The federal government has revised profit rates for National Saving Schemes, affecting returns on several popular investment options. Some schemes have seen cuts, while others offer higher profits.
Defence Savings Certificates (DSC) faced a 23 basis point reduction, bringing the annual profit rate down to 11.08%. Similarly, Behbood Savings Certificates, Pensioners’ Benefit Account, and Shaheed Family Welfare Account were trimmed by 24 basis points, now offering 12.48% per annum.
These cuts may impact millions of investors who rely on National Saving Schemes for stable income. However, Regular Income Certificates (RIC) saw a 36 basis point increase, raising the profit rate to 10.56% per annum.
Special Savings Certificates and Special Savings Accounts also received a boost of 40 basis points, now offering 11% per annum. Minor adjustments were made for Sarwa Islamic Term Accounts and Sarwa Islamic Savings Accounts, with rates ranging from 9.96% to 10.44% depending on the term.
According to National Savings, the revisions were introduced considering the current economic climate and market trends. The goal is to provide balanced and sustainable returns while ensuring schemes remain attractive to investors.
Officials said the new rates reflect efforts to support both small and large investors, including pensioners and families of martyrs, through reliable and secure investment options. The updated National Saving Schemes rates come amid rising inflation and fluctuating financial markets, making these instruments a stable alternative for conservative investors.
The government encourages citizens to review their investments and consider adjusting their portfolios based on the revised profit rates. National Savings officials said these changes aim to maintain long-term sustainability while keeping returns competitive across different schemes.
Investors are advised to check the official National Savings website for the complete list of revised rates and terms. The adjustments provide opportunities for higher returns in selected schemes while managing risks across the board.
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