Tag Archives: Profit rates on savings schemes increased

ISLAMABAD: The government has anno­unced adjustments in the profit rates on national savings schemes including its Islamic products and accounts with effect from Oct 30. According to a notification issued by the Ministry of Finance, the profit rate on savings accounts has been incre­ased by 1pc to 20.5pc per annum. Likewise, the profit rate on special savings accounts has been …

ISLAMABAD: Amid higher policy rate of the of the central bank’s and recent surge in cut-off yields of secondary market coupons, the Central Directorate of National Savings (CDNS) on Monday increased profit rates on all national savings schemes. The new rates would be applicable to deposits and saving certificates/investments made with effect from May 10. The State Bank of Pakistan …