Profit rates on NSSs reduced

Wednesday July 01, 2009

ISLAMABAD: The profit rates on National Saving Certificates (NSSs) have been revised downwards from July 1, 2009. According to the Central Directorate of National Saving, the profit rate on Special Saving Certificate would now be 11.62 percent and the profit rate on Revenue Income Certificate would be 12 percent.

The profit rate on Pension and Behbood Certificate has been brought down from 16.10 to 14.16 percent. The profit rate on Saving Certificate has been reduced from 9 percent to 8.5 percent. However, the profit rates on Defence Saving Certificate have been kept unchanged.