Rates of Profit on National Savings Schemes Increased

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The government has increased the profit rates on many national savings certificates and schemes by up to 100 basis points.

Profit rates on Special Savings Certificates (SSC), Savings Accounts (SA), and Short Term Savings Certificates (STSC) have been increased.

Rates of profit on National Savings Schemes have been revised upwards

SSC: 17.40%, +27bps
SA: 19.50%, +100bps
STSC: 20.80%, +98bps

Rates of other schemes remained unchanged@savingsgovpk @StateBank_Pak @FinMinistryPak#Pakistan #Economy #AHL pic.twitter.com/ZYi5Hkh7c1
— Arif Habib Limited (@ArifHabibLtd) May 8, 2023

The rate of return on SSC has risen by 27 basis points to 17.40 percent, the rate of return on SA has risen by 100 basis points to 19.50 percent, and the rate of return on STSC has risen by 98 percent.

The rates of return on Defense Saving Certificates (DSC), Bahbood Savings Certificates (BSC), Regular Income Certificates (RIC), and Pensioner’s Benefit Amount (PBA) have not changed.

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