The Central Directorate of National Savings (CDNS) has announced the rates of return for certain National Savings schemes applicable for the month of June-2023.
According to a tweet by CDNS Director General Hamid Raza Khalid on Monday, the rates of Savings Account have been increased from 18.5% to 19.5%. Similarly, the yield on Special Savings Certificates has been raised to 17.4% compared to the previous rate of 17.13%.
Furthermore, the return on three-month Short Term Savings Certificates (STSC) has seen an increase to 20.84%, while the yield on six-month STSC has surged to 20.82%. The rates for 1-year STSC have been revised upward to 20.8%.
National Savings Product | Profit Rate |
Defense Saving Certificate | 14.87% |
Bahbood Saving Certificate | 16.56% |
Regular Income Certificate | 12.84% |
Special Saving Certificate | 17.40% |
Saving Account | 19.50% |
Pensioners Benefit Account | 16.56% |
Short Term Saving Certificate | 20.80% |
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