The National Savings Organization has made revisions to the profit rates on various savings schemes, with some seeing an increase while others have been reduced.
Under the new structure, the annual profit rate on Regular Income Certificates has been increased from 10.68% to 10.92%. Similarly, the profit rate on Special Savings Certificates has been raised from 10.40% to 10.60% annually.
However, profit rates for Bahbood Savings Certificates, Pensioners Benefit Accounts, and Shuhada Family Welfare Accounts have been reduced. These rates, previously at 12.96%, have now been lowered to 12.72% annually.
The profit rate on Defence Savings Certificates has also been further lowered.
Meanwhile, the profit rates on Sarwa Islamic Term Accounts and Sarwa Islamic Savings Accounts have been increased. The revised rates are now 10.30% annually for 3-year tenures and 10.56% for 5-year tenures, compared to the previous rate of 9.94%.
The profit rate on the general Savings Account remains unchanged at 9.50%.
