The Central Directorate of National Savings has adjusted the rates of return on several National Savings Schemes, with some seeing an increase of up to 24 basis points. This adjustment follows three consecutive decreases in rates over the past few months.
The Behbood Certificates now offer a higher rate of return, up by 24 basis points to 15.60%. Similarly, the Special Savings Certificates have seen a surge of 20 basis points, with the interest rate now at 15.80%.
However, investors in Special Term Savings Certificates will experience a slight decrease in benefits, with a drop of 76 basis points, bringing the interest rate down to 19%.
National Savings Schemes Rates 2024
| Scheme | Current Rate | Previous Rate | Change (bps) |
|---|---|---|---|
| Special Saving Certificate | 15.80% | 15.60% | +20 |
| Short Term Savings Certificates | 19.00% | 19.76% | -76 |
| Defence Savings Certificate | 14.40% | 14.40% | 0 |
| Regular Income Certificate | 14.76% | 14.64% | +12 |
| Saving Account Rate | 20.50% | 20.50% | 0 |
| Pensioners Benefit Account | 15.60% | 15.36% | +24 |
| Behbood Saving Certificate | 15.60% | 15.36% | +24 |
| Shuhda Family Welfare Account | 15.60% | 15.36% | +24 |
| Sarwa Islamic Term Account | 18.54% | 18.54% | 0 |
| Sarwa Islamic Saving Account | 20.50% | 20.50% | 0 |
