The State Bank of Pakistan (SBP) has revised its minimum profit rate policy for bank deposits, restricting the requirement to individual account holders with monthly average balances of up to Rs10 million, as part of efforts to encourage institutional and larger investors to move toward direct investment in government securities.

In a statement, the central bank said the revised rule will apply only to natural persons maintaining monthly average balances of up to Rs10 million. Institutional investors and individuals holding larger deposits will no longer fall under the minimum profit rate requirement.

The change comes after the launch of InvestPak, the SBP’s digital investment platform that enables both retail and institutional investors to invest directly in government securities.

According to the central bank, the platform provides a convenient, efficient, and secure channel for investors to earn returns on government-backed instruments.

The SBP said institutional and sophisticated investors can now use InvestPak to directly access government securities and potentially secure higher returns compared to traditional deposit products.

The central bank added that the revised deposit profit policy, together with the introduction of InvestPak, is aimed at broadening the investor base for government securities while offering investors greater flexibility and more investment options.

The revised minimum profit rate rule will come into effect from August 1, 2026, while all other instructions related to deposit profit rates will remain unchanged.