National savings profit rates reduced: Details about defence certificates, others inside

ISLAMABAD – National Savings Pakistan has slashed profit rates on various schemes with effect from January 26, 2024.

The profit rate for Defense Saving Certificates has been cut by 0.19 percentage points, decrease new rate to 14.2%.

Similarly, the profit rate for Special Saving Certificates was reduced by 0.40 percentage points to 16.0%.

Regular Income Certificates and Behbood Savings Certificates saw a big reduction as their profit rates were decreased by 0.12 and 0.08 percentage points, respectively.

The revised rates for Regular Income Certificates and Behbood Savings Certificates stand at 15.0% and 16.08%.

However, the profit rates for Pensioners Benefit Accounts and Shuhadas Welfare Account were kept unchanged in the latest revision.

The Short-Term Saving Certificates registered a reduction of 0.46 percentage points, dropping to 20.34%.