National Savings has released the updated profit rates under the National Savings Schemes (NSS) on July 2.
The profit rates were revised upwards for eight different schemes under the NSS.
Here is an overview of all the update profit rates and their increases respectively.
Sr. No. | Scheme | Previous Rate | Updated Rate | Increase |
1 | Behbood Savings Certificates | 10.08% | 10.20% | 0.12% |
2 | Pensioner Benefit Accounts | 10.08% | 10.20 | 0.12% |
3 | Shuhad Family Welfare Account | 10.08% | 10.20% | 0.12% |
4 | Defense Savings Certificates | 8.10% | 8.30% | 0.20% |
5 | Special Savings Certificates (Registered)/Accounts | 6.80% (Average) | 7.10% (Average) | 0.30% |
6 | Regular Income Certificates | 7.632% | 08.04% | 0.408% |
7 | Savings Account | 4.50% | 5.00% | 0.50% |
8A | Short-Term Savings Certificates 3-Month | 5.92% | 6.40% | 0.48% |
8B | Short-Term Savings Certificates 6-Month | 6.04% | 6.46% | 0.42% |
8C | Short-Term Savings Certificates 1-year | 6.25% | 6.56% | 0.31% |