- Many Pakistanis in Islamabad invest in CDNS for its safety and consistent returns.
- National Savings holds a substantial portfolio of Rs 3.2 trillion.
- The Directorate introduced two new products: Sarawa Islamic Savings Schemes.
National Savings is a key avenue for savings in the country, primarily through government securities, boasting a substantial portfolio of Rs 3.2 trillion. This constitutes approximately 14 percent of the nation's total banking deposits and caters to around 3 million customers.
CDNS strives to offer a financial safety net to the public, with a focus on senior citizens, pensioners, widows, differently-abled individuals, and families of martyrs in the fight against terrorism. This is achieved through a diverse range of National Savings Schemes (NSS) tailored to meet the diverse needs of customers.
The Directorate recently introduced two new products: the Sarawa Islamic Savings Schemes, which offer Shariah-compliant options, and the Digital Savings Schemes. These new additions have attracted a combined net investment of Rs 78.0 billion.
[embedpost slug="/intense-monsoon-rains-expected-in-karachi-from-early-july/"]
The NSS product lineup ranges from 3-month short-term savings certificates (STSC) to 10-year long-term defense savings certificates.
National Savings Scheme Profit Rates 2024
[caption id="" align="alignnone" width="1076"]
National Savings Latest Profit Rates for June 2024[/caption]
[caption id="" align="alignnone" width="1094"]
National Savings Latest Profit Rates for June 2024[/caption]
| S.No | Name of Scheme | w.e.f. 10-04-2023 | w.e.f. 24-03-2024 | Maturity Period | Tax Status |
| 1 | Defence Savings Certificates | 14.87% | 13.36% | 10 Years | Taxable |
| 2 | Special Savings Certificates/Accounts | 17.13% (Average) | 15.93% (Average) | 3 Years | Taxable |
| 3 | Regular Income Certificates | 12.84% | 14.76% | 5 Years | Taxable |
| 4 | Savings Account | 18.50% | 20.50% | Running Account | Taxable |
| 5 | Pensioners’ Benefit Account | 16.56% | 15.60% | 10 Years | Tax exempt |
| 6 | Bahbood Savings Certificates | 16.56% | 15.60% | 10 Years | Tax exempt |
| 7 | Shuhada Family Welfare Account | 16.56% | 15.60% | 10 Years | Tax exempt |
| 8 | National Prize Bonds (Bearer) | 10.00% | 10.00% | Perpetual | Taxable |
| 9 | Premium Prize Bonds (Registered) | 12.92%** | 16.40%* | Perpetual | Taxable |
| 10 | Short Term Savings Certificates (STSC) | ||||
| STSC 3 Months | 19.92% | 19.40% | 3 Months | Taxable | |
| STSC 6 Months | 19.64% | 19.38% | 6 Months | Taxable | |
| STSC 12 Months | 19.82% | 19.00% | 12 Months | Taxable | |
| 11 | SARWA Islamic Savings Schemes | ||||
| SISA | – | 20.50% | Running Account | Taxable | |
| SITA 1 Year | – | 18.54% | 1 Year | Taxable | |
| SITA 3 Year | – | 15.25% | 3 Year | Taxable | |
| SITA 5 Year | – | 14.76% | 5 Year | Taxable |
