How to Identify Genuine Prize Bonds
With prize bonds being a popular savings instrument in Pakistan, counterfeit bonds occasionally appear in the market. Knowing how to identify authentic prize bonds is crucial to protect your investment. This guide explains every security feature you should check before purchasing or accepting a prize bond.
Key Security Features of Prize Bonds
1. Watermark
Every genuine prize bond contains a watermark that is visible when held against light. The watermark shows the State Bank of Pakistan emblem and is embedded in the paper during manufacturing. It cannot be replicated by photocopying or printing.
2. Security Thread
A metallic security thread runs vertically through the bond paper. On genuine bonds, this thread is embedded within the paper and appears as a continuous line when held against light. On counterfeit bonds, the thread may be printed on the surface or appear broken.
3. Rainbow Printing
Authentic prize bonds feature rainbow (multi-colour) printing that transitions smoothly between colours. This gradient effect is extremely difficult to reproduce with standard printing equipment. The colours should blend seamlessly without any visible dots or pixelation.
4. Microprinting
Tiny text known as microprinting is incorporated into the design of genuine prize bonds. This text is too small to read with the naked eye but becomes visible under magnification. Counterfeit bonds often show blurred or missing microprinting.
5. UV Features
Under ultraviolet (UV) light, genuine prize bonds reveal hidden fluorescent patterns and fibres. These UV-reactive elements are invisible under normal light. Banks and National Savings Centres use UV lamps to verify authenticity.
6. Intaglio Printing
The text and certain design elements on genuine bonds are printed using intaglio printing, which creates a raised, textured feel when you run your finger over the surface. This tactile feature is a quick way to distinguish real from fake bonds.
Quick Authentication Checklist
| Feature | Genuine Bond | Counterfeit Bond |
|---|---|---|
| Watermark | Clear, visible against light | Absent or printed |
| Security thread | Embedded, continuous | Surface-printed or broken |
| Rainbow printing | Smooth colour transitions | Visible dots or pixelation |
| Microprinting | Sharp under magnification | Blurred or missing |
| UV features | Fluorescent patterns visible | No UV reaction |
| Paper quality | Crisp, distinctive texture | Thin or flimsy paper |
How to Avoid Counterfeit Bonds
- Always buy from authorized sources — National Savings Centres, SBP offices, or registered banks
- Avoid purchasing bonds from unknown dealers or street vendors
- Verify the bond's serial number through the PrizeBondCheck.com website
- When buying second-hand, insist on verification at a bank branch before payment
What to Do If You Suspect a Fake Bond
If you suspect a prize bond is counterfeit, do not attempt to encash it. Report it to the nearest SBP office or police station. Attempting to claim prizes on fake bonds is a criminal offence under Pakistani law.
Conclusion
Protecting yourself from counterfeit prize bonds is easy when you know what to look for. Always verify security features before purchasing and only buy from authorized dealers. Also learn how to buy prize bonds safely and read about discontinued prize bonds. Check your bonds at PrizeBondCheck.com.
