ISLAMABAD: The National Savings Bank has revised the interest rate on Behbood Savings Certificates (BSCs) due to falling inflation and economic indicators affecting it from February 1, 2025.
The reduction was due to falling inflation and positive indicators as the State Bank of Pakistan also reduced the policy rate by 100 bps to 12 percent, effective from December 17, 2024.
People can purchase National Savings Behbood Savings Certificates from any nearby branch of National Savings Bank across Pakistan.
Launched in 2003, Behbood Savings Certificates is a financial scheme that caters to the needs of widows, senior citizens and the disabled.
Initially designed for widows and the elderly in 2003, the scheme was extended to the disabled and special minors (through guardians) in 2004.
Offering investment options from Rs. 5,000 to a maximum of Rs. 75 lakh, as they provide a safe and profitable way to save. Investors benefit from monthly profit payments that are deposited directly into their linked savings account.
The denominations of the certificates are Rs. 5,000, Rs. 10,000, Rs. 50,000, Rs. 100,000, Rs. 500,000 and Rs. 1,000,000.
The government has set the profit rate of Behbood Savings Certificate at 13.68% as per the recent adjustment. This means that individuals can earn a profit of Rs. 1,140 per month on an investment of Rs. 100,000.
The maximum investment amount for an individual is Rs. 7.5 million while for joint investors the maximum is Rs. 15 million.
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