ISLAMABAD – The National Savings or Qaumai Bachat Bank has so far announced no change in profit rate on Behbood Savings Certificates in September 2024.

The government launched the Behbood Savings Certificates in 2003 keeping in view the difficulties faced by widows and the elderly as it offers monthly profit at reasonable rate.

It is considered one of the most attractive investment category for this group of people in Pakistan as it offers reasonable profit rates.

On May 14, the government revised the profit rates on Behbood Certificates, fixing it at 15.36% or Rs1,280 per month.

Effective Period		Monthly Profit on each Rs100,000	Rate (%)
14-May 2024	Till Date	Rs1,280	15.36%

In 2004, the scheme was extended to disabled persons and special minors with disability through their guardians.

The Behbood Savings Certificates are available in the denominations of Rs5, 000, Rs10,000, Rs50,000, Rs 100,000, Rs500,000 and Rs1,000,000.

Profit is paid on monthly basis started from the date of purchase of the certificates.

Who Can Purchase Certificates?

BSCs can be purchased by any of the following Citizens of Pakistan, namely:

(a)A senior citizen aged sixty years or above

(b)A single widow as long as she does not re-marry

(c)Two eligible persons as in clause (a) and (b) in their joint names

(d) Disables holding NIC with Disability logo, and special minor through a Guardian.

Investment Limit

A single person can make a maximum investment of Rs7.5 million while the limit is Rs15 million for joint investors.

Behbood Savings Certificates Profit Rate in Sept 2024

As of September 2024, the government has announced no change in the profit rates on Behbood Savings Certificates as it stands unchanged at 15.36% or Rs1,280 on each Rs100,000 investment.

Withholding tax is not collected on the profit earned on BSCs. Investments made in the BSC are also exempted from Zakat collection.