Jun 252008
ISLAMABAD: The federal government has revised upwardly the rates of profit on National Saving Schemes (NSS) instruments with effect from 1st July 2012. Updated profit rates effective from July 2012 are as under;
Profit rates effective from 1st January 2013;
These profit rates would be applicable on investment to be made in these schemes during next three months
| SCHEME | OLD RATE | NEW RATE |
| Special Saving Certificates | 9.90% | 9.70% |
| Regular Income Certificates | 10.56% | 10.36% |
| Behbood Saving Certificates | 12.96% | 12.72% |
| Pensioner Benefit Account | 12.96% | 12.72% |
| Defence Saving Certificates | 11.04% | 10.84% |
| Saving Account | 6.85% | 6.65% |
PROFIT RATES – DEFENSE SAVING CERTIFICATES (DSC)
Historical Rates Remained Applicable On Defense Savings Certificates From 25th
November, 1993 Onwards
| Effective Period | Rate | Payable Amount (Principal + Profit ) On Investment of Every Rs.100,000/- On Completion Of | ||||||||||
| From | To | (% p.a.) | 1st Year | 2 Years | 3 Years | 4 Years | 5 Years | 6Years | 7 Years | 8 Years | 9 Years | 10 Years |
| 25-Nov-93 | 12-Nov-96 | 16.00% | 113,000 | 128,000 | 147,000 | 170,000 | 198,000 | 232,000 | 272,000 | 319,000 | 375,000 | 441,000 |
| 13-Nov-96 | 13-May-99 | 18.04% | 114,500 | 132,000 | 153,000 | 178,000 | 208,000 | 246,000 | 294,000 | 354,000 | 429,000 | 525,000 |
| 14-May-99 | 31-Dec-99 | 15.97% | 112,000 | 130,000 | 150,000 | 172,000 | 200,000 | 232,000 | 270,000 | 316,000 | 380,000 | 440,000 |
| 01-Jan-00 | 30-May-00 | 15.01% | 111,000 | 128,000 | 146,000 | 166,000 | 192,000 | 221,000 | 253,000 | 295,000 | 352,000 | 405,000 |
| 31-May-00 | 30-Jun-00 | 14.01% | 109,000 | 121,000 | 138,000 | 157,000 | 184,000 | 210,000 | 238,000 | 275,000 | 322,000 | 371,000 |
| 01-Jul-01 | 31-Dec-01 | 15.01% | 110,000 | 123,000 | 142,000 | 162,000 | 192,000 | 221,000 | 254,000 | 295,000 | 348,000 | 405,000 |
| 01-Jan-02 | 30-Jun-02 | 14.13% | 109,000 | 121,000 | 138,000 | 157,000 | 184,000 | 210,000 | 238,000 | 275,000 | 322,000 | 375,000 |
| 01-Jul-02 | 31-Dec-02 | 11.61% | 107,000 | 115,000 | 124,000 | 135,000 | 149,000 | 165,000 | 186,000 | 210,000 | 250,000 | 300,000 |
| 01-Jan-03 | 30-Jun-03 | 10.03% | 106,000 | 113,000 | 121,000 | 130,000 | 140,000 | 154,000 | 171,000 | 192,000 | 222,000 | 260,000 |
| 01-Jul-03 | 31-Dec-03 | 8.50% | 105,000 | 111,000 | 118,000 | 126,000 | 135,000 | 145,000 | 157,000 | 174,000 | 197,000 | 226,000 |
| 01-Jan-04 | 21-Jun-04 | 7.96% | 104,000 | 109,000 | 114,000 | 120,000 | 127,000 | 138,000 | 150,000 | 165,000 | 188,000 | 215,000 |
| 22-Jun-04 | 30-Jun-04 | 8.15% | 104,000 | 109,000 | 114,000 | 120,000 | 127,000 | 138,000 | 150,000 | 165,000 | 188,000 | 215,000 |
| 01-Jul-04 | 30-Jun-05 | 8.20% | 104,000 | 109,000 | 115,000 | 120,000 | 130,000 | 139,000 | 150,000 | 166,000 | 189,000 | 219,000 |
| 01-Jul-05 | 05-Jun-06 | 9.46% | 105,000 | 112,000 | 119,000 | 128,000 | 138,000 | 150,000 | 163,000 | 183,000 | 211,000 | 247,000 |
| 05-Jun-06 | 22-Jun-07 | 10.03% | 106,000 | 113,000 | 121,000 | 130,000 | 140,000 | 154,000 | 171,000 | 192,000 | 222,000 | 260,000 |
| 23-Jun-07 | 23-Jun-08 | 10.15% | 107,000 | 116,000 | 126,000 | 138,000 | 151,000 | 166,000 | 184,000 | 206,000 | 232,000 | 263,000 |
| 24-Jun-08 | 30-Sep-10 | 12.15% | 108,000 | 118,000 | 129,000 | 142,000 | 158,000 | 177,000 | 201,000 | 230,000 | 265,000 | 315,000 |
| 01-Oct-10 | 31-Dec-10 | 12.60% | 108,000 | 117,000 | 128,000 | 140,000 | 158,000 | 180,000 | 210,000 | 245,000 | 285,000 | 327,630 |
| 01-Jan-11 | 30-Sep-11 | 13.55% | 108,000 | 117,000 | 128,000 | 142,000 | 160,000 | 183,000 | 213,000 | 251,000 | 298,000 | 356,000 |
