ISLAMABAD: The government has announced new profit rates for national savings schemes, aiming to provide higher returns to investors, according to an official statement.
The announcement includes an increase of 1.2 percentage points in profit rates for Welfare and Pension Accounts, raising the rate from 12% to 13.2%.
The following are the profit rates for other savings schemes:
Shariah-compliant Savings Account – Increased by 0.9% to make it 11.88%
Special Savings Certificates – Increased by 0.54% to make it 12.11%
Regular Income Certificate – Increased by 0.042% to make it 12.24%
Short-term Savings Certificate – Increased by 0.54% to yield PKR 11,770 on a PKR 100,000 investment.
These profit rates will come into effect w.e.f. June 10, 2026.
The government has encouraged the investors to use the revised profit rates and earn more.
National Savings announces Rs100 prize bond draw date
Last month, the National Savings Centre has announced the date of holding the 54th draw of the Rs100 prize bond.
As per the information in a press release issued by the concerned authority, the draw will take place on May 15, 2026.
The officials stated that the value of the first prize for the draw of the Rs 100 prize bond would be Rs 700,000 for a single person, while three people would receive the second prize of Rs 200,000 each. Further, several individuals would get the third prize, which would consist of Rs 1,000 each.
They added that the deduction of taxes from the prize money would be made in accordance with the provisions of the laws of the Pakistan government, including 15 percent for registered individuals and 30 percent for unregistered individuals.
The authorities explained that the deduction would be considered the final tax under Section 156 of the Income Tax Ordinance 2001, and it would not be returnable to investors.
Moreover, according to the National Savings Centre, the investment in prize bonds is safe, and it can be converted into cash whenever the holder wants without making any deduction. Prize bonds can be purchased from commercial bank branches and National Savings Centres.
