{"id":87873,"date":"2022-08-10T15:03:38","date_gmt":"2022-08-10T10:03:38","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87873"},"modified":"2022-08-10T15:03:43","modified_gmt":"2022-08-10T10:03:43","slug":"govt-profit-rate-savings-schemes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-profit-rate-savings-schemes.html","title":{"rendered":"Govt raises profit rate on savings schemes"},"content":{"rendered":"\n<p>Islamabad: The Central Directorate of National Savings (CDNS) on Saturday (August 6) decided to raise the profit rate for various savings certificates and income schemes, news sources reported. The government would provide a 12.60% profit rate for regular income savings certificates per the revised rates.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/national-savings-rise-735-bn.html\" data-type=\"post\" data-id=\"84560\" target=\"_blank\" rel=\"noreferrer noopener\">National Savings deposits rise to historic PKR 735 bn<\/a><\/p>\n\n\n\n<p>Similarly, as per the new directives, the following profit rates will apply to the saving certificates:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Profit rates for saving account schemes have been increased to 13.50% per annum from 12.25%<\/li><li>The profit rate for regular income certificates has increased by 24 basis points to 12.60% from 12.36%<\/li><\/ul>\n\n\n\n<p>However, the profit rates for other schemes have remained unchanged.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Profit rates for the Defence Savings Certificate are at 12.40%<\/li><li>Behbood Savings Certificate at 14.16%<\/li><li>Special Savings Certificates at 13%<\/li><li>Pensioner Benefit Account at 14.16%<\/li><\/ul>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/govt-prize-bonds-encashment-june-2022.html\" data-type=\"post\" data-id=\"85060\" target=\"_blank\" rel=\"noreferrer noopener\">Govt extends prize bonds\u2019 encashment date till June 2022<\/a><\/p>\n\n\n\n<p>It is worth noting that the profit surged after the government raised the general policy rate to 15%, the highest in decades, citing inflation and deteriorating economic conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Central Directorate of National Savings (CDNS) on Saturday (August 6) decided to raise the profit rate for various savings certificates and income schemes, news sources reported. The government would provide a 12.60% profit rate for regular income savings certificates per the revised rates. Read: National Savings deposits rise to historic PKR 735 bn Similarly, as per the new directives, the following profit rates will apply to the saving certificates: Profit rates for saving account schemes have been increased to 13.50% per annum from 12.25% The profit rate for regular income certificates has increased by 24 basis points to 12.60% from 12.36% However, the profit rates for other schemes have remained unchanged. Profit rates for the Defence Savings Certificate are at 12.40% Behbood Savings Certificate at 14.16% Special Savings Certificates at 13% Pensioner Benefit Account at 14.16% Read: Govt extends prize bonds\u2019 encashment date till June 2022 It is worth noting that the profit surged after the government raised the general policy rate to 15%, the highest in decades, citing inflation and deteriorating economic conditions.<\/p>\n","protected":false},"author":84,"featured_media":75124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[53505,53507,53506],"persona":[],"class_list":{"0":"post-87873","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-govt-raises-profit-rate-on-savings-schemes","9":"tag-savings-rate","10":"tag-savings-schemes","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt raises profit rate on savings schemes - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Central Directorate of National Savings (CDNS) on Saturday (August 6) decided to raise the profit rate for various savings certificates and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-profit-rate-savings-schemes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt raises profit rate on savings schemes - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Central Directorate of National Savings (CDNS) on Saturday (August 6) decided to raise the profit rate for various savings certificates and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-profit-rate-savings-schemes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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