CDNS increases profit rates on saving schemes

MG News | August 29, 2020 at 12:46 PM GMT+05:00

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August 29, 2020 (MLN): Central Directorate of National Savings (CDNS) has increased the profit rates on selected saving schemes ranging from 5 to 90 basis points.

According to its website, the profit rate on Defense Saving Certificates has increased by 5 bps to 8.49% from 8.44%.

Regular Income certificates will return 8.04% compared to 7.80% while special saving schemes profit rate has been increased from 6.86% to 7.76%

These are effective from August 28, 2020.

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