Karachi, May 21, 2025 – In a significant move impacting millions of small investors, Pakistan has sharply reduced the profit rates on various national saving instruments, bringing most returns down to single digits.
(more…)Tag: National Savings
-
CDNS Announces Draw Schedule 2025 for Premium Prize Bonds
Islamabad: The Central Directorate of National Savings (CDNS) has officially announced the draw schedule for premium prize bonds for the year 2025. This announcement brings anticipation for investors who have placed their savings in premium prize bonds, offering lucrative prizes and periodic profit payments.
(more…) -
CDNS Announces 100th Draw of Rs 200 Prize Bonds
The Central Directorate of National Savings (CDNS) has announced the 100th draw for Rs 200 denomination prize bonds, held on Monday in Sialkot. This milestone event marks yet another successful effort by the CDNS to promote savings culture among Pakistanis through its prize bond schemes.
(more…) -
CDNS Raises Rs. 550 Billion Through Fresh Bonds Issuance
Islamabad, November 20, 2024 – The Central Directorate of National Savings (CDNS) has raised Rs. 550 billion through the issuance of fresh bonds, achieving 15% of its annual target for the current fiscal year 2024-25, from July 1 to November 15.
(more…) -
CDNS Lowers Profit Rates on Savings Certificates
Islamabad, November 7, 2024 – The Central Directorate of National Savings (CDNS) has implemented a downward revision of profit rates on various National Savings Certificates, effective November 4, 2024, marking a strategic shift in its financial offerings.
(more…) -
National Savings Announces Sharp Cut in Profit Rates
Karachi, September 13, 2024 – The Central Directorate of National Savings (CDNS) announced a significant reduction in profit rates for various savings certificates and accounts on Friday, following the State Bank of Pakistan’s (SBP) decision to cut its key policy rate.
(more…) -
Pakistan Reduces Profit Rates on Key Saving Certificates
Karachi, January 26, 2024 – In a move that has financial circles buzzing, the Pakistan has announced a significant reduction in profit rates on key saving certificates, effective from Friday, January 26, 2024.
(more…) -
National Savings Surpasses Rs 420 Billion Target in Fresh Bonds
Islamabad, October 12, 2023 – The Central Directorate of National Savings (CDNS) has achieved its target of Rs 420 billion in fresh bonds for the current fiscal year, covering the period from July 1 to October 10, 2023.
(more…) -
Pakistan increases profit rates on saving schemes
Pakistan has increased the profit rates on various saving scheme after massive raise in benchmark interest rate by the central bank.
(more…) -
National Savings stops profit coupons after August 31, 2022
ISLAMABAD: The Central Directorate of National Savings (CDNS) has announced that it will not issue profit for various savings schemes through coupons.
In a public notice, the CDNS said that laws have been amended related to regular income certificates, Behbood Saving Certificates and Pensioners Benefit Account.
READ MORE: Pakistan increases profit rates for saving accounts
According to the amendments, the investors of saving schemes are required to open saving accounts for receiving profits directly to their accounts.
The CDNS advised the investors to visit their nearest national saving branches and open their saving accounts by August 31, 2022.
The national savings said that it will not allow to release profit through coupons.
READ MORE: Pakistan hikes key policy rate by 125 basis points to 15%
Recently, the CDNS has increased profit rates for saving accounts to 13.50 per cent per annum from 12.25 per cent.
According to Arif Habib Limited, the authority announced the increase in profit rates for two schemes.
The profit rate of savings accounts has been increased by 125 basis points to 13.50 per cent from 12.25 per cent.
READ MORE: Pakistan may see further 100bps hike in policy rate
Similarly, the profit rate has been increased for regular income certificates by 24 basis points to 12.60 per cent from 12.36 per cent.
However, profit rates for other schemes are remained unchanged. The profit rates for the other scheme are: Defence Saving Certificate at 12.40 per cent; Behbood Saving Certificate at 14.16 per cent; Special Saving Certificates at 13 per cent; and Pensioner Benefit Account at 14.16 per cent.