The Government of Pakistan has reduced the profit rates on various national savings schemes and certificates.
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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.
National Savings Rates downward#nationalsaving #Rate pic.twitter.com/rZ9AaNtl2d
— AKD Securities (@akdsecurities) January 26, 2024
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%.