ISLAMABAD – The National Savings or Qaumai Bachat Bank has increased profit rate on Behbood Savings Certificates, which were introduced in 2003 keeping in view the difficulties faced by widows and the elderly as it offers monthly profit at reasonable rate.

The government has increased the profit rates after reducing it for three time in recent months on Behbood Certificates and it currently stands at 15.60% with effect from March 19, 2024.

Effective Period		Monthly Profit on each Rs100,000	Rate (%)
19-March 2024	Till Date	Rs1,300	15.6%

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

The minimum investment limit is Rs5,000 while a single person can make a maximum investment of Rs7.5 million while the limit is Rs15 million for joint investors.