National Saving Schemes profit rates enhanced from July 1st
The revised rate sheets under the decision showed that the Defence Savings Certificates went up 54 basis points to 13.01 percent from 12.47 percent since January 2019.
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profit rates
Govt raises profit rates on investment in National Savings Schemes
ISLAMABAD: The government has raised profit rates on investment in different National Savings Schemes (NSS), ARY News reported.
According to a press release issued by the Directorate of National Savings, profit rates of NSS have been revised upward with effect from January 1, 2019.
Return on Behbood Savings Certificates, Pensioner Benefit Accounts and Shuhada Family Welfare Account has been increased from 11.88 per cent to 14.28 per cent, with 2.4 per cent spike in net profit on each of the schemes.
Meanwhile,…