How overseas Pakistanis can invest in National Savings?


بیرون ملک مقیم پاکستانی اگر وہاں سے ہی نیشنل سیونگ سکیمز میں انویسٹ کرنا چا ہیں تو درج ذیل طریقے سے ایسا کر سکتے ہیں۔  اس کے لۓ نیشنل سیونگز کے آفیسر انچارج کے نام بینک ڈرافٹ بمع پا سپورٹ اور شناختی کارڈ  کی فوٹو کاپیزبھیج دیں۔ ڈرافٹ غیر ملکی کرنسی کا بھی بھیج سکتے ہیں لیکن بہتر ہے کہ پاکستانی روپے میں ہو۔اور جس شہر کے سیونگ سنٹر میں انویسٹمینٹ کرنی ہے اس شہر سے کیش ہو سکتا ہو۔

انویسٹمنٹ صرف پاکستانی کرنسی میں ہو سکتی ہے لیکن بیرون ملک ہوتے ہوۓ منافع غیر ملکی کرنسی میں بھی منتقل ہو سکتا ہے۔ مزید تفصیلات نیچے درج ہیں۔

اگر مزید معلومات درکار ہوں تو نیچے درج ای میل ایڈریس پر بھی رابطہ کر سکتے ہیں۔

Email: info@savings.gov.pk

Complaints: complaints@savings.gov.pk

Twitter: @savingsgovpk

A nonresident Pakistani can make investment in National Savings Schemes from abroad by sending Cheque / Draft in any currency in favour of Officer Incharge of National Savings Centre along with the application form duly filled in and copies of Passport and National Identity Card. The Bank Draft got prepared in Pak rupee from abroad are cleared much earlier than those in foreign currency. It would be more appropriate if these are also payable at the same city to the National Savings Centre where the investment is intended to be made. The investment in all the National Savings Schemes is maintained and expressed in Pak rupee only. Amount received in foreign currency is converted into Pak rupee on the prevailing exchange rate through normal banking channels for investment in National Savings Schemes. Moreover, the principal and profit accrued on a certificate issued against foreign exchange received through remittance shall be payable abroad to the purchaser in foreign exchange if so desired by the investor. For the purpose the payable amount shall be converted into the desired currency at the exchange rate prevailing at the time of conversion / payment. The certificates will be dispatched through registered post on given address.

How to encash saving certificates while abroad?

  1. The investor(s) or nominee(s), as the case may be, living abroad shall issue a Power of Attorney, authorizing any person in Pakistan giving his / her full particulars, to collect their cheques. The Power of Attorney so issued shall contain full particulars of the investment i.e. the amount, Registration No. and date of issue of the certificates, name of original holder or Account number and the concerned NSC (office of issue) and the specimen signatures of person(s) issuing it and shall be verified by the 1st or 2nd Secretary of Pakistan Embassy / Consulate General.
  2.  The Savings Certificates of any nature shall be signed on reverse by the investor(s) or nominee(s).
  3.  The investor(s) or Nominee(s) shall address an application to the Officer Incharge of the concerned Centre in Pakistan, stating therein, the complete particulars of the investment i.e. the amount, registration number & date of issue of certificates, name of original holder(s) and complete particulars of the Attorney, appointed to receive the payment.
  4. The investor(s)/nominee(s) must send photo copies of his/her/their computerized National Identity Card(s) / Pakistan Origin Card(s) / National Identity Card for Overseas Pakistanis (NICOP), Passport and Health Insurance certificate, indicating his/her/their presence abroad duly attested by the 1st or 2nd Secretary of Pakistan Embassy / Consulate General.
  5.  The Attorney shall execute an indemnity Bond (on stamp paper of proper value) along with surety of an officer of BPS-17 attested by the Notary Public and countersigned by Class-1 Magistrate to the effect that he (Attorney) will deliver the cheques(s) to the issuers of the Power of Attorney (investor or the nominee(s) and that if due to misrepresentation or concealment of facts by the executants of Power of Attorney, any claim is raised by the original investor(s) or nominee(s) the attorney and the surety shall be responsible to indemnity the Government of Pakistan.

How to get profit from abroad?

  1. An investor can get profit of his certificates / accounts on the basis of Power of Attorney by authorizing any person in Pakistan giving his /her full particulars, to collect the profit in his name subject to the entire satisfaction of the Officer In charge concerned.
  2.  The Power of Attorney so issued shall contain full particulars of the investment i.e. the amount, Registration No. and date of issue of the certificates, name of original holder and the concerned National Savings Centre and shall be verified by the 1st and 2nd Secretary of Pakistan Embassy / Consulate General in the country of his / her residence.

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