Government reduces profit rates on National Saving Schemes

November 6, 2019 (MLN): The Government of Pakistan has reduced the profit rates on various saving schemes.

According to a directive issued by the Central Directorate of National Savings (CDNS), profit rate on Defense Saving Certificate have been cut by 2.33% to 10.68%, rate on Pension Behbood cut by 2.28% to 12.48%, Rate on Regular certificate cut by 2.04% to 10.92%, rate on Special saving certificate cut by 1.70% to 11% and rate on saving accounts cut by 2.05% to 8.20%.

The revised rates are effective from November 01, 2019.

Posted on: 2019-11-06T01:05:00+05:00