KARACHI – The Central Directorate of National Savings (CDNS) has decreased the profit rates for the Defence Savings Certificates with effect from May 2025 as a decline was recorded in yields following a cut in policy rate by the State Bank of Pakistan.
The directorate has also slashed the profit rates of others certificates such as Behboob Savings Certificates, Regular Income Certificates and Special Savings Certificates.
It has also reduce the profit rates of various savings accounts such as Pensioners Benefit Account, Shuhada Family Welfare Accoun, the Sarwa Islamic Term Account and Sarwa Islamic Saving Account.
Defence Savings Certificates
The Defence Certificates are offered as an option of investment for a period of 10 years to the Pakistani citizens.
All Pakistani nationals as well as overseas Pakistanis are eligible to buy the certificates. An adult can also purchase DSC on behalf of a single minor, two minors jointly or as a joint with a minor.
The certificates can be purchased from any National Savings Centre (NSC) by filling in the SC-I (Application Form) which available free of cost from all the above issuing offices.
A person can invest in this category with minimum Rs500 while there is no maximum limit.
Defence Certificates Latest Profit Rate
The Central Directorate of National Savings (CDNS) has fixed the profit rate for Defence Savings Certificates at11.91% as compared to previous 12.12%. 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
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 30 percent for non-fielders.
