Govt Reduces National Savings Profit Rates

The Government of Pakistan has reduced the profit rates on various national savings schemes and certificates.

According to the details, the profit rates on Regular Income Certificates and National Saving Certificates have been lowered to 15% (from 15.12%) and 16% (from 16.40%), respectively.

Short-term certificates now offer a reduced rate of 20.34% (down from 20.80%). Defense Saving Certificates yield a new rate of 14.22% (previously 14.41%).

Meanwhile, the returns on Behbood Savings, Pension Benefit Account, and Shuhada Family Welfare Account remain steady at 16.08%.