These changes aim to align national savings returns with country’s economic policies and help manage liquidity in financial sector


Islamabad: The federal government has made changes to profit rates on national savings schemes, increasing returns on some certificates by up to 0.7% while lowering the savings account rate by 1%.
The changes were made following the State Bank of Pakistan's decision to keep the policy rate at 12%.
Officials from the Central Directorate of National Savings (CDNS) confirmed that the Short-Term Savings Certificate (STSC) rate has increased by 0.15%, rising from 10.81% to 10.96%. The Defence Savings Certificate (DSC) now offers 12.15%, an increase of 0.01%. Meanwhile, the Pensioners' Benefit Account, Bahbood Savings Certificate, and Shuhada Family Welfare Account have seen a 0.10% increase, bringing the rate to 13.68%.
For Sarwa Islamic Term Account (SITA) and Sarwa Islamic Savings Account (SISA), the return has risen by 0.7%, from 9.74% to 10.44%. However, the savings account return has been reduced by 1%, dropping from 11.5% to 10.5%.
These changes aim to align national savings returns with the country’s economic policies and help manage liquidity in the financial sector.

3 killed in Sweden shooting at spring festival
- 4 گھنٹے قبل

Adobe and Figma tools are getting ChatGPT’s upgraded image generation model
- ایک گھنٹہ قبل
315 passengers depart for India, 201 Pakistanis cross Wagah Border into Pakistan
- 28 منٹ قبل

Indian Rafale jets patrolling in occupied Kashmir, flee as Pakistani jets arrive
- 3 گھنٹے قبل

Rains expected in different parts of country from today till May 4
- 4 گھنٹے قبل

The Old Guard sequel is coming to Netflix this July
- ایک گھنٹہ قبل

Pak-India tensions: PSX down over 3,000 points
- 2 گھنٹے قبل

Perplexity’s AI voice assistant is now available on iOS
- ایک گھنٹہ قبل

US urge India, Pakistan to not escalate tensions, find solution to problem
- 5 گھنٹے قبل

14 killed in hotel fire in Kolkata
- 3 گھنٹے قبل

Senate passes bill banning biological weapons in Pakistan
- 2 گھنٹے قبل

Football champions hit Instagram also
- 35 منٹ قبل