KARACHI – Central Directorate of National Savings (CDNS) dropped bombshell as profit rates on famous savings schemes took a sharp dive. From Defence Savings Certificates to Special Savings and Islamic accounts, returns that many had relied on for steady income suddenly looked a lot smaller.
National Savings announced major shake-up in profit rates for its savings products, effective January 23, 2026. Savers are seeing significant changes across the board. Defence Savings Certificates (DSC) have been reduced by 64 basis points, now offering 10.44% per annum.
Savings Certificates Rates
| Certificates | Change (bps) | New Rate (%) |
| Behbood Savings Certificates (BSC) | -48 | 12.00 |
| Pensioners Benefit Accounts (PBA) | -48 | 12.00 |
| Shuhada Family Welfare Accounts (SFWA) | -48 | 12.00 |
| Regular Income Certificates (RIC) | -60 | 9.96 |
| Special Savings Certificates (SSC) | -80 | 9.40 |
| Special Savings Accounts (SSA) | — | 10.20 |
| Sarwa Islamic Term Account (SITA) | — | 9.96 |
| Sarwa Islamic Savings Account (SISA) | — | 9.92 |
Behbood Savings Certificates (BSC), Pensioners Benefit Accounts (PBA), and Shuhada Family Welfare Accounts (SFWA) have all been cut by 48 basis points, with returns now at 12% annually.
Regular Income Certificates (RIC) will yield 9.96% per year, a decrease of 60 basis points. Special Savings Certificates (SSC) have seen the steepest drop of 80 basis points, now paying 9.4% per annum. Special Savings Accounts (SSA) remain unchanged at 10.2%, providing some stability for depositors.
Islamic savings products are also affected, Sarwa Islamic Term Account (SITA) now offers 9.96% per annum, while Sarwa Islamic Savings Account (SISA) provides 9.92% per year.
This update marks a significant shift in Pakistan’s national savings landscape, affecting millions of investors and pensioners relying on these schemes for steady returns.
Defence Savings Certificates new profit rate from January 2026 unveiled
