Govt decreases profit rates on National Savings schemes

ISLAMABAD: The Central Directorate of National Savings has officially reduced the interest rates on various national savings schemes.

A notification issued by the Finance Ministry said that the revised rates affect several savings instruments including Special Savings Certificates, Savings Accounts and Defence Savings Certificates.

The interest rates on Regular Income Certificates, Bahbood Savings Certificates, Pensioners Benefit Accounts and Shuhada Family Welfare Accounts have also been reduced.

The notification confirms that the rates on Short Term Savings Certificates have seen a reduction, while the savings account rate remains at 9.50% per annum.

The annual interest rate on Special Savings Certificates has been reduced from 10.6% to 10.4%**.

The rate of return on Bahbood, Pensioners Benefit and Shuhada Family Welfare Accounts has been reduced from 13.20% to 12.96%.

The 9-year return on Defence Savings Certificate has been adjusted from 162% to 161%, while the 10-year rate is now 200% instead of 204%.

Contrary to the reduction in conventional schemes, the rate of return on Serve Islamic Term Account and Serve Islamic Savings Account has increased.

These new rates will be effective from July 28, 2025 and will be applicable to all new investments made on or after that date.

Following are the complete profit rates: