--- title: "SBP launches remittance reward scheme with annual cash prizes" description: "Most outlets reported the launch of the Pasban Remittance Reward Scheme by the State Bank of Pakistan and highlighted the Rs16 billion in annual cash prizes. ARY News (English) provided slightly more detail, mentioning the market-based nature of the scheme, while Minute Mirror focused on the launch and the governor’s involvement." url: https://harzaviya.com/stories/10629-sbp-launches-pasban-remittance-reward-scheme-rollout site: HarZaviya language: en --- # SBP launches remittance reward scheme with annual cash prizes business · updated 26 Sep 2026, 1:10 PM PKT · 25–26 Sep 2026 · 12 articles from 10 outlets over 2 developments ## How it developed Newest development first. Each carries its own coverage and, where we have one, our summary of it. ### 26 Sep 2026 — SBP launches remittance reward scheme with annual cash prizes (2 outlets) > Most outlets reported the launch of the Pasban Remittance Reward Scheme by the State Bank of Pakistan and highlighted the Rs16 billion in annual cash prizes. ARY News (English) provided slightly more detail, mentioning the market-based nature of the scheme, while Minute Mirror focused on the launch and the governor’s involvement. - **Minute Mirror** — [SBP launches Rs16bn remittance reward scheme](https://minutemirror.com.pk/sbp-launches-rs16bn-remittance-reward-scheme-635639/) · 26 Sep 2026, 1:10 PM PKT > State Bank of Pakistan (SBP) Governor Jameel Ahmad has launched the Pasban Remittance Reward Scheme - **ARY News (English)** — [SBP launches Pasban remittance reward scheme with Rs16 billion in annual prizes](https://arynews.tv/sbp-launches-pasban-remittance-reward-scheme-with-rs16-billion-in-annual-prizes) · 26 Sep 2026, 1:02 PM PKT · 91% identical wording to the newest filing > State Bank of Pakistan (SBP) rolled out the market-based Pasban Remittance Reward Scheme, offering Rs16 billion in annual cash prizes... ### 25 Sep 2026 — SBP launches Pasban Remittance Reward Scheme with annual cash prizes (8 outlets) > Most outlets reported the launch of the Pasban Remittance Reward Scheme by the State Bank of Pakistan, highlighting the Rs16 billion in annual cash prizes and the aim to encourage formal remittances from overseas Pakistanis. Some outlets, such as ProPakistani and Profit, specifically emphasized the top prizes, including the Rs100 million and Rs10 lac amounts, while others like The Express Tribune and Business Recorder focused more broadly on the scheme’s market-based nature and implementation. The rollout date and first draw date were mentioned in passing by a few outlets, but not all. - **Pakistan Observer** — [Rs16b cash prizes announced for overseas Pakistanis: Eligibility, first draw date](https://pakobserver.net/rs16b-cash-prizes-announced-for-overseas-pakistanis-eligibility-first-draw-date/) · 26 Sep 2026, 10:04 AM PKT > KARACHI – The State Bank of Pakistan (SBP) has launched a new reward scheme for overseas Pakistanis, offering annual cash… - **Profit** — [SBP launches Pasban remittance scheme with Rs16 billion annual prizes](https://profit.pakistantoday.com.pk/2026/09/26/sbp-launches-pasban-remittance-scheme-with-rs16-billion-annual-prizes) · 26 Sep 2026, 8:26 AM PKT · 69% identical wording to the newest filing > Scheme offers Rs4 billion through 2,521 prizes every quarter, including Rs 100 million top prize; first draw scheduled for January 15, 2027 - **Business Recorder** — [SBP launches remittance reward scheme](https://www.brecorder.com/news/40441315/sbp-launches-remittance-reward-scheme) · 26 Sep 2026, 6:20 AM PKT · 71% identical wording to the newest filing > KARACHI: The banking industry, under the auspices of the Pakistan Banks Association (PBA), has launched the ‘Pasban Remittance Reward Scheme’, a market-based and sustainable initiative offering Rs16 billion in annual cash prizes to incentivise and reward remittance recipients. Governor State Bank of Pakistan Jameel Ahmad, inaugurated the scheme at the head office on Friday. The scheme is funded... - **Associated Press of Pakistan** — [SBP launches Pasban Remittance Reward Scheme with Rs16 billion in annual prizes](https://www.app.com.pk/business/sbp-launches-pasban-remittance-reward-scheme-with-rs16-billion-in-annual-prizes/) · 25 Sep 2026, 11:22 PM PKT · 73% identical wording to the newest filing > State Bank of Pakistan (SBP), Friday, rolled out the market-based Pasban Remittance Reward Scheme, offering Rs16 billion in annual cash prizes to recognize and reward remittance customers using banking channels for home remittances sent to Pakistan. - **The Express Tribune** — [SBP launches remittance reward scheme](https://tribune.com.pk/story/2631466/sbp-launches-remittance-reward-scheme) · 25 Sep 2026, 10:16 PM PKT · 66% identical wording to the newest filing > Market-based drive offers Rs16b annual prizes to remitters - **ProPakistani** — [Win Rs. 100 Million With New SBP Prize Scheme](https://propakistani.pk/2026/09/25/win-rs-100-million-with-new-sbp-prize-scheme/) · 25 Sep 2026, 8:24 PM PKT · 72% identical wording to the newest filing > The State Bank of Pakistan’s (SBP) Pasban Remittance Reward Scheme gives eligible remittance beneficiaries a chance to win cash prizes… Read More - **Hum News English** — [SBP launches Pasban scheme with Rs16bn annual prizes for remittance senders](https://humenglish.com/latest/sbp-launches-pasban-scheme-with-rs16bn-annual-prizes-for-remittance-senders/) · 25 Sep 2026, 7:31 PM PKT · 71% identical wording to the newest filing > ISLAMABAD: State Bank of Pakistan Governor Jameel Ahmad on Friday launched the ‘Pasban Remittance Reward Scheme’, under which more than 10,000 overseas (Pakistani) remittance senders will receive cash prizes worth Rs16 billion every year for sending money through formal banking channels. The market-based scheme has been launched by the Pakistan Banks’ Association (PBA) under the stewardship of ... - **24 News HD** — [SBP launches Pasban Remittance Reward Scheme, rollout from Oct 1](https://www.24newshd.tv/25-Sep-2026/sbp-launches-pasban-remittance-reward-scheme-rollout-oct-1) · 25 Sep 2026, 5:13 PM PKT · 69% identical wording to the newest filing > The State Bank of Pakistan (SBP) on Friday introduced the Pasban Remittance Reward Scheme aimed at encouraging overseas Pakistanis to send more money through formal banking channels, with implementation set to begin from Oct. ## Part of a bigger story Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology). - [Banking Industry, State Bank and Government Deepen Partnership to Boost Formal Remittance Inflows](https://harzaviya.com/stories/11108-banking-industry-state-bank-and-government-deepen) · 28 Sep 2026 · 3 outlets · 81% related - [Senate committee discusses remittance scheme changes and potential fees](https://harzaviya.com/stories/4892-senate-body-informed-banks-may-remit-usd800m-to-money) · 26 Aug 2026 · 2 outlets · 72% related 12 articles from 10 outlets, 25–26 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. --- HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet. 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