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National Savings Schemes rates revised downward

ISLAMABAD : May 27, 2024: The National Savings Schemes profit rates have been revised downward again. The latest profit rates w.e.f 14-May-2024 for Bahbood Savings Certificates are 15.36%, Defence Savings Certificates 14.39%, Special Savings Certificates: First 5 profits =15.7%, 6th Profit = 16.6%, Regular Income Certificates 14.64%, Short Term Savings Certificates 3M=20.20%,6M=19.38% & 1Year=19.24%, Savings Account 20.50%, Special Savings Account: First 5 profits 15.7%, 6th Profit= 16.6%, Pensioner Benefit Account 15.36% & Shuhada Family Welfare Account 15.36%, Sarwa Islamic Savings Account (SISA) 20.5% and Sarwa Islamic Term Account (SITA) 1Year=19.10%, 3Year=15.25% & 5 year=14.76%.
Its second downward revision in the rates of the National Saving Schemes . The downward revision in the rates of National Saving Schemes is indicative of cut in policy rates in the near future.

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