Qaumi Bachat reduces profit rate on Regular income certificate for July 2025

ISLAMABAD:  Central Directorate of National Savings, popularly referred to as Qaumi Bachat bank, has once again reduced the profit rate on Regular Income Certificates after the federal government approved the budget for the new fiscal year 2025-26.

Regular Income Certificates (RICs) were launched by the federal government with a five-year maturity term in 1993 to meet the monthly needs of the common man.

The certificates are available to buy in the amounts of Rs. 50,000, Rs. 100,000, Rs. 500,000, Rs. 1,000,000, Rs. 5,000,000, and Rs. 10,000,000.

Qaumi Bachat Bank pays profit on the Regular Income Certificates monthly from the issue date of the certificates.

Regular Income Certificates Profit Rate July 2025

The National Savings has reduced the profit rate on Regular Income Certificates to 11.16 percent effective from July 2025, compared to its earlier 11.52 percent.

The investors will get Rs930 every month in the form of profit, compared to earlier Rs960 every month for every Rs100,000 investment.

Tax/Zakat Deduction

The investment in Regular Income Certificates is not subject to Zakat Deduction. The investor, however, will pay tax on profit.

Tax rate shall be 15% of the profit/yield, regardless of the date of investment and the amount/profit for individuals showing up in the Active Tax Payer List. But it will be a 35% withholding tax for non-filers.

National Savings Division revised profit rates on various investment schemes to provide safe and stable returns to the common person, particularly retirees, senior citizens, and low-risk investors.

The highest available rates of 13.20pc are being provided on Pensioners Benefit Account, Behbood Saving Certificate, and Shuhda Family Welfare Account.

These schemes are specifically meant to help pensioners, widows, and families of martyrs. Defence Savings Certificate now provides 11.76%, indicating a downward revision in rates.