| 01-Oct-11 | 31-Dec-11 | 12.68% | 107,000 | 115,000 | 125,000 | 138,000 | 155,000 | 176,000 | 202,000 | 235,000 | 277,000 | 330,000 |
| 01-Jan-12 | 31-Mar-12 | 11.90% | 105,500 | 112,000 | 120,000 | 131,000 | 146,000 | 166,000 | 191,000 | 222,000 | 260,000 | 308,000 |
| 01-Apr-12 | 30-Jun-12 | 12.33% | 107,000 | 115,000 | 125,000 | 138,000 | 155,000 | 176,000 | 202,000 | 234,000 | 273,000 | 320,000 |
| 01-Jul-12 | 26-Aug-12 | 12.68% | 107,000 | 115,000 | 125,000 | 138,000 | 155,000 | 176,000 | 202,000 | 235,000 | 277,000 | 330,000 |
| 27-Aug-12 | 11-Oct-12 | 11.50% | 107,000 | 115,000 | 124,000 | 135,000 | 148,000 | 165,000 | 187,000 | 215,000 | 251,000 | 297,000 |
| 12-Oct-12 | 31-Dec-12 | 11.04% | 106,000 | 113,000 | 121,000 | 131,000 | 144,000 | 161,000 | 182,000 | 208,000 | 242,000 | 285,000 |
| 01-Jan-13 | Till date | 10.84% | 106,000 | 113,000 | 121,000 | 131,000 | 144,000 | 160,000 | 180,000 | 205,000 | 238,000 | 280,000 |
PROFIT RATES – SPECIAL SAVINGS CERTIFICATES (SSCR)
Historical Rates Remained Applicable On Special Savings Certificates (Regd.)/ Accounts From
13th November, 1996 Onwards
| Effective Period | Periodical Profits On Investment of Each Rs.100,000/- After Completion Of | |||||||
| From | To | 06- Months | 01-Year | 1 1/2 Year | 2 Years | 2 1/2 Years | 03-Years | |
| 13-Nov-96 | 13-May-99 | Rate (% p.a.) | 16.00% | 16.00% | 16.00% | 16.00% | 16.00% | 18.00% |
| Profit (PKR) | 8,000.00 | 8,000.00 | 8,000.00 | 8,000.00 | 8,000.00 | 9,000.00 | ||
| 14-May-99 | 31-Dec-99 | Rate (% p.a.) | 14.00% | 14.00% | 14.00% | 14.00% | 14.00% | 16.00% |
| Profit (PKR) | 7,000.00 | 7,000.00 | 7,000.00 | 7,000.00 | 7,000.00 | 8,000.00 | ||
| 01-Jan-00 | 30-May-00 | Rate (% p.a.) | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 14.00% |
| Profit (PKR) | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 7,000.00 | ||
| 31-May-00 | 30-Jun-00 | Rate (% p.a.) | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 14.00% |
| Profit (PKR) | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 7,000.00 | ||
| 01-Jul-00 | 30-Jun-01 | Rate (% p.a.) | 11.00% | 11.00% | 11.00% | 11.00% | 11.00% | 12.00% |
| Profit (PKR) | 5,500.00 | 5,500.00 | 5,500.00 | 5,500.00 | 5,500.00 | 6,000.00 | ||
| 01-Jul-01 | 31-Dec-01 | Rate (% p.a.) | 12.20% | 12.20% | 12.20% | 12.20% | 12.20% | 13.20% |
| Profit (PKR) | 6,100.00 | 6,100.00 | 6,100.00 | 6,100.00 | 6,100.00 | 6,600.00 | ||
| 01-Jan-02 | 30-Jun-02 | Rate (% p.a.) | 12.20% | 12.20% | 12.20% | 12.20% | 12.20% | 13.20% |
| Profit (PKR) | 6,100.00 | 6,100.00 | 6,100.00 | 6,100.00 | 6,100.00 | 6,600.00 | ||
| 01-Jul-02 | 31-Dec-02 | Rate (% p.a.) | 10.30% | 10.30% | 10.30% | 10.30% | 10.30% | 11.30% |
| Profit (PKR) | 5,150.00 | 5,150.00 | 5,150.00 | 5,150.00 | 5,150.00 | 5,650.00 | ||
| 01-Jan-03 | 30-Jun-03 | Rate (% p.a.) | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 9.50% |
| Profit (PKR) | 4,250.00 | 4,250.00 | 4,250.00 | 4,250.00 | 4,250.00 | 4,750.00 | ||
| 01-Jul-03 | 31-Dec-03 | Rate (% p.a.) | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 8.50% |
| Profit (PKR) | 3,750.00 | 3,750.00 | 3,750.00 | 3,750.00 | 3,750.00 | 4,250.00 | ||
| 01-Jan-04 | 30-Jun-04 | Rate (% p.a.) | 7.00% | 7.00% | 7.00% | 7.00% | 7.00% | 8.00% |
| Profit (PKR) | 3,500.00 | 3,500.00 | 3,500.00 | 3,500.00 | 3,500.00 | 4,000.00 | ||
| 01-Jul-04 | 31-Dec-04 | Rate (% p.a.) | 6.80% | 6.80% | 6.80% | 6.80% | 6.80% | 7.70% |
| Profit (PKR) | 3,400.00 | 3,400.00 | 3,400.00 | 3,400.00 | 3,400.00 | 3,850.00 | ||
| 01-Jan-05 | 30-Jun-05 | Rate (% p.a.) | 6.80% | 6.80% | 6.80% | 6.80% | 6.80% | 7.70% |
| Profit (PKR) | 3,400.00 | 3,400.00 | 3,400.00 | 3,400.00 | 3,400.00 | 3,850.00 | ||
