Federal Government Revises Profit Rates on National Savings Schemes

Islamabad: The federal government has revised the profit rates on various National Savings Schemes, with the Central Directorate of National Savings issuing an official notification.

According to the updated figures, the profit rate on **Short-Term Savings Certificates** has been increased from **10.6% to 10.42%**. Similarly, the **Sarwa Islamic Saving Account** and **Sarwa Islamic Term Account** have seen annual profit rates raised from **9.50% to 9.92%**.

On the other hand, the profit rate on **Defence Savings Certificates** has been reduced by **12 basis points**, lowering it from **11.54% to 11.42%**.

The new rates have come into effect immediately following the issuance of the notification.