The federal government has reduced profit rates on all major National Savings Schemes by up to 100 basis points, with the revised rates taking effect from June 27, 2025. The Central Directorate of National Savings (CDNS) confirmed the changes, which impact a wide range of conventional and Islamic savings instruments.
The downward revision affects popular schemes such as Bahbood Savings Certificates (BSC), Pensioners’ Benefit Account (PBA), Defence Savings Certificates, Special Savings Certificates (SSC), Savings Accounts, and the Shuhada Family Welfare Accounts (SFWA). Profit rates on Islamic savings products, including the Sarwa Islamic Saving Account (SISA) and Sarwa Islamic Term Account (SITA), have also been revised.
According to the new rates shared by the CDNS, returns on Bahbood Savings Certificates, Pensioners’ Benefit Account, and Shuhada Family Welfare Accounts have been cut from 13.44 percent to 13.20 percent. The profit rate on Savings Accounts has seen a sharper decline, falling from 10.50 percent to 9.50 percent.
The Special Savings Certificates have also been affected, with the return dropping from 10.9 percent to 10.6 percent, while both the Sarwa Islamic Saving Account and Sarwa Islamic Term Account now offer a reduced rate of 9.75 percent, down from 10.34 percent.
The revised rates are expected to impact millions of small investors, retirees, and pensioners who rely on these schemes as secure sources of income. The government has not provided an official explanation for the cut, but analysts believe it is likely tied to broader fiscal adjustments and shifting interest rate trends.
