ISLAMABAD: The government has again reduced profit rates on National Savings Schemes (NSS), slashing returns by up to 70 basis points (bps) across various investment categories.
Revised Profit Rates
According to the latest update:
- Defence Savings Certificates (DSC) now offer 12.14%, slightly down from 12.15%.
- Special Savings Certificates (SSC) & Special Savings Account (SSA) have dropped by 20 bps to 11.00% from 11.20%.
- Short-Term Savings Certificates (STSC) have declined by 6 bps, now at 11.08%.
- Bahbood Savings Certificates (BSC), Pensioner Benefit Account (PBA), & Shuhada Family Welfare Account (SFWA) have each been reduced by 10 bps to 13.58%.
- Sarwa Islamic Savings Account (SISA) & Sarwa Islamic Term Account (SITA) (1-Year Tenure) faced the sharpest decline, dropping 70 bps to 9.74% from 10.44%.
This latest revision affects both short-term and long-term investors, reflecting shifting economic policies.
