The federal government has reduced profit rates on various national savings plans by up to 2 percent, as it is in line with the reducing the last policy rate of the Pakistani country of 100 points to 12 %.
The profit rate on regular income certificates is reduced to 11.88 % annually, a decrease from 12 %. Short -term certificates have also witnessed adjustments, with a decrease in the certificate’s return for three months from 3,190 rupees to 2,810 rupees per 100,000 rupees.
Likewise, the defense provision certificates return were reduced to 14.22 % from 14.41 %. Behbood’s savings and retired certificates have witnessed their rates to 13.68 % of 13.92 %. The same reduction applies to the accounts of the families of Shahid, which now provides 13.68 percent instead of 13.92 percent annually.
The profit rate on savings accounts has been reduced from 13.50 percent to 11.50 percent. However, the revenues on special savings certificates, special savings accounts, Islamic Serva accounts, and Islamic savings accounts are not changing.
