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
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
Good news for Pakistanis, National Savings has been increased the rate of return on national savings schemes. According to the details, the National Savings has increased the rate of return on national savings schemes and increased the rate of return on welfare savings certificates from 9.96 percent to 10.32 percent. [embedpost id=”50366″ slug=”national-savings-increase-rate-of-return-on-schemes”] The sources … Read more
