ISLAMABAD – The National Savings or Qaumai Bachat Bank introduced Behbood Savings Certificates in 2003 keeping in view the difficulties faced by widows and the elderly as it offers monthly profit at reasonable rate.
The government has reduced the profit rates for the third time in recent months on Behbood Certificates and it currently stands at 15.36% with effect from Feb 21, 2024.
| Effective Period | Monthly Profit on each Rs100,000 | Rate (%) | |
| 21-Feb 2024 | Till Date | Rs1,280 | 15.36% |
In 2004, the scheme was extended to disabled persons and special minors with disability through their guardians.
The Behbood Savings Certificates are available in the denominations of Rs5, 000, Rs10,000, Rs50,000, Rs 100,000, Rs500,000 and Rs1,000,000.
Profit is paid on monthly basis started from the date of purchase of the certificates.
Who Can Purchase Certificates?
BSCs can be purchased by any of the following Citizens of Pakistan, namely:
(a)A senior citizen aged sixty years or above
(b)A single widow as long as she does not re-marry
(c)Two eligible persons as in clause (a) and (b) in their joint names
(d) Disables holding NIC with Disability logo, and special minor through a Guardian.
Investment Limit
The minimum investment limit is Rs5,000 while a single person can make a maximum investment of Rs7.5 million while the limit is Rs15 million for joint investors.
Behbood Savings Certificates Profit Rate Feb 2024
The government has reduced the profit rate on Behbood Savings Certificates to 15.36% or Rs1,280 on each Rs100,000 with effect from February 21, 2024.
Previously, the profit rate was 16.08 percent or Rs1340 per Rs100,000 till Feb 20, 2024.
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