Today the (SBP) State Bank of Pakistan has newly announced an exciting opportunity for artists, designers, and the students who know about the arts/drawing across Pakistan. They have launched the SBP Online Art Competition 2024 Pakistan. The aim of this offer is to gather new and challenging designs for their upcoming series of banknotes. This competition serves as a platform for local talents to showcase their creativity and contribute to the visual representation of Pakistan’s currency.
The Online Art Competition 2024 Pakistan, initiated on 30-01-2024, invites participants to investigate into various themes that reflect the essence of Pakistan’s identity and aspirations. The SBP highlights on the importance of original and freshness in the designs, encouraging participants to think outside the box and present novel concepts.
Online Art Competition 2024 Pakistan Detail for Cash Prize
Competition Name: SBP Art Competition 2024
Application Deadline: 11 March 2024
Win Prizes Range: From Rs. 300,000/- to Rs. 1,000,000/-
To participate in this important competition, entrants are required to create designs for the seven denominations of Pakistani banknotes: Rs. 10, 20, 50, 100, 500, 1000, and Rs. 5000. Each design should be attended by a brief explanation, written in either English or Urdu and limited to 100 words. Moreover, it is necessary for each denomination to feature distinctive colors, contributing to visual differentiation for Art Competition 2024 Pakistan.
Selection Process for Art Competition 2024 Pakistan Online
The selection process involves a 02 evaluation system. Initially, a panel of judges will shortlist the top six designs for each denomination. Subsequently, the SBP will make the final selection, choosing the three most outstanding designs. The winners will be awarded cash prizes, with the first-place recipient receiving Rs. 1,000,000, the second-place recipient receiving Rs. 500,000, and the third-place recipient receiving Rs. 300,000.
Important points for Art Competition 2024 Pakistan
Originality is top, and designs must not infringe upon existing copyrights.
Individuals should be united with the State Bank of Pakistan, including employees and their family members, are not eligible to participate.
Upon submission, the designs become the property of the SBP, granting them the rights to share or modify the designs without additional compensation to the creators.
To apply for the SBP Art Competition 2024, interested individuals should send their designs, along with the required explanation, to the following address:
Director Finance Department,
State Bank of Pakistan,
I.I. Chundrigar Road,
All Art Competition 2024 Pakistan application form must be received by 11 March 2024, to be considered for evaluation. For more detail read the below advertisement. You may also check the other scheme and offers you can win the prizes from NEECHA Prize Distribution.