Pakistan National Saving Certificates profits curtailed-1-July-09

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    The federal government has reduced the rates of profit on ‘National Savings Schemes’ effective on investment received on or after July 1st, 2009. As per the press release, issued by the Central Directorate of National Savings, the rates of profit on Special Savings Certificates (Registered)/Accounts, Regular Income Certificates, Bahbood Savings Certificates/ Pensioner’s Benefit Accounts and Savings Accounts have been cut to 11.67%, 12.00%, 14.16%, and 8.50% per annum respectively. The rate of profit on Defence Savings Certificates i.e. 12.15 per cent pa and the value & number of prizes on prize bonds remain unchanged.

    Special Savings Certificates (Registered)/Accounts=11.67%

    Regular Income Certificates=12.00%

    Bahbood Savings Certificates/ Pensioner’s Benefit Accounts=14.16%

    Savings Accounts=8.50%

     Source: Geo TV, The News, Daily Times

    Please click the following link to see profit rates effective from July 2009

     http://www.opfblog.com/8605/pakistan-national-saving-schemes-profit-rates-july-2009/

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      10 comments to Pakistan National Saving Certificates profits curtailed-1-July-09

      • IMRAN SIDDIQ

        PLEASE MAIL ME A LIST OF “DEFENCE SAVING CERTIFICATE’ 10 YEARS INVESTMENT INTEREST RATE.

        THANKS.

        • chandamalik

          PLEASE MAIL ME A LIST OF “DEFENCE SAVING CERTIFICATE’ 10 YEARS INVESTMENT INTEREST RATE.

          THANKS.
          Please check your mail and double check always when you write your email address. (Moderator)

      • @ Imran
        You may download COMPARISON CHART OF SAVING SCHEMES from here;
        http://www.opfblog.com/6371/details-about-pakistan-national-saving-certificates/
        Please note that there is no change in profit on Defence Saving.

      • nasir

        pls send details about certificate profit

      • usman

        I WANT TO KNOW THAT IF THAT PERSON IS DEAD WHO HAVE DEFENSE SAVING CERTIFICATE WHAT THE METHOD TO CASH NOMINATE PERSONS

      • javaidfaizi

        what is the rate of profit for the defence certificates(diferent denomination) purchased in April 2009

      • javaidfaizi

        what is the rate of profit for the defence certificates(different denomination) purchased in April 2009

      • shoukat

        if somebody buys regular income certificates but deosnot cash the profit monthly for a whole year then he want to encashment his half of deposit how much will the center deduce the amount?

      • Sabour

        If someone buys Special Savings Certificates of Rs.100,000 @11.67%PA and does not encash profit after 6 months, what profit will he get after a year (including profit on previous 6 month’s profit). Please advise, as there are staff at National Savings Offices, who are misguiding people by taking their blank signatures, and keeping the amount that people don’t know about i.e. profit on the reinvested amount.
        Thanks.

      • Mohsin Raza

        please tell me how i can transfer my saving A/c OR SAVING CERTIFICATE one city to 2nd city in pakistan and your staff in some places are not cooperative

        THANKS