State Bank of Pakistan SBP Art Competition 2024 Online Registration

On January 30, 2024, the State Bank of Pakistan (SBP) unveiled the SBP Art Competition 2024, inviting local designers, artists, and art students to contribute innovative ideas for the future design of banknotes. This dynamic competition transcends traditional contests, serving as a vibrant platform for the convergence of creativity and thematic depth. Participants are encouraged to explore diverse themes such as identity, culture, demographic diversity, climate change, environmental conservation, natural landscapes, economic development, architecture, heritage, and national symbols. The top three winning designs will receive prestigious prizes, emphasizing the transformative power of art in shaping the narrative of Pakistan’s currency.

State Bank of Pakistan SBP Art Competition 2024

The State Bank of Pakistan (SBP) has announced the commencement of the SBP Art Competition 2024 on January 30, 2024. This inaugural phase invites local artists, designers, and art students to submit innovative and theme-based design ideas for the upcoming banknote series. Submissions are accepted until March 11, 2024, offering a canvas for creative expression. Cash awards await the top three designs in each of the seven denominations, promising an exciting blend of artistic innovation and recognition.

State Bank of Pakistan SBP Art Competition 2024 Online Registration

  • State Bank of Pakistan Initiates New Currency Note Series and Art Competition: The State Bank of Pakistan (SBP) has commenced the issuance of a new currency note series, marking a significant step in enhancing the security of currency notes. This initiative, undertaken every 15 to 20 years, aims to fortify the integrity of the national currency.
  • Art Competition for New Banknote Designs: In a bid to infuse creativity and local talent into the new banknote series, the State Bank of Pakistan has launched an Art Competition open to local artists, designers, and art students. Participants are encouraged to craft designs revolving around various themes such as social and cultural identities, demographic diversity, climate change and environmental protection, economic development, natural landscapes, architectural heritage, and national symbols.
  • Participation and Submission Details: Eligible individuals are invited to submit their designs to the State Bank by the deadline of March 11. Following this, the final designs will undergo submission to the federal government for approval. As part of its timeline, the SBP aims to conclude the entire process within the next two years. This exciting endeavor not only seeks to enhance the security features of currency notes but also provides a platform for local artists to showcase their interpretations of Pakistan’s diverse heritage and identity.

SBP Terms and Conditions for Art Submission

  1. We accept design entries for all seven denominations or fewer (Rs. 10, 20, 50, 100, 500, 1000, and 5000).
  2. Please provide hard copies of your new designs on white paper, accompanied by a concise explanation (up to 100 words) in either English or Urdu.
  3. Each denomination should showcase distinct colors.
  4. The jury will select the top six designs for each denomination, while SBP will have the final say in choosing the top three.
  5. The prizes for the winners are as follows: 1st Place – Rs.1,000,000/-, 2nd Place – Rs.500,000/-, 3rd Place – Rs.300,000/-.
  6. Designs must be original and free from any copyright restrictions.
  7. Individuals who are part of the jury, SBP employees, and their families are ineligible to participate.
  8. By submitting your designs, you agree that they become the property of SBP and may be shared or modified without any additional compensation.

Step-by-Step Guide to Participating in the SBP Art Competition 2024

To participate in the SBP Art Competition 2024, follow these instructions:

Submit your artwork to the following address: Director of the Finance Department, State Bank of Pakistan, I.I. Chundrigar Road, Karachi. Ensure that your submission reaches us no later than the 11th of March 2024.

Online Registration Form

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