Further increase in profit on Pakistan National Saving Certificates from 1st December 2008

 National Savings  12 Responses »
Dec 022008
 

DG CDNS says if old investors want to benefit from new rates, they need to deposit service charges

BY Khalid MustafaISLAMABAD: The government has increased the rates of profits on National Savings Schemes (NSS) effective from December 1, 2008.
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 Posted by Raheem at 7:19 am  Tagged with:

Interest rates on Pakistan National Saving Schemes increased again

 National Savings  66 Responses »
Sep 252008
 
The Central Directorate of National Savings (CDNS) has increased interest rates on different saving schemes from October 1. It is learnt on Wednesday that interest rate of Regular Saving Certificates has been raised from 11.52 to 13.30 percent and Special Saving Certificates from 11.25 to 12.8 percent. The enhanced interest rates would be applicable on new investments and schemes.The interest rates on Pensioners’ Benefit Accounts and Behbood Saving Certificates has been increased from 13.56 percent to 15 percent. However, there is no increase in the interest rates of Defence Saving Certificates. An important feature of the revision of rates by the CDNS is that the persons, using old saving schemes, can switch over to the new schemes by paying nominal services charges. Continue reading »
 Posted by Raheem at 10:17 am  Tagged with:
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