Govt cuts profit rates for National Savings Schemes

Profit on the Shuhada Family Welfare Account has been reduced by 24 basis points

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ISLAMABAD:

The federal government has further reduced the profit rates on National Savings Schemes.

According to the Central Directorate of National Savings (CDNS), profit rate on Defence Saving Certificates has been decreased by 15 basis points (bps), from 11.91 per cent to 11.76 per cent.

The profit rate on Special Saving Certificates has been significantly reduced by 30bps, bringing it down from 10.90 per cent to 10.60 per cent.

For Islamic Saving Account, the profit rate has been reduced by 59bps, setting the current rate at 9.75 per cent.

The profit on the Shuhada Family Welfare Account has been reduced by 24bps, and the profit on Regular Income Certificates has also been reduced by 20bps.

National Savings Profit Rates pic.twitter.com/WXPADVPJbX

— Topline Securities (@toplinesec) July 2, 2025

Earlier in May, the CDNS had reduced rates of return on several National Savings Schemes, with cuts up to 100bps.

The Savings Account rate dropped by 100bps to 9.5 per cent from 10.50 per cent, according to Topline Securities.

Defence Saving Certificates returns fell by 21bps to 11.91 per cent from 12.12 per cent, while Bahbood Savings Certificates declined by 24bps to 13.44 per cent from 13.68 per cent.

Rates for Pensioners Benefit Account and Shuhda Family Welfare Account were also lowered by 24bps each, now standing at 13.44 per cent.

Similarly, Regular Income Certificates returns decreased by 18bps to 11.52 per cent from 11.70 per cent.