LAHORE – The National Savings or ‘Qaumi Bachat Bank’ offers a lucrative investment offer to general public interested in getting monthly profits on their investments.
Keeping in view the monthly requirements of the general public, the Regular Income Certificates (RICs) with a maturity period of five years were launched by the government in February 1993.
The certificates are available in the denominations of Rs. 50,000, Rs. 100,000, Rs. 500,000, Rs. 1,000,000, Rs.5,000,000 and Rs.10,000,000.
Profit is paid on monthly basis to the investors starting from the date of issue of certificates.
Lately, the National Savings announced revised profit rates with effect from January 26, 2024.
Latest Profit Rate for Regular Income Certificates
The National Savings has decreased profit rates for various investment certificates and accounts, including the Regular Income Certificates.
As per the revised policy, the profit rate on Regular Income Certificates has been decreased to 15.0 percent per annum.
The Qaumi Bachat Banks will now offer Rs1,250 per month to the investors from Feb 1.
