Bangkok:This New Year, the Government Savings Bank is offering "Gift Lottery Tickets" starting at 100 baht as a unique gifting option for loved ones. These tickets can be a thoughtful present during holidays and special occasions, combining the joy of gifting with the opportunity to save and potentially win prizes.
According to Thai News Agency, Mr. Songpol Cheevapanyaroj, Director of the Government Savings Bank, announced the introduction of the "Special Savings Bond for Special People" during the year-end period. These bonds, designed to resemble greeting cards, provide an innovative choice for gifts on New Year, birthdays, graduations, weddings, and other significant events. They offer both a blessing and a savings opportunity, along with prize-winning potential based on specific bond terms.
The lottery tickets are available in several formats, including 1-year and 2-year tickets starting at 100 baht per unit, and 5-year tickets starting at 500 baht per unit. Sold exclusively in physical format, these tickets ensure that upon maturity, holders receive the principal and interest, with eligibility for prize draws throughout the term. Interest and prize earnings are tax-free for individuals.
Recipients of the lottery tickets must contact the bank to transfer ownership before maturity to fully benefit from the entitlements and prize draws. While early ownership transfer is possible, early withdrawals must adhere to the bank's terms.
Lottery purchases under 1,000 baht incur a 10 baht fee per ticket, whereas purchases of 1,000 baht or more are fee-free. Additional information is available at Government Savings Bank branches, the official website www.gsb.or.th, or the GSB Contact Center at 1115.