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National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

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  • 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.
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In Islamabad, numerous Pakistanis opt for Central Directorate of National Savings (CDNS) investments because of the schemes’ safety, consistent returns, and range of products designed for various needs, including special offers for seniors and disadvantaged individuals.

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.

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The NSS product lineup ranges from 3-month short-term savings certificates (STSC) to 10-year long-term defense savings certificates.

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National Savings Scheme Profit Rates 2024

National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

National Savings Latest Profit Rates for June 2024

S.NoName of Schemew.e.f. 10-04-2023w.e.f. 24-03-2024Maturity PeriodTax Status
1Defence Savings Certificates14.87%13.36%10 YearsTaxable
2Special Savings Certificates/Accounts17.13% (Average)15.93% (Average)3 YearsTaxable
3Regular Income Certificates12.84%14.76%5 YearsTaxable
4Savings Account18.50%20.50%Running AccountTaxable
5Pensioners’ Benefit Account16.56%15.60%10 YearsTax exempt
6Bahbood Savings Certificates16.56%15.60%10 YearsTax exempt
7Shuhada Family Welfare Account16.56%15.60%10 YearsTax exempt
8National Prize Bonds (Bearer)10.00%10.00%PerpetualTaxable
9Premium Prize Bonds (Registered)12.92%**16.40%*PerpetualTaxable
10Short Term Savings Certificates (STSC)
STSC 3 Months19.92%19.40%3 MonthsTaxable
STSC 6 Months19.64%19.38%6 MonthsTaxable
STSC 12 Months19.82%19.00%12 MonthsTaxable
11SARWA Islamic Savings Schemes
SISA20.50%Running AccountTaxable
SITA 1 Year18.54%1 YearTaxable
SITA 3 Year15.25%3 YearTaxable
SITA 5 Year14.76%5 YearTaxable

 

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