ISLAMABAD – Central Directorate of National Savings revised rates of return on several of National Savings Schemes, with surge touching up to 24 basis points.
The tweaks in rates come after three back-to-back downward revisions in the last couple of months.
The rate of return on Behbood Certificates saw uptick of 24 basis points, and the new rate hovers at 15.60pc. Special Savings Certificates witness a 20 basis point surge, with the interest rate now standing at 15.80pc.
Investors in Special Term Savings Certificates will get a little less benefit with 76 basis point drop, with the interest rate now sitting at 19pc.
National Savings Schemes Rates 2024
| Scheme | Current Rate | Previous Rate | Change (bps) |
|---|---|---|---|
| Special Saving Certificate | 15.80% | 15.60% | +20 |
| Short Term Savings Certificates | 19.00% | 19.76% | -76 |
| Defence Savings Certificate | 14.40% | 14.40% | 0 |
| Regular Income Certificate | 14.76% | 14.64% | +12 |
| Saving Account Rate | 20.50% | 20.50% | 0 |
| Pensioners Benefit Account | 15.60% | 15.36% | +24 |
| Behbood Saving Certificate | 15.60% | 15.36% | +24 |
| Shuhda Family Welfare Account | 15.60% | 15.36% | +24 |
| Sarwa Islamic Term Account | 18.54% | 18.54% | 0 |
| Sarwa Islamic Saving Account | 20.50% | 20.50% | 0 |
For Pensioners, there was 24 basis point increase in the rate of return on Benefits Accounts, now at 15.60pc. Similarly, the rate of profit on Shuhada Family Welfare Account has been aligned with Welfare Certificates at 15.60pc.
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