| 01-Jul-05 | 04-Jun-06 | Rate (% p.a.) | 8.40% | 8.40% | 8.40% | 8.40% | 8.40% | 9.60% |
| Profit (PKR) | 4,200.00 | 4,200.00 | 4,200.00 | 4,200.00 | 4,200.00 | 4,800.00 | ||
| 05-Jun-06 | 22-Jun-07 | Rate (% p.a.) | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 10.00% |
| Profit (PKR) | 4,500.00 | 4,500.00 | 4,500.00 | 4,500.00 | 4,500.00 | 5,000.00 | ||
| 23-Jun-07 | 23-Jun-08 | Rate (% p.a.) | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 10.50% |
| Profit (PKR) | 4,500.00 | 4,500.00 | 4,500.00 | 4,500.00 | 4,500.00 | 5,250.00 | ||
| 24-Jun-08 | 30-Sep-08 | Rate (% p.a.) | 11.00% | 11.00% | 11.00% | 11.00% | 11.00% | 12.50% |
| Profit (PKR) | 5,500.00 | 5,500.00 | 5,500.00 | 5,500.00 | 5,500.00 | 6,250.00 | ||
| 01-Oct-08 | 31-Nov-08 | Rate (% p.a.) | 12.80% | 12.80% | 12.80% | 12.80% | 12.80% | 14% |
| Profit (PKR) | 6400 | 6400 | 6400 | 6400 | 6400 | 7000 | ||
| 01-Dec-08 | 31-Mar-09 | |||||||
| Profit (PKR) | 7200 | 7200 | 7200 | 7200 | 7200 | 7600 | ||
| 01-Apr-09 | 30-Jun-09 | |||||||
| Profit (PKR) | 6500 | 6500 | 6500 | 6500 | 6500 | 7100 | ||
| 01-Jul-09 | 30-Sep-10 | |||||||
| Profit (PKR) | 5800 | 5800 | 5800 | 5800 | 5800 | 6000 | ||
| 01-Oct-10 | 31-Dec-10 | Rate (% p.a.) | 12% | 12% | 12% | 12% | 12% | 12.80% |
| Profit (PKR) | 6000 | 6000 | 6000 | 6000 | 6000 | 6400 | ||
| 01-Jan-11 | 30-Sep-11 | Rate (% p.a.) | 13.20% | 13.20% | 13.20% | 13.20% | 13.20% | 14.00% |
| Profit (PKR) | 6600 | 6600 | 6600 | 6600 | 6600 | 7000 | ||
| 01-Oct-11 | 31-Dec-11 | Rate (% p.a.) | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% | 13.00% |
| Profit (PKR) | 6200 | 6200 | 6200 | 6200 | 6200 | 6500 | ||
| 01-Jan-12 | 31-Mar-12 | Rate (% p.a.) | 11.60% | 11.60% | 11.60% | 11.60% | 11.60% | 12.00% |
| Profit (PKR) | 5800 | 5800 | 5800 | 5800 | 5800 | 6000 | ||
| 01-Apr-12 | 30-Jun-12 | Rate (% p.a.) | 11.80% | 11.80% | 11.80% | 11.80% | 11.80% | 12.20% |
| Profit (PKR) | 5900 | 5900 | 5900 | 5900 | 5900 | 6100 | ||
| 01-Jul-12 | 26-Aug-12 | Rate (% p.a.) | 11.90% | 11.90% | 11.90% | 11.90% | 11.90% | 12.60% |
| Profit (PKR) | 5950 | 5950 | 5950 | 5950 | 5950 | 6300 | ||
| 27-Aug-12 | 11-Oct-12 | Rate (% p.a.) | 10.70% | 10.70% | 10.70% | 10.70% | 10.70% | 11.30% |
| Profit (PKR) | 5350 | 5350 | 5350 | 5350 | 5350 | 5650 | ||
| 12-Oct-12 | 31-Dec-12 | Rate (% p.a.) | 9.90% | 9.90% | 9.90% | 9.90% | 9.90% | 10.50% |
| Profit (PKR) | 4950 | 4950 | 4950 | 4950 | 4950 | 5250 | ||
| 01-Jan-13 | Till Date | Rate (% p.a.) | 9.70% | 9.70% | 9.70% | 9.70% | 9.70% | 10.30% |
| Profit (PKR) | 4850 | 4850 | 4850 | 4850 | 4850 | 5150 | ||
PROFIT RATES – REGULAR INCOME CERTIFICATES (RIC)
Historical Rates Remained Applicable On Regular Income
Certificates From 13th November, 1996 Onwards
| Effective Period | Monthly Profit | Rate | |
| on Each | (% p.a.) | ||
| Rs.100,000/- | |||
| From | To | (Rs) | |
| 13-Nov-96 | 06-Jan-97 | 1,300.00 | 15.60% |
| 07-Jan-97 | 13-May-99 | 1,500.00 | 18.00% |
| 14-May-99 | 31-Dec-99 | 1,333.00 | 16.00% |
| 01-Jan-00 | 30-Jun-00 | 1,166.66 | 14.00% |
| 01-Jul-00 | 30-Jun-02 | 1,040.00 | 12.48% |
| 01-Jul-02 | 31-Dec-02 | 880 | 10.56% |
| 01-Jan-03 | 30-Jun-03 | 760 | 9.12% |
| 01-Jul-03 | 31-Dec-03 | 640 | 7.68% |
| 01-Jan-04 | 30-Jun-04 | 580 | 6.96% |
| 01-Jul-04 | 31-Dec-04 | 570 | 6.84% |
| 01-Jan-05 | 30-Jun-05 | 570 | 6.84% |
| 01-Jul-05 | 04-Jun-06 | 740 | 8.88% |
| 05-Jun-06 | 22-Jun-07 | 770 | 9.24% |
| 23-Jun-07 | 23-Jun-08 | 795 | 9.54% |
| 24-Jun-08 | 30-Sep-08 | 960 | 11.52% |
| 01-Oct-08 | 30-Nov-08 | 1108 | 13.30% |
| 01-Dec-08 | 31-03-09 | 1250 | 15.00% |
| 01-Apr-09 | 30-Jun-09 | 1133 | 13.60% |
| 01-Jul-09 | 30-Sep-10 | 1000 | 12.00% |
