The government has lowered profit rates on most National Savings Schemes, with the changes taking effect from June 27, 2025, according to data from National Savings and Topline Securities, as reported by The News.

The Standard Savings Account Rate remains unchanged at 9.5%.

A majority (56%) of investors in a Topline Securities survey expected the interest rate to remain at 11%.

However, rates may gradually fall to around 10% by December 2025, according to Bloomberg.

Key profit rate cuts

• Islamic Savings Products:

  1. Sarwa Islamic Term & Saving Accounts → cut by 59 basis points (from 10.34% to 9.75%).

• Regular Income Certificates → reduced by 36bps to 11.16%.

• Special Savings Certificates → down by 30bps (from 10.90% to 10.60%).

• Defence Saving Certificates → cut by 15bps (from 11.91% to 11.76%).

• Senior Citizen & Welfare Accounts:

  1. Pensioners Benefit, Behbood Savings, Shuhada Family Welfare → each reduced by 24bps to 13.2%.

National Savings

• Central Directorate of National Savings (CDNS) is Pakistan’s largest financial institution.

• Manages over Rs3.4 trillion in assets.

• Serves 4+ million customers through 376 branches nationwide.