December 15, 2022 (MLN): National Savings has increased the cash withdrawal limit per day for National savings ATM card holders from Rs25,000/- to Rs50,000/-.
National Savings stands today as one of the primeval institutions in the country with a legacy of more than 140 years that came into existence with the promulgation of the Government Savings Bank Act in 1873.
The bureau was renamed as Central Directorate of National Savings (CDNS) in 1953 with its functions and responsibilities in line with the National Savings Bureau (NSB).
So far, CDNS has not only remained successful in promoting financial savings in the economy but has also generated requisite funds for the government to finance the budgetary deficit and infrastructure projects.
As a custodian of the nation’s savings, today the National Savings is the largest investment and financial institution in Pakistan with a portfolio of over Rs3.4 trillion and more than 04 million valued investors are being served through a large network of 376 branches nationwide controlled by 12 Regional Directorates of National Savings (RDNS).
