The State Bank of Pakistan (SBP) has revised its minimum profit rate policy for bank deposits. The updated framework will apply only to eligible individual account holders.
The revised instructions will take effect from August 1, 2026. All other rules on the subject will remain unchanged.
New Policy Targets Smaller Individual Deposits
According to the SBP, the minimum profit rate will apply only to individuals. Their monthly average account balance must not exceed Rs 10 million.
The central bank said larger individual balances will no longer qualify under the requirement. Institutional deposits will also remain outside the revised framework.
Officials said the decision reflects expanded investment opportunities through the newly launched InvestPak platform. The platform enables investors to earn market-based returns on government securities.
InvestPak Aims to Expand Investor Participation
The SBP described InvestPak as a secure and digital investment platform. It allows both retail and institutional investors to purchase government securities.
According to the central bank, the initiative offers a convenient and efficient investment process. Investors can access government securities directly through the platform.
The SBP said the revised policy aims to diversify the investor base for government securities. It also seeks to ensure competitive returns for eligible investors.
The updated framework will continue protecting smaller individual depositors. However, larger balances will now rely on market-based investment options instead.
