The National Savings (Qaumi Bachat Bank) has reduced the profit rate on Special Savings Certificates following a drop in the country’s inflation rate. These certificates were introduced by the Pakistani government to provide small and medium investors with a secure investment option that offers bi-annual returns. With a three-year investment tenure, the certificates are available … Read more
Special Savings Certificates offered by National Savings, also known as Qaumi Bachat Bank, provide a reliable investment opportunity tailored for small to medium-range investors. Launched to meet diverse financial needs, these certificates promise bi-annual returns over a three-year tenure. Investors benefit from regular payouts every six months, ensuring a steady income stream. Recently, the government … Read more
The government has recently made adjustments to the profit rates of various national savings certificates and schemes, with alterations ranging up to 24 basis points (bps). Profit rates have been increased for the Special Saving Certificate (SSC), Regular Income Certificate (RIC), Pensioners Benefit Account (PBA), Behbood Saving Certificate (BSC), and Shuhada Family Welfare Account (SFWA). … Read more
The government has put a cut on profit rates for its national savings schemes. After new rates, the profit on savings certificate is down by 50 basis points to 6.50 %. As per details, this year National Savings, the largest investment and financial institution in Pakistan due to ongoing pandemic have slashed profit rates on … Read more
