Profit rates of National Savings Schemes revised
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Central Directorate of National Savings (CDNS) revised profit percentage on Regular Income Certificate and Special Savings Certificate and Special Savings Account, reported 24NewsHD TV channel on Wednesday.
According to the notification, profit on Regular Income Certificate was reduced by 4 basis points (bps) and 20 (bps) basis points was increased in profit of Special Savings Certificate (SSC) and Special Savings Account.
Earlier, Central Directorate of National Savings (CDNS) had secured Rs1.14 trillion in fresh bond investments as of April 15, 2025, achieving 69.09% of its annual target in the first half of the final quarter of the current fiscal year.
A senior official at CDNS told that the directorate has set an ambitious target of Rs 1.65 trillion for the fiscal year 2024–25, in a bid to further strengthen the country’s savings culture and offer secure investment avenues to the public.
The CDNS is also focusing on Islamic finance, setting a dedicated investment target of Rs 170 billion for the ongoing fiscal year. “This initiative aims to contribute to the growth of the Islamic economy and diversify our product offerings,” the official added.
Reporter: Ashraf Khan