| 01-Oct-10 | 31-Dec-10 | 1030 | 12.36% |
| 01-Jan-11 | 30-Sep-11 | 1120 | 13.44% |
| 01-Oct-11 | 31-Dec-11 | 1050 | 12.60% |
| 01-Jan-12 | 31-Mar-12 | 980 | 11.76% |
| 01-Apr-12 | 30-Jun-12 | 1010 | 12.12% |
| 01-Jul-12 | 26-Aug-12 | 1030 | 12.36% |
| 27-Aug-12 | 11-Oct-12 | 920 | 11.04% |
| 12-Oct-12 | 31-Dec-12 | 880 | 10.56% |
| 01-Jan-13 | Till date | 864 | 10.36% |
PROFIT RATES – BAHBOOD SAVINGS CERTIFICATES (BSC)
Rates Applicable On Bahbood Savings Certificates
| Effective Period | Monthly Profit | Rate | |
| on Each | (% p.a.) | ||
| Rs.100,000/- | |||
| From | To | (Rs) | |
| 01-Jul-03 | 30-Jun-05 | 840.00 | 10.08% |
| 01-Jul-05 | 04-Jun-06 | 920.00 | 11.04% |
| 05-Jun-06 | 22-Jun-07 | 960.00 | 11.52% |
| 23-Jun-07 | 23-Jun-08 | 970.00 | 11.64% |
| 24-Jun-08 | 30-Sep-08 | 1130.00 | 13.56% |
| 01-Oct-08 | 30-Nov-08 | 1250 | 15.00% |
| 01-Dec-08 | 31-Mar-09 | 1400 | 16.80% |
| 01-Apr-09 | 30-Jun-09 | 1342 | 16.10% |
| 01-Jul-09 | 30-Sep-10 | 1180 | 14.16% |
| 01-Oct-10 | 31-Dec-10 | 1220 | 14.64% |
| 01-Jan-11 | 30-Sep-11 | 1280 | 15.36% |
| 01-Oct-11 | 31-Dec-11 | 1200 | 14.40% |
| 01-Jan-12 | 31-Mar-12 | 1155 | 13.86% |
| 01-Apr-12 | 30-Jun-12 | 1190 | 14.28% |
| 01-Jul-12 | 26-Aug-12 | 1220 | 14.64% |
| 27-Aug-12 | 11-Oct-12 | 1125 | 13.50% |
| 12-Oct-12 | 31-Dec-12 | 1080 | 12.96% |
| 01-Jan-13 | Till Date | 1060 | 12.72% |
Note: The above monthly profit has been worked out on Rs.100,000/-. You can easily
calculate profit on your investment by dividing the relevant amount of the table with 100,
000 and then multiplying with the amount you have invested.
229 Responses to “Profit on Pakistan National Saving Schemes”
Sorry, the comment form is closed at this time.
AOA,
I m living in KSA and i m unable to open website of national saving center for the last one month i.e
http://www.savings.gov.pk
can anybody check with him/her that either it is opening or not.
Thx
Ahmad
Now it is working
Yes the site is working fine.
http://www.savings.gov.pk/index.asp
We cannot get the certificates by sitting abroad. You need to go their physically and have to sign the application form etc
ADNAN never cause any loss to any one, never misguide anyone. If you are not sure you have proper knowledge about anything never try to put your in put as your defective knowledge could cause damage to anyone.
Living abroad one can get Defence Certificates or any other similar items including opening of Bank account etc and even withdraw profits sitting abroad. For twenty long years I got my profits withdrawn sitting abroad
Javed please advise me on how to withdraw whilst abroad? I live in the uk and the bank keeps saying due to security they can’t release funds
asalamo alakum ma malumat karna chahata hoon k mane 10 years k liye fabruary 1998 ma certifcate liye the jo k mane aj tak cash nahi karvae is ki totel amount with profit bata de 10 years ki mudat se 2 years zayada ho ge haan totel amount bata de……………………. no 2………………………………………….aprel 2000 m phir certifcate liye the vo b caaash nahi karvaye is aprel m 1 year zayada ho jae ga plz is ki b with profit amount bata dee meri mail par plz,,,,,,,,,
Please tell me that I was purchased the DSC in 1998 after completion of 10 years National Saving Office Pakistan Secretariat, Saddar, Karachi give me short payment as printed on back side of the certificate. they told me the rates of profit revised by government. But my question the government revised/reduced the rates of profit in the year 2006 – 2007 – 2008 and etc. but I purchased the DSC in the year 1998. So why they paid me short payment. Kindly expedite me as soon as possible. as per under the Rule.
Regards,
Waseem Akhtar, F.B.R. Karachi.
