Karachi, July 2, 2025 – The Central Directorate of National Savings (CDNS) has announced a sharp reduction in profit rates across a wide range of saving schemes.
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Pakistan Adjusts Profit Rates on Savings Investments
KARACHI – The government of Pakistan has made significant adjustments to the profit rates on national savings schemes, raising returns on several investment certificates by up to 70 basis points while simultaneously reducing the savings account rate by 100 basis points.
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CDNS Announces Winners of Rs40K Premium Prize Bonds Draw
Islamabad, March 10, 2025 – The Central Directorate of National Savings (CDNS) has officially announced the winners of the Rs 40,000 premium prize bonds draw, bringing excitement and substantial rewards to investors. The much-anticipated draw was conducted in Quetta, where lucky participants secured significant prize amounts.
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CDNS Slashes Profit Rates on Saving Schemes
The Central Directorate of National Savings (CDNS) has announced a reduction in profit rates on various saving schemes, following the State Bank of Pakistan’s (SBP) decision to lower the key policy rate.
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Pakistan Slashes Profit Rates on Savings Schemes from Feb 21
Karachi, February 21, 2024 – In a move signaling the third consecutive downward revision in the last two months, Pakistan has announced a reduction in profit rates on various savings schemes.
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Pakistan Witnesses 10.59% Drop in Saving Certificates Investment
Karachi, February 14, 2024 – In a significant economic development, Pakistan has experienced a notable 10.59 percent decline in investments in saving certificates issued by the Central Directorate of National Savings (CDNS).
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Pakistan’s Saving Schemes Observe 8.37% Investment Decline
Karachi, January 9, 2024 – Pakistan is grappling with a substantial decline in investment in saving schemes, as official data released on Tuesday by the State Bank of Pakistan (SBP) indicates a notable downturn for the period ending November 2023.
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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.
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Pakistan increases profit rates for saving accounts
Pakistan has increased profit rates for saving accounts to 13.50 per cent per annum from 12.25 per cent.
The Central Directorate of National Savings (CDNS), the authority to manage the saving schemes in Pakistan, has announced the increase in profit rates on various schemes.
READ MORE: Pakistan hikes key policy rate by 125 basis points to 15%
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
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.
READ MORE: Pakistan may see further 100bps hike in policy rate
The increase in profit rates of saving schemes have been announced after the key policy rate was hiked to 15 per cent.
On July 7, 2022, the State Bank of Pakistan (SBP) announced to increase the policy rate by 125 basis points to 15 per cent.
This combined action continues the monetary tightening underway since last September, which is aimed at ensuring a soft landing of the economy amid an exceptionally challenging and uncertain global environment. It should help cool economic activity, prevent a de-anchoring of inflation expectations and provide support to the Rupee in the wake of multi-year high inflation and record imports.
However, several adverse developments have overshadowed this positive news. Globally, inflation is at multi-decade highs in most countries and central banks are responding aggressively, leading to depreciation pressure on most emerging market currencies.
READ MORE: SBP increases interest rate by 150bps to 13.75%
“This strong monetary tightening has occurred despite concerns about a slowdown in global growth and even recession risks, highlighting the primacy that central banks are placing on containing inflation at this juncture,” the SBP said.
Domestically, as energy subsidies were reversed, both headline and core inflation increased significantly in June, rising to a 14-year high. Inflation expectations of consumers and businesses also rose markedly.
At the same time, the current account deficit unexpectedly spiked in May and the trade deficit continued its post-March widening trend to reach a 7-month high in June, on burgeoning energy imports. As a result, FX reserves and the Rupee remained under pressure, further worsening the inflation outlook, the central bank added.
READ MORE: Policy rate may rise as T-Bill yields increase sharply
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Profit rate on saving schemes reduced up to 300 basis points
ISLAMABAD: The government on Friday reduced profit rate up to 300 basis points on saving schemes following major cut in policy rate by State Bank of Pakistan (SBP).
The revised rate of profit on various saving scheme will be applicable on April 24, 2020.
The SBP has reduced the policy rate to 9 percent after revising downward the rate by 4.25 in three announcements in one month period.
Profit rate on Defence Certificate cut by 1.86 percent to 8.54 percent.
Profit rates on Behbood and Pension certificates cut by 1.92 percent to 10.32 percent.
Profit rate on Savings account cut by 1.60 percent to 7 percent.
Profit rate on Special Savings cut by 3 percent to 8 percent.
And, profit rate on Regular Income certificate cut by 2.28 percent to 8.28 percent.