The government has recently adjusted the profit rates across various national savings certificates and schemes, with changes of up to 24 basis points (bps).
Profit rates have been raised for the Special Saving Certificate (SSC), Regular Income Certificate (RIC), Pensioners Benefit Account (PBA), Behbood Saving Certificate (BSC), and Shuhada Family Welfare Account (SFWA).
Conversely, the profit rate for Short Term Saving Certificates (STSC) has been reduced by 76 bps.
Notably, rates for the Defence Savings Certificate (DSC), Saving Account (SA), Sarwa Islamic Term Account (SITA), and Sarwa Islamic Saving Account (SISA) remain unchanged.
pecifically, the profit rate for SSC has increased by 20 bps to 15.8 percent, while SA remains steady at 20.5 percent. Conversely, the profit rate for STSC has decreased by 76 bps to 19 percent.
For BSC, PBA, and SFWA, profit rates have risen by 24 bps to 15.6 percent each.
Meanwhile, DSC, SITA, and SISA maintain their current rates at 14.4 percent, 18.54 percent, and 20.5 percent, respectively.
