KARACHI: Government has cut profit rates on National savings certificates. The new rates would be effective from April 24, 2020.
Profit rate on Defence Certificate cut by 1.86% to 8.54%.
Profit rates on Behbood and Pension certificates cut by 1.92% to 10.32%.
Profit rate on Savings account cut by 1.60% to 7%.
Profit rate on Special Savings cut by 3% to 8%.
And, profit rate on Regular Income certificate cut by 2.28% to 8.28%.