Govt Increases Profit Rates on Most National Savings Schemes

The government has once again revised profit rates for National Savings Schemes (NSS) across various investment categories, effective March 20, 2025. The latest update shows the highest increase in the Sarwa Islamic Term Account (SITA), which rose by 70 basis points (bps) to 10.44 percent from 9.74 percent. Similarly, the Short-Term Savings Certificates (STSC) rate increased by 15 bps to 10.96 percent, while Bahbood Savings Certificates (BSC), Pensioner Benefit Account (PBA), and Shuhada Family Welfare Account (SFWA) each saw a 10 bps rise, reaching 13.68 percent. The Defence Savings Certificates (DSC) recorded a slight uptick of 1 bps, now standing at 12.15 percent. In contrast, the Savings Account (SA) experienced a notable decline, dropping by 100 bps to 10.50 percent from 11.50 percent.