Waseem Sahib
Please click below link to contact National Saving offices;
http://www.savings.gov.pk/contact_us.asp
Wasim, you purchased in 1998. The 10 years term expired in 2008. It does not matter what was rates mentioned on back of your DSCs. The rates would apply which from time to time the Government under a notification announced. As a matter of principle you are quite right that those words should be honoured but you know the conditions in our beloved home.
I will advise you and would advise all Overseas Pakistanis that they keep a print out of comparison of rates which the Administrator of this website has painfully prepared above showing rates applicable in different years and in different times. This is a very very useful chart and every one who has invested should keep a copy of it as such information in pieces tabulated at one place is very difficult to find.
Wasim need to make her own calculation from 1998 to 2008 based on the above tabulated Chart and not as given in the back of DSCs and see if he got payment according to that calculated figures.
He is also entitled for the full profit for the years 2009 and 2010 (2011).
My advise to every one holding DSCs and instruments like this is that before going to National Savings or Post Offices and signing on back as pre-receipted receipts should always be avoid and before going to surrender and en-cash double calculations at home must be done.
I agree with Javed Saheb remarks and opinion Every Overseas Pakistani should have the rates index at the time of encashment.
i want copound rate of special savings account of 2010
What is the COPOUND???
ON MAHANA AMDAN ACCOUNT 10 PERCENT WITHHOLDING TAX CONDITION MUST BE REMOVED. AT THE TIME OF OPENING THIS SCHEME TAX WAS NOT APPLICABLE. 10 PERCENT WITHHOLDING TAX IS TO MUCH. ONE CAN NOT AFFORD IT. ALL THE MIDDLE AND LOWER CLASS PEOPLE ARE KEEPING SMALL SAVING IN NATIONAL SAVING CENTERS. SUCH TYPE OF HUGE PERCENTAGE IS TO MUCH. TO ENCOURAGE THE SMALL SAVING TAX CONDITION SHOULD BE VIVAED. WHEN THE WITHDRAWAL SLIP WILL TAKE THE PLACE AS CHEQUE WE CAN TRANSFER MONEY FROM PLACE TO PLACE. DUE TO THIS ACTION RUSH AT THE COUNTER WILL ALSO BE REDUCED. ATM MACHINE INSTALLATION IS ALSO MUST TO OVERCOME THE RUSH.
Withholding tax is a very small amount on profits only. It has no stand that while opening of Mahana Amadni Account this tax was not there. All over the any new levy can enforced any time.
National Savings is not a member of Clearing House hence its withdrawal slips can not be transacted as bank cheques. However if amounts are big you can deposit a withdrawal slip in your account, some banks do transcit these but services charges are high.
i want know that is they deduct with holding tax from foreigner ? because they send white money.
thanks.
Yes withholding tax is deducted. It is only a nominal amount on profit only and not on principal.
Respected concerns,
We have lost our national defense saving certificate in a home robbery .Me and wife are retired persons.
Kindly share with us the set procedure to apply for the duplicate,if anyone knows about it.
We are unable to get the relevant information from the concerned persons and they are not helping us around. Please help us in this regard
Not that much worry. First of all immediately without a minute delay write a letter t your National Savings Centre informing them “simply” that you have lost your Certificates (do not say in robbery) and that the Centre should immediate stop any payment, profits, encashment, claim or any other transaction over those with immediate effect. Send this letter to the National Savngs under Registered Mail (a legal way) and as a precaution also send one separately through local TCS. You must have either photo copies of these Certificates or atleast having noted Certificates Serial Nos. Registration No and the date of Registration/Purchase. Mention all these 3 things in your letter.
The above is the most important step to protest your interest. Write only simply very short as I stated above. Do not write long history.
Having done that you will have to prepare Indemnity Bonds text of which can be taken from the National Nationals but “after” you having written the above letter. On the basis of this Indemnity Bond the National Savings on your application will issue you duplicate. It will take your time but you should not worry that much as you have lost only certificates not the money “PROVIDED???”
Since three decades that is why I always advise never the open an account (certificate/investment) on one single signature for which even in 1990 I got the banking procedure/system in Pakistan changed through a human rights petitioin and (ii) never purchase National Savings Certificates as these can get lost, destroyed, get fire in home or floods and instead open “Account” with National Savings.
Write me at adviseme@live.com if you find any difficulty or if someone creates unnecessary problem. This senior citizen though 90% blind still is active in such matters to help others.
I purchase RSC amounting to Rs.300,000/- three months ago and not collect profit from national savings. What amount paid by national savings to me for the three months?
Ejaz, you purchased RSC or onions. Simply you mean to say that you purchased a plot for Rs. 300,000 but you did not know what is the address of the plot and in which city it is. I am sure you must have a lot lot money spending without even a remotest care or consideration. Lucky man
Hey
saudi arab se savings.gov.pk nhi kholte isly plz plz mje koi b wo jo 60 + mei jo hr month pase milte hain i think pensioner scheme ya jo b plz plz uska forum bhej dein mj mail me ta k me use sign krk bhej dun plz plz its very urgent plz mj agar koi mail krde tu me bht ehsan mand honga plz my email is cqmalik@gmail.com
I was purchased the DSC in 2002 as amount of 2.2 millions Pak Rs. Kindly would you like to tell me the exact net amount i will get after completion of 10 years in 2012 ,after detecting of with holding tax please.
Faheem Rabbani who purchased you. I wonder still in this world people are saleable.
