The Pakistani government introduced the Defence Savings Certificates (DSCs) scheme more than five decades ago to cater the financial needs of long term category investors and provide them with the opportunity to take maximum profit on their savings.

The National Savings or Qaumi Bachat Bank revised the profit rate of various investment certificates, incuding DSCs.

The profit rate on Defence Savings Certificates has been fixed at 13.57 percent as previously it stood at14.39%.

Both Pakistani nationals and overseas Pakistanis can invest in the Defence Savings Certificates. These certificates have a maturity period of 10 years and come in denominations of Rs.500, Rs.1,000, Rs.5,000, Rs.10,000, Rs.50,000, Rs.100,000, Rs.500,000, and Rs.1,000,000.

Defence Savings Certificates Profit Rate From September 2024

The profit rate for Defence Savings Certificates stands at 13.57% for the month of September.

Defence Savings Certificates Tax/Zakat Deduction

The taxes and Zakat are deducted on the profits in line with the policy of the State Bank of Pakistan.

The withholding tax for filers has been fixed at 15 percent while it is 30 percent for non-fielders.