Government Increases Profit Rates on National Savings and Sarwa Islamic Schemes
Islamabad (Special Correspondent) – The federal government has increased profit rates on several National Savings Schemes and Sarwa Islamic Schemes, while keeping returns unchanged on a number of other savings instruments, including Defence Savings Certificates and Bahbood Savings Certificates.
According to an official notification issued by the government, the revised policy came into effect on May 26, 2026. Under the new rates, profits on selected savings schemes have been increased, whereas several others remain unchanged.
The notification stated that the Special Savings Certificate Account will offer an annual profit rate of 11.6 percent for the first five profit payments, while the final profit payment will be made at an annual rate of 12.4 percent.
Similarly, profit rates on Short-Term Savings Certificates have also been increased. Investors will now receive annual returns of 10.84 percent for three-month certificates, 10.58 percent for six-month certificates, and 11.23 percent for one-year certificates.
The annual profit rate for Savings Accounts has been fixed at 10 percent. However, no changes have been made to the rates for Defence Savings Certificates, Bahbood Savings Certificates, Pensioners Benefit Accounts, and Shuhada Family Welfare Accounts.
The government confirmed that Bahbood, Pensioners, and Shuhada Family Welfare schemes will continue to offer a 12 percent annual profit rate.
According to the notification, profit rates for Sarwa Islamic Term Accounts (SITA) and Sarwa Islamic Savings Accounts (SISA) have also been revised upward. The expected annual profit for one-year Islamic Term Accounts has been set at 10.93 percent, while five-year accounts will offer an expected return of 11.16 percent annually.
The notification further clarified that withholding tax and Zakat deductions will apply to all schemes in accordance with existing rules and regulations.
