News

Govt increases profit rate on saving certificates 

May 10, 2022 11:22 AM


Twitter Share Facebook Share WhatsApp Share

Good news for the holders of National Saving Certificates as the government has raised the profit margin on different saving certificates, reported 24NewsHD TV channel.

According to details, the government on Tuesday hiked profit margins on various National Saving Certificates.

The profit margin on Behbood Certificates has been raised by 1.44%. After this raise, the holders of Behbood Certificates will get a profit of 14.16%.

The government has also increased profit on Special Saving Certificates, now the holders will earn a profit of 12.40% on Special Saving Certificates.

The profit rate has been hiked on Regular Income Certificates and with an increase of 0.96%, the profit margin on these certificates has risen to 12%.

The largest hike was announced for the holders of Saving Accounts as their profit margin has been increased by 2.50% and they would get a 10.75% profit on their certificates.

The new rates will be applied from today.

Reporter Habib Khan

 



Most Read

  1. Solar panel rate sinks massively in Lahore Solar panel rate sinks massively in Lahore
  2. LHC orders steel mill demolition over pollution LHC orders steel mill demolition over pollution
  3. Foreigners safe after suicide-bomber targets their van in Karachi Foreigners safe after suicide-bomber targets their van in Karachi
  4. Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath
  5. Hina Rizvi ties the knot with Ammar Ahmed Khan Hina Rizvi ties the knot with Ammar Ahmed Khan
  6. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer