Revised Profit Rates National Savings Schemes 26th Jan 2024

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By Fayyaz Sidhu


National Savings Schemes Revised Rates in Pakistan


National Savings schemes in Pakistan have recently updated their revised profit rates as of January 26th, 2024. While this might be seen as a bit of a setback by some investors, let’s take a closer look at the changes and what they could mean.

Revised Profit Rates National Savings Schemes 26th January 2024

The Defense Saving Certificates, known for their security and competitive returns, have seen a small decrease of 0.19 percentage points, bringing the new profit rate to 14.2%. Similarly, the profit rate for Special Saving Certificates, another popular option, has dropped by 0.40 percentage points to 16.0%.

For those who rely on a steady income, Regular Income Certificates and Behbood Savings Certificates are facing a slightly larger reduction of 0.12 and 0.08 percentage points, respectively. Their updated rates now stand at 15.0% and 16.08%.

However, not all schemes are following this downward trend. National Savings schemes, a common choice for regular deposits, have seen a slight increase of 0.50 percentage points, reaching 20.50%. This could be good news for individuals looking for easily accessible returns.

On the other hand, Pensioners’ Benefit Accounts are following the general trend with a decrease of 0.08 percentage points, now at 16.08%. Retirees relying on this income stream may want to pay closer attention to these changes.

Lastly, Short-Term Saving Certificates, known for their flexibility, have experienced a reduction of 0.46 percentage points, settling at 20.34%. Investors seeking short-term gains might need to reconsider their options compared to other schemes.

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