ISLAMABAD – In a continuing effort to support long-term savers and promote financial inclusion, the Defence Savings Certificates (DSCs) scheme of the Central Directorate of National Savings remains a popular and secure investment choice.
Originally launched in 1966, the scheme is specifically designed to help citizens—both in Pakistan and abroad—make the most of their savings over time.
The Defence Savings Certificates are available in a wide range of denominations to suit various financial capacities, including Rs. 500, Rs. 1,000, Rs. 5,000, Rs. 10,000, Rs. 50,000, Rs. 100,000, Rs. 500,000, and Rs. 1,000,000.
This flexibility allows investors to start small or invest larger amounts based on their goals and resources.
The scheme is open to adult Pakistani nationals, overseas Pakistanis, those holding valid NICOP or POC and minors, either independently with a guardian or in joint investments with adults or other minors.
Joint investments can be made by two adults or by an adult and a minor. Payments from the certificates can be received jointly or by any one of the named holders.
Defence Savings Certificates can be purchased through any National Savings Centre (NSC), authorized branches of scheduled banks and the State Bank of Pakistan (SBP).
Defence Savings New Profit Rates
The Qaumi Bachat Bank has fixed the profit rate at 11.19 percent. Following are the profits that a person can earn on investment Rs100,000 until 10 years maturity:
First Year Rs109,000
Second Year Rs119,000
Third Year Rs130,000
Fourth Year Rs143,000
Fifth Year Rs158,000
Sixth Year Rs177,000
Seventh Year Rs200,000
Eighth Year Rs228,000
Ninth Year Rs263,000
Tenth Year Rs308,000
Taxation on Profit
The taxes and Zakat are deducted on the profits in line with the policy of the State Bank of Pakistan. The withholding tax for filers has been fixed at 15 percent while it is 35 percent for non-fielders.
