The government has increased profit rates on several national savings schemes, with revised returns set to take effect from June 10, 2026, according to an official notification issued on Tuesday.
The revised structure includes higher returns on multiple savings instruments, including Special Savings Certificates, Defence Savings Certificates, and pensioner-focused schemes.
Under the new notification, the profit rate on Special Savings Certificates has been revised upward.
For a certificate worth Rs100,000:
- First half-year profit: Rs6,200
- Second half-year profit: Rs6,800
The annual profit rate has been increased from 12.4% to 13.6%.
Tax deduction for filers, non-filers
According to the notification:
- Filers will be charged 15% tax on profits
- Non-filers will be charged 30% tax
The revised structure aims to differentiate returns based on tax compliance status.
The profit rate on Defence Savings Certificates will begin at 10% in the first year.
The return is structured to gradually increase over time, reaching up to 67% by the fifth year, as per the notification.
Revised rates
The government also announced updated profit rates for several other schemes:
- Regular Income Certificate: increased to 12.24% annually
- Behbood Savings, Pensioners & Shuhada Family Certificates: fixed at 13.20%
These schemes primarily benefit pensioners, widows, and families of martyrs.
Short-term certificate rates updated
Interest rates for short-term certificates have also been revised:
- 3-month certificate: 11.4%
- 6-month certificate: 11.66%
- 1-year certificate: 11.77%
The notification confirmed that returns have been adjusted in line with revised financial policy.
The profit rate on standard savings accounts has been maintained at 10%.
However, the notification added that interest rates on all Islamic term accounts and savings accounts have also been increased, though specific revised figures were not detailed.
.jpg)
.jpg)
