Jun 072008
 

KARACHI: National Savings Schemes mobilised Rs 73.969 billion during the first ten months of the current fiscal year, which is higher by 9.39 percent than Rs 67.651 billion mobilised during the full 2006-07 year.

The government received Rs 2.768 billion through Defence Savings Certificate, Rs 311.9 million through Regular Income Certificates, Rs 13.244 billion through Special Savings Certificates (Reg), Rs 9.508 billion through prize bonds, and Rs 48.135 billion through other instruments.

The federal government had revised upwards the rates of return on national saving schemes on June 23, 2007. The rates on Defence Savings Certificates were enhanced from 10 percent to 10.15 percent, on Special Savings Certificates/ Account from 9.17 percent to 9.25 percent, on Regular Income Certificates from 9.24 percent to 9.54 percent, on Pensioners’ Benefit Account & Bahbood Savings Certificates from 11.52 percent to 11.64 percent and on Savings Account from 6 percent to 6.50 percent.

Courtesy: Daily Times, 7/6/2008

 Posted by at 3:29 pm

 4 Responses to “Pakistan National Savings schemes mobilise Rs 73.969 billion”

  1. Hello dear
    I seeking the friends in pakistan

  2. Hello

    Im an overseas pakistani living in the UK. I’m interested in investing money in the Pakistan National Savings Sceme.

    I have a couple of questions.

    1) How safe are these schemes in terms of deposit guarentees.( Can they go bust and not pay back even though they are the government)

    2) What is the safest way of depositing funds into the schemes.

    Any help appreciated.

  3. Habib Khan sahib
    National Saving Schemes are very safe investment, no risk involved. Buying certificsates or opening an account is very easy, just need to visit National Saving Center, pay money and buy certificates.

    Please click below to visit state bank of Pakistan’s website for detailed information. The charts are older but can give you the hint also.

    //www.sbp.org.pk/sbp_bsc/BSC/accounts/Sp_Saving_Cert.pdf

  4. i m living in kuwait working in kuwait national petrolum company since 1983 wants to inverst in save inverstment in the islamic way is there any such products kindly guide me my cell no 00965-66860287

Leave a Reply

%d bloggers like this: