ISLAMABAD: The government on Thursday revised upward profit rates on all national savings schemes and certificates of the Central Directorate of National Savings. The new rates will be applicable to deposits and investments with effect from June 3.

According to several notifications issued by the finance ministry, the rates were revised in the range of 36 to 150 basis points.

The rate of return on Regular Income Certificates was increased by 36 basis points to 12.36pc from 12pc; 150bps to 12.25pc from 10.75pc on the savings accounts; and 60bps to 13pc from 12.40pc on special savings.

The rate of return on Bahbood Savings Certificates, Shuhada’s Family Welfare Accounts, and Defense Savings Certificates will remain unchanged at 14.16pc. The profit rate on Pensioners’ Benefit Accounts will also remain unchanged at 14.6pc.

Published in Dawn, June 3rd, 2022