The Central Directorate of National Savings has recently adjusted the rates of return on various National Savings Schemes, marking an upward trend of up to 24 basis points.

Adjustments in National Savings Schemes Rates

In response to three consecutive downward revisions over the past few months, revisions have been made to enhance the rates of return across several schemes.

Behbood Certificates Experience a Notable Uptick

Behbood Certificates observe a significant surge of 24 basis points, elevating the new rate to 15.60%. This adjustment aims to provide investors with more lucrative returns.

Special Savings Certificates Witness Increase

Special Savings Certificates also undergo a positive adjustment, experiencing a surge of 20 basis points. The interest rate now stands at 15.80%, offering investors enhanced returns.

Changes in Special Term Savings Certificates Rates

However, investors in Special Term Savings Certificates may experience a slight decrease in benefits, with a 76 basis point drop. The interest rate now rests at 19%, which still provides competitive returns.

Enhanced Benefits for Pensioners

Pensioners will find relief as the rate of return on Benefits Accounts sees a 24 basis point increase, reaching 15.60%. This adjustment aims to support pensioners by providing them with improved returns.

Alignment of Shuhada Family Welfare Account

Similarly, the rate of profit on Shuhada Family Welfare Account has been realigned with Welfare Certificates, now standing at 15.60%. This change aims to maintain consistency and fairness across different savings schemes.

These revisions aim to attract more investors and provide existing investors with better returns, thereby contributing to the overall growth and stability of the National Savings Schemes.

National Savings Schemes Rates 2024