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National Saving Schemes interest rates go up

The new rates are applicable from June 17

SAMAA | - Posted: Jun 17, 2021 | Last Updated: 1 month ago
SAMAA |
Posted: Jun 17, 2021 | Last Updated: 1 month ago

The interest or profit rate on National Savings Schemes has been increased, the Ministry of Finance said in a notification Thursday.

The rate of interest on 10-year Defense Savings Certificates has been increased from 9.29% to 9.35%.

The rate of return on regular income savings certificates has been increased from 8.64% to 8.76%.

The rate of return on six-month short-term savings certificates has been increased from 7.14% to 7.20%.

Also read: Pakistanis can earn 1% more on national savings schemes as rates go up

There are no changes on Special Savings Certificates and Savings Accounts will maintain interest rates.

Behbood, pensioners and martyr family certificates rates have also been kept unchanged.

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