For those unable to open any webiste should use the VPN. We have same problem in China but using VPN can resolve this issue. I am using Astrilldotcom it is quite good and one can open all the blocked websites
hi i would like to open an account with your bank and block it for 3 years. can you please get in touch with me so i can find out the whole information about this schemes.
AOA yar ye sab chakar chorro aor Pakistan State Life ki Policy lo ta ki Aap na bhi raho to app kay ghar walon ko kisi ka agay hath na phelana parray. Dekho Bank Walay ya aam gharon main jo Comatti (BC) dali jati hai. wo mature time pe milti ha aor wohi profit hai jo time pura honay ka baad millay ga. khaw aap ki death ho jay bank walon ko app ki family pe taras bhi nahi aata. lakin state life is k bilkul oposit hai. app ki death jo ki Allah na kary lakin ye aik attal haqeeqat hai ko jo dunia main aya hai us ko jana hai. ye zaroor hai ki is ka time period 20 saal hai lakin faiday bahut hain app ko accident ki surat mainvAIB accident Income Benifit and death ki surat main FIB family Income benift
aor bc no day sako to sab say akhir main ya mar jao to shaid taras kka k koi day dy nahi to aksar kehtay hain chalo mar gia bc kka letay hain. us kay ghar walon k paas bahut hai na bhi dia to kia hai. to dosto der mat karo baqi detail kay liay msg karo mera mera name hai Muhammad Suleman emil id hai Chand_som182@yahoo.com & piariapiaria@hotmail.com my mobile no is 03465760253 i am working in Pakistan State Life.
deko ager app 100,000/- ki insurance karwatay ho to taqreeban 5 to 6 thousand app ka salana premium banay ga ager mahinay pe divied kro to 500 to 600 rupay per month lakin sab say behtreen salana premium hai aor aap ko 1 lakk ka 20 saal ka baad 5 say 6 laak rupia milay ga on maturity. is kay alawa AIB & FIB. sab say behtreen plan Child Education & Marriage Plan hai.
thats good dear!
hehehehhee its hilarious lolxxxxxxxxx
Asalamuaikum, Sir meray pas 2 Lac rupees hain, aur ma 6 month ki saving kerna chahta hon, aur ma chahta hon k mujay is ka benefit b milay, please mujay achay se guide kerain, aur mujay batain k ma kon se certificate purchase keron, aur mujay Lahore Gulberg Branch ka phone number aur address b bata dain……
waiting your reply
@ Majid;
Lahore NSC, Gulberg 29-30/F, Gulberg-II Lahore 042 9263038
6 month ki investment kaa koi khas faida nahin. Special savings certificate lay saktay hein.
Please chack with the above branch.
Good luck
I invest 13 lacs Rs in Regular Income Certificate last year dated 20-10-10.How much i will get net profit after deduction with holding tax in every month.
if one man want to deposite more than 30000 rupees in pensioners benefit account please inform
PENSIONERS BENEFIT ACCOUNT
Keeping in view the hardships faced by the pensioners, this ten years’ maturity scheme was launched by the Government on 19th January, 2003. The deposits are maintained in the form of accounts and the profit is paid on monthly basis reckoned from the date of opening of the account.
Who Can Invest .
The pensioners of Federal Government, Provincial Governments, Government of Azad Jammu & Kashmir, Armed Forces, Semi Government and Autonomous bodies are allowed to invest.
How To Open an Account.
These accounts can only be opened at the National Savings Centre (NSCs) by filling in a prescribed form called DA-1, which is available at the offices of issue free of cost. A copy of the Computerized National Identity Card (CNIC) and the copy of Pension Payment Order may be attached with the application form.
Mode of Deposit.
The account can be opened by depositing cash at the issuing office or by presenting a cheque. The account shall immediately be opened on receipt of cash. However, in case of deposit through cheque the account shall be opened with effect from the date of realization of the cheque after receipt of the clearance advice.
What Is The Investment Limit.
The minimum investment limit is Rs.10,000/-, whereas, the maximum limit is Rs.3,000,000/-. If an investor has already opened an account, he is eligible to invest only two subsequent deposits in that account.
What About Withdrawal.
The deposits can be withdrawn any time after date of deposit subject to deduction of service charges at the following rates:
if withdrawn before completion of one year from the date of deposit. @ 1.00%
of the face value
if withdrawn after one year but before completion of 02 years from the date of deposit. @ 0.75%
of the face value
if withdrawn after two years but before completion of 03 years from the date of deposit. @ 0.50%
of the face value
if withdrawn after three years but before completion of 04 years from the date of deposit. @ 0.25%
of the face value
Note: A receipt of the service charges so deducted, duly signed by the officer incharge and the cashier, shall be issued to the investor.
What Will I Get As Profit.
At the prevailing rates monthly profit of Rs.1280/- is paid on investment of each Rs.100,000/-. This way the profit rate works to 15.36% p.a. Automatic reinvestment of profit facility to earn further profit at the scheme’s rate is not admissible in this scheme.
Tax & Zakat Status.
The withholding tax is not collected on the profit earned on the deposits made in this scheme. The investment made in the scheme is also exempt from Zakat.
I suffered great losses on my prize bonds during my 25 years of investment. Now our family in planning to invest in special saving certificates but idea of withholding tax and Zakat is bad. Government should finish Zakat tax. It is personal decision to pay Zakat to deserving people. You can read my story on the link http://news.webdesignlahore.com/pakistani-government-national-prize-bonds-saving-scheme-and-my-lifelong-experience
plz ur system will be converted in online\computirized as soon as possible
i have 10 lac rupees so plz inform me which scheme is better for me reply as soon as possible and your system will be converted into online.
i have one lac but i want to purchase the certificate. plz told me advise.whlich certificate and whlich A/C#. open
If some one wants to invest money and wants to get reasonable profit then contact me I will personally provide profit of Rs.3000/= per month at every Rs.100000/= invested.
