National Savings Latest Profit Rates Increase August 10, 2022
Pakistan has raised the annual profit rate for
savings accounts from 12.25 percent to 13.50 percent. The Central Directorate
of National Savings (CDNS), which is in charge of overseeing Pakistan's savings
schemes, has announced an increase in the schemes' profit margins.
The profit rate on savings accounts has been
raised by 125 basis points to 13.50% from 12.25%. Similarly, the profit rate
for regular income certificates has been raised by 24 basis points to 12.60%
from 12.36%.
However, profit rates for other schemes have
remained constant. The profit rates for the other schemes are as follows:
Defence Saving Certificate at 12.40%; Behbood Saving Certificate at 14.16%;
Special Saving Certificates at 13%; and Pensioner Benefit Account at 14.16%.
SPECIAL SAVINGS CERTIFICATES (Increased)
06-
Months 6500 per Rs.100,000 (per half
year)
01-Year
6500 per Rs.100,000 (per half
year)
1
1/2 Year 6500 per Rs.100,000 (per
half year)
2
Years 6500 per Rs.100,000 (per
half year)
2
1/2 Years 6500 per Rs.100,000 (per
half year)
03-Years 7300 per Rs.100,000 (per half year)
SPECIAL SAVINGS ACCOUNT (Increased)
06-
Months 6500 per Rs. 100,000 (per half
year)
01-Year
6500 per Rs. 100,000 (per half
year)
1
1/2 Year 6500 per Rs. 100,000 (per
half year)
2
Years 6500 per Rs. 100,000
(per half year)
2
1/2 Years 6500 per Rs. 100,000 (per
half year)
03-Years 7300 per Rs. 100,000 (per half year)
DEFENCE SAVINGS CERTIFICATES (unchanged)
Value
of certificate of Rs 100,000/- after completion of
After
value
Year
1 108,000
Year
2 117,000
Year
3 127,000
Year
4 139,000
Year
5 155,000
Year
6 175,000
Year
7 200,000
Year
8 230,000
Year
9 270,000
Year
10 322,000
Regular income certificates
12.60 per cent
Rs.1,050 per 100,000
Savings Account
13.50 per cent per annum
Pensioner Benefit Account (unchanged)
14.16 per cent. Per annum
Rs1,180 per 100,000
Behbood Saving Certificate (unchanged)
14.16 per cent. Per annum
Rs1,180 per 100,000
SHUHADAS
FAMILY WELFARE ACCOUNT (unchanged)
14.16 per cent. Per annum
Rs. 1,180 per 100,000
SHORT TERM SAVINGS CERTIFICATES (Increased)
3-month 3,690 per 100,000
6-month 7450 per 100,000
