The Directorate of National Savings has announced a significant reduction in profit rates across several National Savings Schemes (NSS), with cuts of up to 100 basis points, effective May 21, 2025.
The most substantial decrease affects the Savings Account (SA), where the return has been slashed by 100 basis points, dropping from 10.5 percent to 9.5 percent.
Other notable adjustments include Special Savings Certificates (SSC) and Special Savings Accounts (SSA), both reduced by 30 basis points to 10.90 percent. Regular Income Certificates (RIC) saw a decrease of 18 basis points, bringing the new rate to 11.52 percent. Defence Savings Certificates (DSC) were lowered by 21 basis points to 11.91 percent.
Meanwhile, Bahbood Savings Certificates (BSC), Pensioner Benefit Account (PBA), and Shuhada Family Welfare Account (SFWA) all saw their rates trimmed by 24 basis points, now offering 13.44 percent. The Sarwa Islamic Term Account (SITA) also experienced a minor reduction, with the rate dropping from 10.44 percent to 10.34 percent.
This round of cuts comes on the heels of the State Bank of Pakistan’s recent decision to lower its policy rate by 100 basis points to 11 percent, a move aimed at reducing borrowing costs and stimulating economic activity.
