National Savings Scheme (NSS) cuts profit rate

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%.

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