I guarantee of profit.
Plz dnt hesitate no fraud.
No tax deduction.
no zakat deduction.
Our character and reputation is open who knows us.
Inshallah u people admit it
Email:
jamiljahangiri@gmail.com
AOA,
I m living in Saudi Arabia I want to invest my money in national saving scheem, please tell me procedure how i can get in ksa
Thanks
I want to buy from saudi arabia kindly advice me.
Besr regard,s
Habib
Dear sir i want to invest 1 lac…. but i need per month benifet i am doing job in islamabad. give me best fav…
best Regard
moazzam
Moazzam best option for your go for “Regular Income Scheme” with National Savings. Better register with GPO Islamabad to avoid one full day wasting in National Savings Centre. It will give you monthly income.
Hi Dear,
I would like to have islamic banking account. First of all I would like to be sure tht my income is 100% according to Shariah. also please let me know the possibility of getting monthly profit of deposit of 10 Million Rs. what are the best rates I can get it. Please reply to my e-mail.
Syed Muzaffar Hussain
Mississauga Canada
Can you please tell me if there is any Islamic banking anywhere in the word? People make themselves fool by joining so called islamic banking.
Hello
I have mote than one DSC bond with the NSC in Kallar Syedan. I live in uk and cannot travel to Pakistan due to illness and seriously need to withdraw my funds. I have contacted the branch and they tell me there is no way to do it but in person
I have all the certificate numbers and my nadra card number and British passport and driving licence.
Please advise me on hat to do as I’m not familiar with how this works as my father bought them for me in my name and sadly passed away 2 yrs ago.
Is it possible to transfer/wire the funds into my uk bank account (which is obviously under my name) or should I ask the branch to transfer the funds into another branch which is much larger and actually had a fax machine so I can fax my proof of ID over? Please help.
I sometime wonder why people do not read fully and start putting questions answers to which fully and exhaustively already this very fine website gives. Most of the information almost to every possible senario I and the learned webmaster/administrator have already painfully given on these pages.
You can get payment abroad in US$ provided your payment was in foreign exchange/remitted from abroad. Alternatively sitting in UK you can get payment through a Pay Order in Pak Rupees for credit into your account in Pakistan.
Your father purchased the certificates “for you and on your behalf” as you say, it is a tipical situation. Here the question coes of age and signature. Unless true clear position is not known it is difficult to give answer.
No one can wire you or do this and that but only a Pay Order encashable in Pakistan – for credit into your london account in case investment was in foreign exchange.
Under all circumstances, whatsoever, you can get payment sitting in London.
I have 5 lakh rupees, which saving certificates scheme/bank is benficial according profit wise, i want to place this amount for 10 years.
i vl be very thankfull if any one guide me.
i have a question i boght certificates from lahore and its maturity date is MARCH 2012.NOW MY QUESTION IS CAN I reinvest same certificates without travelling to Pakistan and what are the procedure ?
or if i don’t go in march and go in september will i get profit of these 6 months after maturity date is over ?
Yes, you do not need to go Pakistan. Just write a simple two line letter to your National Savings Centre giving your registration number asking them to re-invest the amount from the date of its existing expirty. Write through registered mail and keep preserved the postal receipt. That is all.
MR JAVED HOW ARE YOU , BROTHER BEFORE FEW YEARS BACK I OPENED ONE ACCOUNT IN THE OF MY FATHER AFTER FEW YEARS I CLOSED MY ACCOUNT AND TAKE ALL MY MONEY AND PUT INTO ISLAMIC BANK BECAUSE SOMEBODY TOLD ME THAT THE NATIONAL SAVING SCHEME IS BASE ON SUDD . SO BROTHER CAN U TELL ME IF I WANT TO OPEN AGAIN IN SAVING SCHEME I THINK U UNDERSTAND WHAT I MEAN BECAUSE ISLAMIC BANK NOT GIVING ME MORE PROFIET LIKE NATIONAL SAVING SCHEMES GIVING TO PEOPLE , BROTHER WAITING FOR OUR REPLY
Asad, sorry for late response. Due to my health I hardly come to such sites once or twice a month. You can contact me at email adviseme@live.com which usually once a week I almost attend.
Yes you can again any time go back to National Savings. No bar. National Savings, so far, are the best and safe schemes. What happens tomorrow seeing what is happening around us nothing can be said.
As far as Islamic banking is concerned, again due to my health, I can not give you proper reply. In simple words this Islamic banking (as existings today in Pakistan or in any arab country) is just an addiction and to fool you and me as todays our rulers fool us in the name of democracy, every one equal in the eyes of law, benazir income scheme, merit etc. They are all fooling you and people like you. Using word “islamic” with a banking system is one of the big tool to ppick pocket the people like you. Remember it the day the first ever real Islamic bank true to the concept of Sharia is established any where in the world, the whole world not merely Muslims, even christians, Hindus, Jews will rush towards that Bank.
what is the increased rate of profit for the pensioners on:14.2.2012,please inform me .thanks.
