The Central Directorate of National Savings (CDNS) has announced a rise in profit rates for various National Savings Schemes.
The rate for the Short-Term Savings Certificate (STSC) has been increased by 15 basis points, now offering 10.96 per cent, up from the previous 10.81 per cent. Similarly, the return on Defence Savings Certificates (DSC) has been raised by 1 basis point to 12.15 per cent, compared to the earlier rate of 12.14 per cent.
Additionally, the rates for the Pensioner Benefit Account, Behbood Savings Certificate, and Shuhada Family Welfare Account have all been increased by 10 basis points, bringing their returns to 13.68 per cent each.
Meanwhile, the Sarwa Islamic Term Account (SITA) and Sarwa Islamic Savings Account (SISA) saw a more significant rise, with their rates increasing by 70 basis points to 10.44 per cent, compared to the previous 9.74 per cent.
However, the Saving Account Rate has been reduced by 100 basis points, with returns now standing at 10.5 per cent, down from 11.5 per cent.
The CDNS is the largest financial institution in Pakistan, managing a portfolio of over Rs3.4 trillion and serving more than 4 million customers through its 376 branches, overseen by 12 Regional Directorates.
This adjustment in profit rates comes after the State Bank of Pakistan’s (SBP) Monetary Policy Committee decided to keep the policy rate steady at 12 per cent.
In related news, the Pakistan Bureau of Statistics (PBS) reported that inflation, based on the Consumer Price Index (CPI), registered at 1.5 per cent in February 2025 on a year-on-year basis, down from 2.4 per cent in the previous month. This marks the lowest inflation rate in over nine years.
Read next: SBP’s forex reserves recover by $49 million after weekly decline
