The federal government has revised the profit rates of the National Savings Schemes (NSS) effective from October 30, 2023.
The following are National Savings Schemes new rates;
As per the revised rates, the profit rates on Special Savings Certificate (SSC), Defence Savings Certificate (DSC), Behbood Savings Certificate (BSC), Pensioner’s Benefit Account (PBA, Shuhudas Family Welfare Account (SFWA), and Short-Term Savings Certificates (STSC) have been decreased while the profit rates on Regular Income Certificate (RIC), Saving Account, and Sarwa Islamic Saving Account (SISA) have been increased.
The National Savings as it stands today is one of the primeval institutions in the Country with a legacy of more than 140 years that came into existence with the promulgation of Government Savings Bank Act in 1873.
