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Business - August 2, 2017

National Saving Scheme rates remain unchanged

KARACHI (City News) – The Ministry of Finance has issued the notification where rate of profit on national savings scheme remained unchanged effective August 1, 2017.

According to the notification the rates for the government-backed certificates remained unchanged. Regular Income Certificate to remain unchanged at 6.54 percent, special saving certificate at 6.03 percent, defense saving certificate at 7.54 percent, saving account 3.95 percent, bhebood and pension certificates at 9.36 percent.

The short term having maturity of three, six and one year has been pegged at 5.60 percent, 5.62 percent and 5.64 percent respectively.

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