overseas Pakistanis Can Win Up to Rs100 Million
The Pasban Remittance Reward Scheme has been launched to reward overseas Pakistanis and their families for sending home remittances through formal banking channels. The new initiative offers a total of Rs16 billion in annual cash prizes, giving eligible remittance beneficiaries a chance to win prizes of up to Rs100 million.
The scheme was launched by the State Bank of Pakistan (SBP) on September 25, 2026, under the auspices of the Pakistan Banks Association. It is designed to encourage overseas Pakistanis to use formal channels when sending money to Pakistan.
The announcement has attracted attention among Pakistani communities in the Gulf, United Kingdom, Europe, North America and other regions because the scheme does not require beneficiaries to purchase tickets or pay a registration fee.
What Is the Pasban Remittance Reward Scheme?
The Pasban Remittance Reward Scheme is a banking-industry-funded initiative that provides cash prizes to eligible beneficiaries receiving home remittances.
Instead of offering a traditional savings product or requiring people to buy a prize ticket, the scheme automatically considers qualifying remittance beneficiaries for quarterly draws.
The annual prize pool is Rs16 billion, divided into four quarterly prize pools of Rs4 billion each.
The scheme is intended to promote the use of formal banking channels for overseas remittances while giving qualifying recipients an additional financial incentive.
How Much Can Winners Receive?
The prize structure includes thousands of winners in every quarterly draw.
Each quarterly draw will distribute Rs4 billion among 2,521 winners.
The top prize is:
– 1st prize: Rs100 million
– 20 prizes: Rs25 million each
– 100 prizes: Rs10 million each
– 2,400 prizes: Rs1 million each
This means thousands of eligible beneficiaries can receive cash prizes during each quarterly draw.
Over four quarterly draws, the total annual prize amount reaches Rs16 billion.
Who Can Qualify for the Scheme?
One of the most important points for overseas Pakistanis is the monthly remittance requirement.
A beneficiary can qualify automatically if they receive at least US$100 in eligible remittances in each of three consecutive months during the relevant qualifying period.
This means the recipient does not simply need to receive one large transfer.
The qualifying requirement is based on receiving at least $100 in each of three consecutive months through eligible formal channels.
For many families who regularly receive money from relatives working abroad, this could make the scheme particularly relevant.
When Will the First Draw Take Place?
The first qualifying period runs from October 1 through December 31, 2026.
The first draw is scheduled for January 15, 2027.
Therefore, eligible remittances received during October, November and December can be used to determine eligibility for the first quarterly draw.
Overseas Pakistanis and their families should therefore pay attention to how their remittances are sent and received during this period.
Do You Need to Register?
A major attraction of the Pasban Remittance Reward Scheme is that eligible beneficiaries do not need to purchase a ticket or pay a registration fee.
The scheme is linked to qualifying remittance transactions through formal banking channels.
This means people should be cautious of anyone claiming that they can guarantee a prize or asking for money to register someone for the official scheme.
The official scheme is intended to operate through the banking system.
Which Remittances Are Eligible?
The initiative focuses on remittances sent through formal banking channels.
The purpose is to encourage overseas Pakistanis to send money through regulated and documented channels rather than informal methods.
Using formal channels can also provide recipients with transaction records and a safer way to transfer funds.
The government has encouraged overseas Pakistanis to use formal banking channels so their families can potentially benefit from the scheme. Pakistan’s Consulate General in Dubai also held an awareness session about the initiative on October 2, 2026.
Which Transactions Are Excluded?
Not every type of foreign-money transfer qualifies.
Reports on the scheme state that cash-over-the-counter remittances, Roshan Digital Account inflows and foreign-currency-account remittances are excluded from the prize scheme.
This is an important point for people who are considering participating.
Simply receiving foreign currency in Pakistan does not automatically mean the transaction will qualify.
The remittance needs to meet the scheme’s eligibility conditions and be received through an eligible formal channel.
What Does the Scheme Mean for Overseas Pakistanis?
Millions of Pakistanis live and work outside the country and regularly send money to their families.
These remittances are an important source of foreign exchange for Pakistan and provide financial support to households across the country.
The Pasban Remittance Reward Scheme adds a new incentive for eligible beneficiaries.
Instead of receiving only the transferred amount, qualifying recipients now have a chance to participate in quarterly prize draws.
The initiative therefore combines the country’s remittance needs with a reward mechanism for customers using formal channels.
Gulf Pakistanis Could Have a Major Share
The scheme divides the prize pool according to regions from which remittances are received.
According to information released about the programme, the regional allocation includes:
– GCC countries: 50%
– United Kingdom: 15%
– Europe: 15%
– North America: 10%
– Other countries: 10%
The large allocation for Gulf countries reflects the importance of GCC-based Pakistani workers and their remittances to Pakistan.
