National savings increase profit rates on most of their schemes

National savings increase profit rates on most of their schemes National savings increase profit rates on most of their schemes

Karachi: The government on Wednesday has issued revised profit rates for National Saving Schemes certificates according to which profit rates on various saving schemes have been increased.

According to an official notification, the profit rate on Special Savings Certificate has increased from 7.79% to 8.40%, while the Behbood Savings Certificates profit rate has increased to 11.28% from 10.32%.

The profit rate has also been increased on Pensioners Benefit Accounts to 11.28% from 10.32%.

Moreover, the return rate on regular income certificate maintained at 9%.

With more than seven million investors, National Savings is the most active financial institution in Pakistan with over Rs3.4 trillion deposits.

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