Karachi: Profit rate is likely to be increased by half percent on different national saving schemes.
As per source, National saving centre has prepared a summary of half percent or 50 base points increase in profit rate that will be sent shortly to the Finance Ministry for approval. The increase in profit rate will take effect from July o1.
The current profit rates are 10.8 percent on pensioners and behbud certificate, 76.6 percent on national saving scheme, 8.10 percent on defence saving certificate and 7.63 percent on regular income certificate.