ISLAMABAD: The Defence Savings Certificates (DSCs) scheme was introduced by the federal government to support long-term investors in achieving their financial goals.
This initiative offered through Qaumi Bachat Bank or National Savings, provides a 10-year maturity plan, enabling investors to maximize their profits. As of January 2025, National Savings has announced profit rates for DSCs.
Both Pakistani nationals and overseas Pakistanis are eligible to invest in DSCs, which come in various denominations: Rs.500, Rs.1,000, Rs.5,000, Rs.10,000, Rs.50,000, Rs.100,000, Rs.500,000, and Rs.1,000,000.
The certificates offer a secure and attractive investment opportunity for individuals seeking to grow their savings over time.
Effective January 2025, the profit rate for Defence Savings Certificates (DSCs) in Pakistan has remained un-changed to 12.51 percent, a decrease from the previous rate of 13.57 percent. This adjustment impacts the returns on investment for DSC holders.
Despite the revision, DSCs remain an attractive savings option, offering substantial profits over the 10-year maturity period. For instance, an investment of Rs100,000 yields significant returns:
Starting with the first year, investors can expect a profit of Rs8,000, bringing the total to Rs108,000. By the second year, the profit grows to Rs17,000, totaling Rs117,000. As the investment matures, profits continue to accrue: Rs127,000 in the third year, Rs140,000 in the fourth, Rs156,000 in the fifth, Rs177,000 in the sixth, Rs203,000 in the seventh, Rs235,000 in the eighth, Rs275,000 in the ninth, and a substantial Rs325,000 by the tenth and final year.
The taxes and Zakat are deducted from the profits in line with the policy of the State Bank of Pakistan. The withholding tax for filers has been fixed at 15 percent while it is 30 percent for non-fielders
For more information on the revised profit rates and investment details, you can visit the National Savings or Qaumi Bachat Bank website.
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