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New National Savings Profit Rates 2020

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ISLAMABAD, Pakistan: The government has revised the profit rates on National Saving Certificates, enhancing the profit rates on Defense Saving Certificates, Regular Income Certificates, and Special Savings Certificates.

However, the profit rates on Bahbood Savings Certificates, Pensioner Benefit Accounts & Saving Accounts have been retained.

The rates were revised on August 28, 2020.National Savings Profit Rates - The government has revised the profit rates on Saving Certificates, enhancing the profit rates on Defense Saving Certificates, Regular Income Certificates, and Special Savings Certificates. However the profit rates on Bahbood Savings Certificates, Pensioner Benefit Accounts & Saving Accounts have been retained. The rates were revised on August 28, 2020. The profit rate on the Regular Income Certificate has been enhanced by 0.24%; therefore, its new rate is now 8.04%. The Special Savings Certificate has witnessed an increase of 0.90% in its profit rate which has now surged to 7.77%. Likewise, the profit rate on the Defense Saving Certificate has been raised to 8.49% following an increase of 0.05%. No increase has been made in profit rates on Pensioner Benefit Accounts, Bahbood Savings Certificates, and Saving Accounts. Therefore, the profit rates on the Bahbood Savings Certificate and the Pensioner Benefit Account remain 10.32% each. While the profit rate on Saving Account remains at 5.58%.

New National Savings Profit Rates

The profit rate on the Regular Income Certificate has been enhanced by 0.24%; therefore, its new rate is now 8.04%.

The Special Savings Certificate has witnessed an increase of 0.90% in its profit rate which has now surged to 7.77%.

Likewise, the profit rate on the Defense Saving Certificate has been raised to 8.49% following an increase of 0.05%.

No increase has been made in profit rates on Pensioner Benefit Accounts, Bahbood Savings Certificates, and Saving Accounts.

Therefore, the profit rates on the Bahbood Savings Certificate and the Pensioner Benefit Account remain 10.32% each.

While the profit rate on Saving Account remains at 5.58%.

Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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