This is particularly relevant for Pakistani communities in Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain and Oman.
UAE Pakistanis Receive More Information
Awareness of the scheme has already begun among Pakistani communities overseas.
The Pakistan Consulate General in Dubai hosted an awareness session on October 2, where the National Bank of Pakistan UAE team briefed participants about the Pasban Remittance Reward Scheme.
The session focused on encouraging overseas Pakistanis to use safe and formal banking channels for remittances.
The Dubai event demonstrates that authorities are actively trying to inform overseas communities about the new programme.
Why Formal Remittances Matter
Pakistan has long encouraged overseas workers to send money through official banking and exchange channels.
Formal remittance systems provide greater transparency and allow transactions to be recorded through regulated financial institutions.
The Pasban scheme gives another reason for families to consider formal channels.
For eligible beneficiaries, using an approved channel could mean receiving the normal remittance while also becoming eligible for a quarterly prize draw.
However, participation does not guarantee a prize. Only selected eligible beneficiaries will receive awards.
Is the Rs100 Million Prize Guaranteed?
No.
The Pasban Remittance Reward Scheme gives eligible beneficiaries a chance to win prizes, but meeting the eligibility criteria does not mean a person will automatically receive Rs100 million.
The Rs100 million amount is the top prize in each quarterly draw.
There are also 20 prizes of Rs25 million, 100 prizes of Rs10 million and 2,400 prizes of Rs1 million.
Therefore, thousands of winners can be selected, but most eligible participants will not necessarily win.
What Overseas Pakistanis Should Do
People who regularly send money to Pakistan should first make sure their remittances are being sent through an eligible formal banking channel.
Families receiving the money should also keep their transaction records.
For the first draw, the relevant period is October 1 to December 31, 2026.
A beneficiary needs to meet the monthly qualifying requirement during the relevant three-month period.
People should also avoid unofficial agents or websites claiming to sell Pasban tickets.
Because the scheme is connected to formal banking transactions, official information should be checked through the State Bank of Pakistan or participating financial institutions.
Pasban Scheme Could Boost Banking-Channel Remittances
The launch of the scheme comes as Pakistan continues to focus on increasing remittances through formal channels.
The Pasban Remittance Reward Scheme gives banks a way to reward customers while supporting the broader objective of bringing more remittance flows into the regulated financial system.
The scheme is described as market-based and sustainable, with the prize funding coming from the banking industry rather than requiring a direct government-funded prize pool.
This structure distinguishes it from conventional government cash-assistance programmes.
What Happens After the First Draw?
The first draw is scheduled for January 15, 2027, but the programme is designed to continue through quarterly cycles.
Each quarter will have a separate Rs4 billion prize pool.
That means eligible beneficiaries can potentially be considered in future draws if they continue meeting the scheme’s requirements.
The exact process and official notifications should be followed through SBP and participating banks as the programme develops.
Final Thoughts
The Pasban Remittance Reward Scheme introduces a major new incentive for overseas Pakistanis and their families.
With Rs16 billion in annual prizes, including a Rs100 million top prize in every quarterly draw, the initiative is designed to encourage eligible remittance recipients to use formal banking channels.
The first qualifying period begins on October 1, 2026, and ends on December 31, with the first draw scheduled for January 15, 2027.
For people who regularly receive money from family members abroad, understanding the eligibility rules is important. The key requirement is receiving at least US$100 in eligible remittances in each of three consecutive months.
The scheme does not guarantee a prize, but it provides eligible beneficiaries with an additional opportunity while encouraging safer and more transparent remittance channels.
FAQs
1. What is the Pasban Remittance Reward Scheme?
It is a remittance reward programme offering Rs16 billion in annual cash prizes to eligible beneficiaries receiving home remittances through formal banking channels.
2. What is the biggest Pasban prize?
The top prize in each quarterly draw is Rs100 million.
3. How much remittance is needed to qualify?
Eligible beneficiaries need to receive at least US$100 in each of three consecutive months during the relevant qualifying period.
4. When is the first Pasban draw?
The first draw is scheduled for January 15, 2027, covering eligible remittances received from October 1 to December 31, 2026.
5. Do overseas Pakistanis need to buy a ticket?
No. The scheme is based on qualifying remittance transactions through eligible formal channels.
6. Are all remittances eligible?
No. Certain transactions, including cash-over-the-counter remittances, Roshan Digital Account inflows and foreign-currency-account remittances, are excluded.
7. Is the Pasban scheme available to UAE Pakistanis?
Yes. UAE-based Pakistani communities are included, and Pakistan’s Consulate General in Dubai has already held an awareness session about the scheme.
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