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Government increase profit percentage on National Saving Schemes

 ISLAMABAD: The profit percentage on different National Saving Schemes have been increased. The enhanced profit percentages will be implemented from April, 10th.

According to a notification issued by the government, 16.56% profit percentage has been decided for Martyrs Family Welfare, whereas 18.50% profit will be awarded on saving accounts.

The profit on pensioners’ accounts was raised to 16.56%, the profit ratio was also enhanced for short term saving certificates.

The notification further stated, Rs107000 will be awarded on Rs.10m in regular saving certificates. Moreover, the percentage has also been increased for defence saving certificates.