The National Savings also known as Qaumi Bachat revised Behbood Savings Certificates (BSCs) profit rate downward amid declining inflation and upbeat economic signs.
The decrease came in due to the decrease in inflation and positive indicators.
The profit rate on the investment certificates was decreased by 0.24 percent, with effect from November 4, 2024, meaning that the investors will get less profit starting from the running month.
People can buy the Qaumi Bachat’s Behbood Savings Certificates from any nearby branch of the Qaumi Bachat Bank across Pakistan.
Launched in 2003, Behbood Savings Certificates are a financial scheme tailored to the needs of widows, senior citizens, and disabled persons
Initially designed for widows and the elderly in 2003, the scheme was extended to disabled persons and special minors with disability (through guardians) in 2004.
Offering investment options from Rs. 5,000 to a maximum of 75 lakhs, BSCs provide a secure and profitable way to save. Investors benefit from monthly profit payments directly credited to their linked savings account.