ISLAMABAD – Central Directorate of National Savings has recently revised profit rates of various products, including the Regular Income Certificates.

With effect from March 19, 2024, the rate of return on these certificates has been increased to 14.76 percent from previous rate of 14.64.

Keeping in view the monthly requirements of the general public, the Regular Income Certificates (RICs) with a maturity period of five years were launched by the government in February 1993.

The certificates are available in the denominations of Rs. 50,000, Rs. 100,000, Rs. 500,000, Rs. 1,000,000, Rs.5,000,000 and Rs.10,000,000.

Profit is paid on monthly basis to the investors starting from the date of issue of certificates.

Latest Profit Rate for Regular Income Certificates

The National Savings has increased profit rate by 12 basis points for the Regular Income Certificates.

As per the revised policy, the profit rate on Regular Income Certificates has been increased to 14.76% per annum.

The Qaumi Bachat Banks will now offer Rs1,230 per month to the investors from March 19, 2024.

Zakat Deduction

The investment made in Regular Income Certificates is exempted from Zakat Deduction.

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