ISLAMABAD: The government has increased profit rates on various national savings instruments, offering higher returns to investors under revised financial adjustments effective from May 26.

According to official documents, the profit rates on national savings schemes have been increased by 1% to 2.20%, providing relief and improved returns for certificate holders across multiple categories.

Under the revised structure, the return on Special Savings Certificates has risen to 11.6%, while Regular Income Certificates now offer a profit rate of 11.82%.

Officials confirmed that the revised rates will take effect from May 26.

Meanwhile, profit rates on Bahbood Savings Schemes and pension-related savings instruments have been maintained at 12%, according to the official notification.

Previously, adjustments were also announced for Bahbood Savings Certificates, where returns on a Rs200,000 investment were reported to yield higher monthly income under updated rates.

Based on calculations revealed by the document, those investing Rs100,000 in Bahbood Savings Certificates can expect monthly returns of about Rs1,080, while an investment of Rs200,000 will yield roughly Rs2,160 each month.

Analysts have stated that the adjustment is due to the need for continuous updating of returns on government-issued savings tools.

ALSO READ: National savings sets schedule for premium prize bond draws

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts