The State Bank of Pakistan (SBP) has announced the Pasban Remittance Scheme 2026 Online Apply, offering Rs16 billion in annual cash prizes to customers who receive home remittances through formal banking channels.
Governor SBP Jameel Ahmad inaugurated the new market-based and sustainable reward initiative on September 26, 2026. The scheme has been launched under the auspices of the Pakistan Banks Association (PBA) and is funded entirely by the banking industry, with no burden on the national exchequer.
The initiative aims to encourage overseas Pakistanis to continue sending remittances to their families in Pakistan through formal banking channels.
Pasban Remittance Scheme 2026 Online Apply For Rs16 Billion Prize Pool
The Pasban Remittance Rewards Scheme (PRRS) is an industry-wide initiative by the Pakistan Banks Association (PBA), in collaboration with participating banks and under the patronage of the State Bank of Pakistan (SBP).
If you receive home remittances through a participating bank, you could get a chance to win exciting prizes through quarterly draws.
Pasban Remittance Scheme 2026 Online Apply
| Feature | Details |
|---|---|
| Scheme Name | Pasban Remittance Reward Scheme |
| Launched By | State Bank of Pakistan & Pakistan Banks Association |
| Annual Prize Pool | Rs16 Billion |
| Quarterly Prize Pool | Rs4 Billion |
| Total Quarterly Prizes | 2,521 |
| Participation Fee | Free |
| First Draw Date | January 15, 2027 |
| First Draw Period | October 1 to December 31, 2026 |
| Minimum Monthly Remittance | USD 100 equivalent |
| Required Duration | Three consecutive months |
| Draw Frequency | Quarterly |
| Official Scheme Page | 1link.net.pk/pasbanreward |
Who Can Participate in the Pasban Scheme 2026?
A remittance beneficiary can become eligible for the scheme by receiving home remittances equivalent to at least USD 100 per month for three consecutive months within a quarter into a bank account.
SBP Pasban Remittance Scheme 2026 Online Registration
Participation is automatic for eligible beneficiaries and does not require the purchase of a ticket or payment of any fee.
For example, a beneficiary receiving USD 100 in each of three consecutive months will receive three digital entry numbers for that quarter.
Click Here For Online Apply
How Pasban Digital Entries Are Calculated
The number of entries increases according to the amount of eligible remittances received.
For example:
| Month | Remittance | Entry Numbers |
|---|---|---|
| October | USD 100 | 1 |
| November | USD 200 | 2 |
| December | USD 300 | 3 |
| Total | USD 600 | 6 Entries |
The entry numbers are digital and non-transferable and are issued subject to fulfilling the consecutive-month eligibility requirement.
Rs4 Billion Cash Prizes Every Quarter
Under the Pasban Remittance Reward Scheme, Rs4 billion will be distributed every quarter through 2,521 cash prizes.
| Prize Category | Number of Winners | Prize Per Winner |
|---|---|---|
| First Prize | 1 | Rs100 Million |
| Second Prize | 20 | Rs25 Million |
| Third Prize | 100 | Rs10 Million |
| Fourth Prize | 2,400 | Rs1 Million |
| Total | 2,521 | Rs4 Billion |
With four quarterly draws each year, the total annual prize pool will reach Rs16 billion, benefiting more than 10,000 lucky winners annually.
Regional Distribution of Pasban Prizes
To ensure wider distribution of prizes, the scheme will allocate prizes according to major remittance regions.
The distribution is as follows:
- GCC countries: 50%
- United Kingdom: 15%
- Europe: 15%
- North America: 10%
- Other countries: 10%
The Rs100 million first prize will be open to eligible beneficiaries receiving remittances from all regions.
First Pasban Draw Date 2027
The first draw under the Pasban Remittance Reward Scheme is scheduled for January 15, 2027.
It will cover eligible home remittances received between:
October 1, 2026 and December 31, 2026.
The draw will be conducted through a secure, fully digital and auditable process.
Is There Any Fee For Pasban Scheme Participation?
No. Participation in the Pasban scheme is completely free.
Eligible beneficiaries will not be required to pay:
- Any registration fee
- Ticket purchase charges
- Minimum balance
- Participation fee
- Any other payment or consideration
Banks will not charge eligible remittance beneficiaries for participating in the reward scheme.
Why SBP Launched the Pasban Scheme
According to SBP, the scheme is designed to further encourage overseas Pakistanis to use formal banking channels for sending money to Pakistan.
Governor Jameel Ahmad highlighted the important role of workers’ remittances in supporting Pakistani households, including expenditure on education, healthcare, investment and other economic opportunities.
Pakistan Pasban Remittance Rewards 2026 Online Apply
SBP also highlighted the growth in Pakistan’s foreign exchange reserves and workers’ remittances. Workers’ remittances reached a record US$41.6 billion in FY26, compared with US$21.7 billion in FY19.
The central bank said the new initiative represents a transition toward a more sustainable and market-oriented remittance incentive model funded by the banking industry.
Pasban Remittance Reward Scheme Official Website
The draw results will be announced publicly through the dedicated Pasban scheme webpage, as well as through the official websites and social media channels of participating banks and the Pakistan Banks Association.
Eligible remittance beneficiaries should rely on official banking channels and the dedicated scheme webpage for draw results and further updates.
Official Pasban Scheme Page:
1LINK Pasban Remittance Reward Scheme
Participating Banks in Pasban Remittance Reward Scheme
A total of 26 banks are participating in the Pasban Remittance Reward Scheme 2026:
| No. | Participating Bank |
|---|---|
| 01 | Allied Bank |
| 02 | Al Baraka Bank |
| 03 | Askari Commercial Bank |
| 04 | Bank Alfalah |
| 05 | Bank AL-Habib |
| 06 | Bank Makramah |
| 07 | Bank of Punjab |
| 08 | BankIslami Pakistan |
| 09 | Citibank N.A. |
| 10 | Dubai Islamic Bank Pakistan |
| 11 | Easypaisa Digital Bank |
| 12 | Faysal Bank |
| 13 | HBL |
| 14 | Habib Metropolitan Bank |
| 15 | JS Bank |
| 16 | Mashreq Bank |
| 17 | MCB Bank |
| 18 | MCB Islamic |
| 19 | Meezan Bank |
| 20 | National Bank of Pakistan (NBP) |
| 21 | Samba Bank |
| 22 | Sindh Bank |
| 23 | Soneri Bank |
| 24 | Standard Chartered Bank |
| 25 | The Bank of Khyber |
| 26 | UBL |
Pasban Remittance Reward Scheme 2026 Registration Last Date
The Pasban Remittance Reward Scheme 2026 introduces a Rs16 billion annual cash prize pool for eligible remittance beneficiaries. Customers receiving at least USD 100 equivalent per month for three consecutive months can qualify for digital entries, with quarterly draws offering prizes ranging from Rs1 million to Rs100 million.
The first draw will take place on January 15, 2027, covering eligible remittances received from October 1 to December 31, 2026.