What are the new profit rates for different categories of NSCs after reduction?

The government has slashed profit rates on the national savings certificates across all categories with the decline going as much as 309 basis points.

According to a notification, the profit rate on the Bahbood Saving Certificates has decreased from 14.16 percent to 13.92 percent.

The profit rate on the Regular Income Certificates has decreased from 12.72 percent to 12.12 percent. Special Saving Certificates profit rate has been decreased from 15.20 percent to 13 percent.

According to the notification, profit rate on the Pensioners Account has been decreased from 14.2 percent to 13.92 percent. The profit rate on the Shuhada Accounts has been slashed from 14.16 percent to 13.9 percent.

The profit rate on the Sarwa Islamic Saving Certificate has decreased from 14.25 percent to 11.16 percent.

The new NSS profit rates will also take effect from Nov 4. NSS investments in July and August this year totaled Rs18.4 billion and Rs5.82 billion, respectively.

1. Bahbood Saving Certificates
   • Previous Rate: 14.16%
   • New Rate: 13.92%
2. Regular Income Certificates
   • Previous Rate: 12.72%
   • New Rate: 12.12%
3. Special Saving Certificates
   • Previous Rate: 15.20%
   • New Rate: 13.00%
4. Pensioners Accounts
   • Previous Rate: 14.20%
   • New Rate: 13.92%
5. Shuhada Accounts
   • Previous Rate: 14.16%
   • New Rate: 13.90%
6. Sarwa Islamic Saving Certificate
   • Previous Rate: 14.25%
   • New Rate: 11.16%