According to National Savings Website on 02/15/2012, rate revised on 01-Jan-2012 for PENSIONERS BENEFIT ACCOUNT is 13.86% (profit amount is Rs.1155.00 for 1 Lac).
is ka kya metleb hai 100 %1
100 1 RS
1000 10 RS
10000 100 RS
10,0000 1000RS
13.86% ka tu pher 10,0000 19,000 Rs benta hai her month can u explane me
Salaam, I just wanted to ask can I buy 10 years fixed saving certificates in UK with out going to Pakistan and if yes then how and from where I can do so. Cheers
@Abs
Yes you can invest from UK. Please click the following link for more information;
http://www.overseaspakistanis.net/10/pakistan-national-saving-schemes-information-for-overseas-pakistanis/
one of my relative keep 30 lacs in behbood certificate (in behbood limit only 30 lacs) the keep 7 lacs more by mistake of my relative & natioanl saving bank they keep also this 7 lacs in behobood. Now 7 monhts finish. so now what will be happened my relative will receive this 7 months profit or not bcuz he want to keeps this 7 lacs on another schme. so now what will be happen please reply me.
I purchase DSC Rs 100000- and not collect any profit and certificate become mature, there is compound interest on this profit which i not collect.
Can any person tell me how to calculate compound interest,
Please some one ell me regarding special saving certificates ie if i deposit 10,00,000 Rs in SSC how much profit i can get monthly and can i use the profit amount abroad by ATM/Debit card and this amount is called profit or interest. pls reply me as soon as posible
What is the procedure of withdraw slip of National Saving Centre.
i have withdraw slip just like an cheque can i transfer it to my bank account ?
National Savings is not a member of Clearing House. As such these withdrawal slips “normally” are not dealt in Clearing House. However there had been practice in the past that some bank branches did accept these slips. You just in the normal way deposit this slip Crossed Payee Account with your Branch.
How much best profit on 1000000 rupees.
The worst investment if one (people like me from the middle and lower middle class) do is that is “life insurance”. Always avoid the big alluring words, attractive pictures of benefits from life insurance. For we the middle class it is much better to put your that money into sewerage or in a river you will not regret at much what you will feel yourself sorry after 20-30 years if you indulge life insurance.
Salaam, I invested in the national defense certificate scheme for 10 years and at the time put it in mine and my daughters name, who was under 18 at the time. I am now in Pakistan and would like to cash the certificates, but the bank manager is telling me that my daughter needs to be here also as she is now an adult. I have photocopies of her uk passport, overseas id card and an authorisation letter, but they are not willing to listen to anything I have to say. I have also asked my relative who is an mp in Jhelum which hasn’t helped either.
I wanted to ask what else I could do since I am flying back to the UK on Sunday and would like to have this all sorted before then.
@Abda
Please contact National Savings Islamabad and ask for help;
Central Directorate of National Savings,
23-N, Savings House, G-6 Markaz,
Civic Centre, Islamabad.
Ph. # 051-9215741-50, Fax 051-9215761
email info@savings.gov.pk
URL http://www.savings.gov.pk Facebook http://www.facebook.com/savings.gov.pk
yar mein ne state kife ki policy buy ki hai aur ab mein khatam krna chahta hn 3 installments krwa chuka hn kya mujhe tamam aqsat wapis mil jayein ge aur kya bonus b mile ga koi authentic document ya policy agar ho to attach kr k bheij dein .thanks
You have paid three installments so far. If now you have woken up from a deep foolish sleep, my sincere advise is forget the whole issue, forget to get refund. It is much much better. But this sincere practical advise does not fit in your ears then keep some tears to shed later.
salam to every one,
Can any one told me that when the prophit rate decreased by the govt what is the effect on already invested money. either it will be changed accordingly or remain saim. Some one told me that if rates goes up it automaticaly increased but if it goes down prophit rate will remain saim only on new investment prophit will be less . Is it true.
THANKS
Iam confused can someone elaborate what if i get defence saving certificate of 500,000 ( 5 lakhs ) and just let it be there for 20 years, how much i will be able to get after 20 years..??
You are confused and you will remain continuously confused because it is very simple for people like you to keep putting questions answers of which are already available but it just need to read the full text. The owner of this page Mr. Rahim has with much pains provided each and every information on this site which the “lazy and confused” people of course can not take benefits of.
Dear Mr.Javed, As I can easily see you as a knowledgable person,and I agree that banking as per Islamic rule is not prevailant, just to clear some confusions I need your help regarding following points
1. Where does the markaz kaumi bachat invest the money provided by the people.
2. Can investment in NDC be categorised as Modaraba arrangement if yes please explain.
3. Has there been any ruling provided by Federal Sharia court, Islami nazriati council or by any other authentic source on NDC as sharia compliant or not?
I would greatly appreiciate response from you or someone who wants to answer not bullshit
Your questions again ride towards the same confusion vested interested have created in the name of “Islam”. Your query about Fatwa, Modaraba are int he same line. The true naked facts are there is no Islamic banking anywhere in the world. The day when a true Islamic bank, working in true spirit of Holy Quran and Sunnah opened anywhere in the world, the individual investors of any faith, religion or country will run to that bank to have “fair” share of income on their deposits.
The private houses, building surrounding Holy Qaba are requisitioned from their owners, of course of high price, in the name of providing more space to visiting Hajis and facilitate them ease. What is practical these emptied spaces are then used for building 8-10 star luxury hotels owned by elite where not a person like me or you can even think of entering into the reception let alone stay an hour but all this is done in the name of Islam.
Face the facts. Completely shun so called Islamic banks. Go to normal banks. If you are not satisfied with the return they give you, take it and simply pass on to families facing hunger and miseries. But do not let your hard earn Rizq-e-Hilal in the hands of some called Islamic banking just to fool you and make their personal coffers haviers.