ISLAMABAD: National Savings has maintained the profit rate on Bahbood Savings Certificates at 12 percent, providing continued relief to widows, senior citizens, and other eligible investors under the welfare-oriented scheme.
According to the revised rates announced for various national savings schemes, investors in Bahbood Savings Certificates will continue to receive a monthly return of Rs1,000 on an investment of Rs100,000.
The federal government originally introduced the scheme in 2003 to support widows and elderly citizens facing financial hardship. The scope of the program was later expanded to include differently-abled individuals and special children through their legal guardians.
Bahbood Savings Certificates are available in denominations ranging from Rs5,000 to Rs1 million, while the minimum investment limit has been set at Rs5,000.
Under the scheme, an individual investor can invest up to Rs7.5 million.
Officials said profit payments are made on a monthly basis from the date of purchase, making the scheme particularly attractive for individuals seeking regular income.
Authorities also highlighted that profits earned through Bahbood Savings Certificates are exempt from withholding tax, while investments made under the scheme are also not subject to Zakat deduction.
The decision to maintain the existing profit rate comes amid growing public interest in government-backed savings instruments as investors seek stable returns during uncertain economic conditions.
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