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National Savings Revised Profit Rates for All Schemes

The government had decided to cut rates on national savings plans with immediate effect, in order to adjust them to the key rate cuts in a short time.

Interest rates were lowered after the State Bank of Pakistan (SBP) aggressively cut interest rates by 4.25% within a month.

According to a notification, the win rate was lowered by:

  • 1.86% to 8.54% from 10.54% on Defense Saving Certificates
  • 1.92% to 10.32% from 12.28% on Behbood and Pension Funds
  • 1.60% to 7% from 8.60% on Savings Account
  • 3% to 8% from 11.13% on Special Saving Certificates (SSC)
  • 2.28% to 8.28% from 10.56% on Regular Income certificate

The new rates will apply from April 24, 2020. The profit is payable on deposits into savings accounts that have been withdrawn by non-checks and has been set at 7 percent per year. The win rate for monthly credits on Shuhada’s family care account has been set at 10.32% per year.

National Savings Decreases Profit Rates

In the first seven months, the management managed to collect Rs. 116 billion. It was commissioned to collect Rs. 352 billion savings in the current fiscal year versus the actual collection of Rs. 410 billion in the past fiscal year.

قومی بچت نے تمام اسکیموں کے لئے نفع کی قیمتوں میں کمی کر دی

حکومت نے فیصلہ کیا تھا کہ قومی بچت اسکیموں کے منافع کی شرحوں کو فوری طور پر بینچ مارک سود کی شرحوں میں بہت کم وقت کے ساتھ ساتھ اثر انداز کیا جائے۔

اسٹیٹ بینک آف پاکستان (ایس بی پی) نے ایک ماہ میں بینچ مارک سود کی شرح میں جارحانہ طور پر 4.25 فیصد کی کمی کے بعد سود کی شرح میں ترمیم کر دی۔

یہ نئی شرحیں 24 اپریل 2020 ء سے لاگو کی گئیں۔ بچت بینک کھاتوں میں جمع کروانے والے منافع پر منافع ادا ہوگا جہاں چیک کے علاوہ کسی کے ذریعہ واپسی کی رقم 7 فیصد سالانہ مقرر کی گئی۔ شہدا کے خاندانی بہبود اکاؤنٹ میں ماہانہ بیلنس پر منافع کی شرح سالانہ 10.32٪ رکھی گئی۔

Moazzam Sultan
He is very good author and love to cover new stories from every field.

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