Qaumi Bachat Bank, also known as the Central Directorate of National Savings. Qaumi Bachat Bank lower profit rates on RICs from October 2024. The profit rate on regular income certificates has been decreased to 12.72 percent. KARACHI: The Central Directorate of National Savings, also known as Qaumi Bachat Bank, has recently lowered the profit rates … Read more
National Savings lowers profit rate for Savings Accounts. New profit rate for Savings Accounts is 19%. Minimum investment for Savings Account is Rs100. The National Savings, also known as Qaumi Bachat Bank, has lowered the profit rate for Savings Accounts, effective August 2024. The Savings Account (SA) is the oldest product offered by National Savings, … 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
Special Savings Certificates offer bi-annual returns. Profit rates are now 15.6% for the first 5 months. Tax deduction is 15% for filers and 30% for non-filers. Special Savings Certificates are among the popular investment products offered by the National Savings or Qaumi Bachat Bank. This scheme was introduced to meet the needs of small and … Read more
In May this year, National Savings, also known as Qaumi Bachat Bank, revised the profit rates for various products, including Regular Income Certificates. On May 14, 2024, the bank set the new profit rate for Regular Income Certificates at 14.64 percent, equating to Rs1,220 per Rs100,000 investment. To meet the monthly financial needs of the … Read more
Special Savings Certificates, offered by National Savings (Qaumi Bachat Bank), are tailored for small to medium-range investors seeking bi-annual returns on their investments. Introduced to meet specific investor needs, this scheme offers a unique opportunity with a three-year tenure. Revised Profit Rates Effective July 2024 In May 2024, the government revised profit rates for various … Read more
Profit rates for certificates remain unchanged in July 2024. Behbood Savings Certificates are offered in Rs5,000 to Rs1,000,000 denominations. The new profit rate is set at 15.36%, or Rs 1,280 per Rs 100,000 investment. ISLAMABAD – The profit rates for various certificates, including Bahbood Savings Certificates, at the National Savings or Qaumai Bachat Bank remain … Read more
Qaumi Bachat Bank introduces revised profit rates for short-term savings certificates. Investors can choose from three-month, six-month, and one-year maturity options. Pakistani nationals and overseas Pakistanis can invest individually or jointly in STSCs. ISLAMABAD: Qaumi Bachat Bank, also known as the National Savings Centre, launched short-term savings certificates (STSCs) in July 2012 to cater to … Read more
The National Savings or Qaumai Bachat Bank decreased profit rate on Behbood Savings Certificates and others in May 2024 amid ease in inflation rate. The Behbood certificates were launched by the government in 2003 keeping in view the difficulties faced by widows and the elderly as it offers monthly profit at reasonable rate. On May … Read more
The National Savings Bank reduced its profit rates for savings schemes. Investors under this scheme receive profit payments every six months. The profit rate for the first five months is 15.7%, and it increases to 16.6% for the sixth month. The National Savings Bank, also known as ‘Qaumi Bachat Bank,’ has announced a reduction in … Read more
National Savings or Qaumi Bachat Bank has just revised down profit rates of several products, including the Regular Income Certificates. The bank lately revised the Regular Income Certificate’s profit rate on May 14, 2024, fixing the new rate at 14.64 percent. Keeping in view the monthly supplies of the general public, the Regular Income Certificates … Read more
The National Savings has reduced the profit rate on Behbood Savings Certificates in May 2024. Behbood Savings Certificates, launched in 2003, provide monthly income to widows and senior citizens. The scheme was expanded in 2004 to include disabled people and special minors. Islamabad – May 2024: The National Savings, also known as Qaumai Bachat Bank, … Read more
Qaumi Bachat Bank increases profit rates for regular income certificates to 14.76% per year. Investors can enjoy a monthly profit of Rs. 1,230 per Rs. 100,000 invested. Investments in regular income certificates are exempt from the Zakat deduction. Qaumi Bachat Bank has recently announced an update regarding the profit rates for its Regular Income Certificates … Read more
Qaumi Bachat Bank in Islamabad updates profit rates, including regular income certificates. On March 19, 2024, the bank adjusts the profit rate for regular income certificates to 14.76 percent. The government introduced Regular Income Certificates (RICs) in February 1993 for monthly public needs. In Islamabad, National Savings, or Qaumi Bachat Bank, has updated profit rates … Read more
Recently, the National Savings, also known as Qaumi Bachat Bank, has made changes to the profit rates for Behbood Savings Certificates. This affects people who depend on this program for financial help. The government has adjusted these rates for the third time in the past few months. The new rate, set at 15.36%, will come … Read more
In Karachi, the Central Directorate of National Savings (CDNS) has revised the rates of return on different schemes provided by National Savings, or Qaumi Bachat Bank. The latest adjustment marks the third decrease in the last two months, with a reduction of up to 72 basis points. The profit rate for Defense Savings Certificates, as … Read more
Qaumi Bachat Bank provides short-term funding for investors. STSCs have maturity periods of three months, six months, and one year. Both Pakistani nationals and overseas Pakistanis can purchase these certificates. In July 2012, Qaumi Bachat Bank, also known as National Savings Centre, launched the Short Term Savings Certificates (STSCs) program to fulfill investors’ short-term funding … Read more
The National Savings, also known as Qaumi Bachat Bank, has adjusted the profit rates for different products to encourage increased investment from both local and overseas Pakistanis. It’s worth noting that the profit rate for the Savings Account has remained the same at 20.50 percent since October 2023. The Savings Account is available for both … Read more
The National Savings Centers, also known as ‘Qaumi Bachtat Bank,’ has lowered the profit rate to 16.08 for the Pensioner Benefit Account (PBA) starting from January 2024. The Pensioner Benefit Account (PBA) scheme was introduced by the federal government in 2003 to help pensioners and provide them with a steady income after retirement. This account … Read more
The National Savings, also known as ‘Qaumi Bachat Bank,’ provides an attractive investment opportunity for the public looking to receive monthly returns on their investments. To cater to the monthly needs of the public, the government introduced Regular Income Certificates (RICs) with a five-year maturity period in February 1993. These certificates are available in denominations … Read more
The National Savings Bank, also known as ‘Qaumi Bachat Bank,’ stands as a prominent financial institution in Pakistan, dedicated to fostering financial inclusion and a savings culture. Offering various products, including Defence Savings Certificates, Special Savings Certificates (SSCs), Behbood Savings Certificates, and Short-Term Savings Certificates, the bank provides an array of investment opportunities with attractive … Read more
Qaumi Bachat Bank, also known as the National Savings Organization, holds the position of Pakistan’s largest financial institution with a portfolio exceeding Rs3.4 trillion. Serving over four million customers across the nation, the bank has been involved in fostering a savings culture and contributing funds for government needs, including budgetary deficits and infrastructure projects. Among … Read more
