Latest Update on Defence, Behbood Savings, Regular Income Rates slashed for January 2026

Karachi, January 23, 2026: The Central Directorate of National Savings (CDNS) has announced a major cut in profit rates on several popular savings schemes, reducing returns for millions of investors across Pakistan.

The new rates came into effect from January 23, 2026, and apply to key products including Defence Savings Certificates, Behbood Savings, Pensioners Accounts, and Regular Income Certificates.

This move has directly impacted pensioners, retirees, and small investors who depend on National Savings for stable monthly income.

Defence Savings Certificate Rate Reduced

The Defence Savings Certificates (DSC) rate has been reduced by 64 basis points. The new profit rate now stands at 10.44% per annum.

DSC is considered one of the most trusted long-term investment options in Pakistan, especially for people planning future financial security.

Behbood and Pension Schemes Also Hit

The following schemes have also seen a reduction of 48 basis points:

• Behbood Savings Certificates (BSC)

• Pensioners Benefit Accounts (PBA)

• Shuhada Family Welfare Accounts (SFWA)

All three will now offer 12% annual profit.

These schemes are mainly designed for senior citizens, widows, and families of martyrs, making the rate cut more concerning for fixed-income households.

Regular Income and Special Savings Rates

The Regular Income Certificates (RIC) rate has been cut by 60 basis points and now stands at 9.96% per year.

Meanwhile, Special Savings Certificates (SSC) faced the biggest reduction of 80 basis points, bringing the new rate down to 9.40% annually.

However, Special Savings Accounts (SSA) remain unchanged and continue to offer 10.20% profit, providing some relief to depositors.

Islamic Savings Account New Rates

Islamic investors were also affected by the changes:

• Sarwa Islamic Term Account (SITA): 9.96%

• Sarwa Islamic Savings Account (SISA): 9.92%

These rates apply to Shariah-compliant savings products offered by National Savings.

What This Means for Investors

This rate cut shows a clear shift in Pakistan’s savings environment. With inflation still high and returns falling, many investors may now look toward:

• Bank term deposits

• Mutual funds

• Real estate investments

Financial experts advise investors to review their portfolios and diversify their savings to manage risk.