Qaumi Bachat Bank ‘Behbood Savings Certificates’ latest profit rate — January 2025

ISLAMABAD: The National Savings, referred to as Qaumi Bachat in local lingo, changed the forecasted profit rate of Behbood Saving Certificates (BSCs) downward with effect of November 4, 2024.

Such action was taken in regard to the shrinking inflation and the positive prevailing economic variables. Therefore, the returns for investors will lower as there will be a drop in the profit rate by 0.24 percent.

Behbood saving certificates are flexible and inclusive financial products targeting: women, the elderly, and people with disabilities. The product was introduced in the year 2003 for widows and elderly people only then later in 2004 disabled people and specially abled children were included in the scheme.

The certificates are issued at very affordable terms with individuals requiring a minimum saving of Rs. 5000 up to a maximum saving of Rs. 7.5 million for individual savings and Rs. 15 million for joint savings.

The certificates serve as an investment option that offers a regular stream of income to the investor because every month, the profit earned on such investment is automatically deposited into the savings account linked to the investor.

Behbood Savings Certificates Profit

As of January 2025, the profit rate prescribed by the government for Behbood saving certificates is set at 13.92 percent per annum. This brings the monthly profit of Rs. 1,160 on every Rs. 100,000 (1 lakh) of investment with this option making it useful for the investors who qualify for such investment.

There are financial advantages to maintaining Behbood Savings Certificates as well as other money-saving devices Bank branches, ATM cards, and checkbooks are issued to the clients.

This is in addition to exempting such deposits from Zakat which is an advantage for the relevant people availing such facilities. These certificates are available for purchase from every nearest branch of Qaumi Bachat Bank all over Pakistan.