ISLAMABAD – Government has released the updated profit rates under theNational Savings Schemes (NSS) on July 2.
The profit rates were revised upwards for eight different schemes under theNSS.The Updated Rates
– The profit rate was increased to 10.20% from 10.08% for Behbood Savings Certificates. – Pensioner Benefit Accounts also witnessed the same increase from 10.08% to 10.20%. – Shuhad Family Welfare Account saw an increase of 0.12% from 10.08% to the updated figure of 10.20%. – Defense Savings Certificates’ profit rate was increased to 8.30% from the previous rate of 8.10%. – The profit rate for Special Savings Certificates/Accounts (Registered) was increased to an average 7.10% from 6.80%. – Regular Income Certificates recorded an increase of 0.408% to stand at 8.04% up from 7.632%. – Savings Account’s profit rate was increased to 5% from the previous value of 4.50%. – The Short-Term Savings Certificates also saw an increase for its 3, 6, and 12-month schemes. – The profit for the 3-month scheme was increased to 6.40% up from 5.92%. – 6-month scheme’s profit saw an increase of 0.42% to stand at 6.04%%. – For the 12-month scheme, the profit rate was updated to 6.56% from 6.25%.
Here is an overview of all the update profit rates and their increasesrespectively.Sr. No. Scheme Previous Rate Updated Rate Increase1 Behbood Savings Certificates 10.08% 10.20% 0.12%2 Pensioner Benefit Accounts 10.08% 10.20 0.12%3 Shuhad Family Welfare Account 10.08% 10.20% 0.12%4 Defense Savings Certificates 8.10% 8.30% 0.20%5 Special Savings Certificates (Registered)/Accounts 6.80% (Average) 7.10%(Average) 0.30%6 Regular Income Certificates 7.632% 08.04% 0.408%7 Savings Account 4.50% 5.00% 0.50%8A Short-Term Savings Certificates 3-Month 5.92% 6.40% 0.48%8B Short-Term Savings Certificates 6-Month 6.04% 6.46% 0.42%8C Short-Term Savings Certificates 1-year 6.25% 6.56% 0.31%