ISLAMABAD: The National Savings Centres, also known as Markaz-e-Qaumi Bachat, offer various savings certificates that allow the public to earn attractive returns on their investments.
The five main products available at National Savings include Bahbood Savings Certificates, Defense Savings Certificates, Regular Income Certificates, Special Savings Certificates, and Short-Term Savings Certificates.
Here are the updated profit rates for all savings certificates:
Bahbood Savings Certificates
National Savings offers monthly profit on Bahbood Savings Certificates, aimed at helping widows, disabled individuals, and the elderly manage their monthly expenses.
The profit rate for Bahbood Savings Certificates is 13.92%, meaning you will earn Rs1,160 for every Rs100,000 invested.
Defense Savings Certificates
National Savings provides a 10-year maturity plan for Defense Savings Certificates, offering increased profits over time.
The profit rate for Defense Savings Certificates is 12.19%. Here’s the annual profit you can expect based on a Rs100,000 investment over 10 years:
- First Year: Rs109,000
- Second Year: Rs119,000
- Third Year: Rs130,000
- Fourth Year: Rs143,000
- Fifth Year: Rs159,000
- Sixth Year: Rs179,000
- Seventh Year: Rs204,000
- Eighth Year: Rs235,000
- Ninth Year: Rs272,000
- Tenth Year: Rs316,000
Regular Income Certificates
The Regular Income Certificates are designed to help individuals meet their monthly needs, with a 5-year maturity period.
The profit rate for these certificates is 12.00%, a slight decrease from the previous 12.10%.
Investors will receive Rs1,000 per month for every Rs100,000 invested, down from the previous Rs1,010 per month.
Special Income Certificates
The Special Income Certificates are geared towards small to medium investors who seek bi-annual returns.
The profit rate is 11.60% for the first five periods (six months each) and rises to 12.60% for the sixth (final) period.
- Profit 1-5: 11.60% or Rs5,800 on each Rs100,000 investment
- Profit 6: 12.60% or Rs6,300 on each Rs100,000 investment
Short-Term Certificates
For short-term investments, the following profit rates apply:
- Three-month maturity: 12.76% or Rs3,190 for every Rs100,000 invested, down from the previous 14.32% or Rs3,580.
- Six-month maturity: 12.74% or Rs6,370, compared to the previous 13.46% or Rs6,730.
- 12-month maturity: 12.38% or Rs12,380.
