Pakistan has revised profit rates for several National Savings schemes, changing returns for investors across different savings products. The new rates cover savings certificates, income accounts and Islamic investment schemes. Withholding tax and Zakat deductions will apply according to the relevant rules.
Under the revised rates, Special Savings Certificates will offer 12% annual profit for the first five profit payments. The sixth payment will carry an annual rate of 12.8%. Meanwhile, Defence Savings Certificates will provide a cumulative return of up to 215% over ten years.
Regular Income Certificates will pay Rs1,010 monthly on an investment of Rs100,000. In comparison, Behbood Savings Certificates will provide Rs1,080 monthly on the same investment. Pensioners Benefit Accounts and Shuhada Family Welfare Accounts will also offer monthly returns of Rs1,080 per Rs100,000 invested.
Short-term Savings Certificates will offer annual profit rates of 11.12% for three months, 11.50% for six months and 11.72% for one year. These rates provide investors with different options based on their preferred investment period. However, investors should review the applicable terms before choosing a scheme.
The annual profit rate for regular National Savings accounts will remain unchanged at 10%. Meanwhile, the Sarwa Islamic Term Account will offer an expected annual return of 11.84% for one year. The three-year option will provide 12.10%, while the five-year option will offer 12.12%.
Read more: Pakistan updates profit rates for National Savings schemes
The revised rates cover both conventional and Islamic savings products. Monthly profit options may appeal to investors seeking regular income, while longer-term certificates offer returns over extended periods. Actual proceeds may differ after applicable deductions, including withholding tax and Zakat.
Investors can compare the revised rates according to their financial needs and investment timelines. The announced figures outline the returns available under each listed scheme. Before investing, customers should confirm the latest terms and eligibility requirements with National Savings.