KARACHI (Kashmir English): The Central Directorate of National Savings (CDNS) has once again reduced the profit rate on Regular Income Certificates (RICs) following the State Bank of Pakistan (SBP)’s revision of the interest rate.
Introduced in 1993 by the government, the Regular Income Certificates act as a fixed-income investment with a five-year maturity period.
These certificates are available in different denominations ranging from Rs50,000 to Rs10,000,000, catering to the financial needs of the general public on a monthly basis.
New profit rates for regular income certificates
The Central Directorate of National Savings, also known as Qaumi Bachat, has set the new profit rate for Regular Income Certificates at 11.52%.
Investors will now get Rs960 per month on every Rs100,000 investment, compared to the previous Rs979 per month.
Investment in Regular Income Certificates remain exempted from Zakat deduction.
The CDNS has also reduced the profit rates on other saving instruments, including Behbood Savings Certificates, Defence Savings Certificates, and Special Savings Certificates.
The Defence Savings Certificates have been designed for long-term investment offering a 10-year maturity period.
These certificates are available to both local and overseas Pakistanis. Investors can purchase these certificates from any National Savings Centre (NSC) by filling out the SC-I application form.
The CDNS has notified a minor increase in the profit rate of Behbood Savings Certificates for May 2025, following its recent review conducted in March 2025.
The revised rates will be applicable throughout May 2025 and until further notice.
According to the latest revision, profit rate for the Behbood Savings Certificates for May 2025 has been set at 13.68%. It means that an investment of Rs 100,000 will give a monthly profit of Rs 1,140.
