Profits on Deposits in National Saving Scheme
Recently, the National Saving Pakistan issued the revised profit rates on various schemes and certificates. From here, you will get the complete details about all the profits on different deposits.
Thus, from here, you will get to know the profit rate for the following schemes.
- Special Saving Certificates
- Special Saving Accounts
- Defense Saving Certificates
- Regular Income Certificates
- Savings Accounts (Un-Change)
- Pensioner’s Benefit ACcount
- Behbood Saving Certificates
- Shuhada Family Welfare Accounts
- Short Term Saving Certificate
Now, below are the details of the scheme mentioned above profits.
Special Saving Certificates and accounts
- Under this category, profit paid after every six months
- The deduction of withdrawing taxes and zakat will be according to the rules.
- Here is the profit rate is:
- Profit # 1-5, 7.6% per annum, Rs 3900 per Rs 100,000 (per half-year)
- Profit # 6, 8.6% per annum, Rs 4400 per Rs 100,000 (per half-year)
Defense Saving Certificates
The value of defense saving certificates of Rs 100,000 after completion of the following year will be:
- Year 01 Value 104,000
- Year 02 value 109,000
- After Year 03 value 115,000
- Year 04 value 123,000
- Year 05 value 133,000
- After Year 06 value 146,000
- Year 07 value 163,000
- Year 08 value 185,000
- After year 09 value 212,000
- Year 10 value 246,000
Regular Income Certificates
For the regular income certificates, the value will be Rs 750 per RS 100,000 per month. The profit paid will be on a monthly basis. However, taxes and zakat deduction will be according to the rules.
Saving Account (Un change)
Under this category, there will be 5.50% per annum. The withdrawing taxes and zakat deduction will be according to the rules.
Pensioner’s Benefit Accounts
It is only for retired Government employees with an aggregate of 11.28% per annum. Thus, the value will be Rs 940 per RS 100,000/month. However, the minimum limit is Rs 10,000, while the maximum limit is 5,000,000.
Behbood Saving Certificate
It is only for the widows and senior citizens of Pakistan with an age limit of t60 above. The value will be Rs 940 per RS 100,000/month. However, the minimum limit is Rs 10,000, while the maximum limit is 5,000,000.
Shuhada Family Welfare Account
The value will be Rs 940 per RS 100,000/month with an aggregate of 11.28%. This account is only for the Shauda family members.
Short-term Saving Certificates
- STSC (03 Months) Rs 1690 per Rs 100,000/-
- STSC (06 Months) Rs 3410 per Rs 100,000/-
- 01 month STSC Rs 6920 per Rs 100,000/-
