ISLAMABAD: The rate of return on various national savings schemes has been revised.
According to the Directorate of National Savings, the rate of return on the Welfare Savings Certificate was reduced by 24 basis points after which the rate of return on the Welfare Savings Certificate decreased from 16.3 percent to 16.1 percent.
The rate of return on regularrankcom certificates has been reduced by 96 basis points, after which the rate of return on regularrankcom certificates has come down to 15.1% from 16.1%.
Similarly, the rate of interest on Special Savings Certificates has been reduced by 160 basis points. The rate of return on Special Savings Certificates has come down from 18 percent to 16.4 percent, the rate of return on pensioners’ benefits accounts has been reduced by 24 basis points, after which the rate of return on pensioners’ benefits accounts has come down to 16.1 percent from 16.3 percent. .
The rate of return on short-term savings certificates declined by 100 basis points to 20.8 percent from 21.8 percent.