Islamabad, Mar 21, 2025: The federal government has introduced adjustments to the profit rates of national savings schemes, increasing returns on several certificates while reducing the savings account rate.
The changes, implemented by the Central Directorate of National Savings (CDNS), aim to align returns with prevailing economic conditions.
Following the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 12%, CDNS has revised multiple profit rates.
The Short-Term Savings Certificate (STSC) now offers a slightly higher return, rising from 10.81% to 10.96%, marking an increase of 15 basis points (bps).
Similarly, the Defence Savings Certificate (DSC) has been marginally adjusted, now providing a 12.15% return, reflecting a one bps increase.
Senior citizens and families of martyrs will also benefit, as the Pensioners’ Benefit Account, Bahbood Savings Certificate, and Shuhada Family Welfare Account have seen their returns grow by 10 bps to 13.68%.
Islamic savings schemes have also been revised.
The Sarwa Islamic Term Account (SITA) and Sarwa Islamic Savings Account (SISA) have experienced the biggest jump, with an increase of 70 bps, moving from 9.74% to 10.44%.
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However, the savings account return has been lowered by 100 basis points, bringing it down from 11.5% to 10.5%.
This reduction is part of the government’s strategy to balance national savings returns with broader financial policies and liquidity management.
These adjustments reflect the ongoing efforts to provide competitive returns while ensuring economic stability. Investors and account holders should review these changes to make informed financial decisions.
