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
The Short-Term Savings Certificates (STSCs) program was introduced by the government in 2012 to meet the short-term funding needs of investors. The program offers maturity periods of 3 months, 6 months, and 1 year. Both Pakistani nationals and Overseas Pakistanis are eligible to invest in STSCs. Investors can start with a minimum deposit of Rs … Read more
The National Savings, also known as Qaumi Bachat Bank, has introduced Special Savings Certificates, offering a unique investment opportunity with bi-annual returns. Aimed at small and medium-range investors, this initiative provides an attractive option for those seeking regular income over a short period. With a tenure of three years, this investment is open to the … Read more
The Pakistani government launched the Defence Savings Certificates (DSCs) scheme over fifty years ago to meet the financial needs of long-term investors and maximize their savings benefits. Recently, the National Savings, or Qaumi Bachat Bank, revised the profit rates for various investment certificates, including DSCs, on May 14, 2024. The profit rate for Defence Savings … 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
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
