National Savings raises profit rates across several schemes
Returns on Special Savings Certificates, Regular Income Certificates and Islamic savings products see increases of up to 74 basis points
Pakistan’s National Savings has increased profit rates on several savings schemes, with revised returns rising by between 12 and 74 basis points.
The profit rate on Defence Savings Certificates was raised by 19 basis points to 11.80%.
Returns on Behbood Savings Certificates and Pensioners Benefit Accounts increased by 12 basis points to 12.72%.
The rate for Regular Income Certificates rose by 60 basis points to 11.76%, while Special Savings Certificates saw the largest increase, with the profit rate climbing 74 basis points to 11.82%.
National Savings also revised returns under its Sarwa Islamic Savings Account. The three-year option increased by 41 basis points to 11.57%, while the five-year option rose by 54 basis points to 11.70%.
The revised rates will apply to returns earned by investors in the respective National Savings schemes.
