Govt reduces profit rates on National Savings schemes

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02 July, 2025 20:41

Govt reduces profit rates on National Savings schemes

The Central Directorate of National Savings (CDNS) has reduced profit rates on several National Savings Schemes (NSS), starting from June 27, 2025, according to data shared by Topline Securities.

While the savings account rate remains the same at 9.50%, most other schemes have seen a noticeable drop in returns.

Here are the latest profit rates:

Investment Type	New Rate	Old Rate	Change (bps)
Special Savings Certificate	10.60%	10.90%	-30
Defence Savings Certificate	11.76%	11.91%	-15
Regular Income Certificate	11.16%	11.52%	-36
Saving Account Rate	9.50%	9.50%	0
Pensioners Benefit Account	13.20%	13.44%	-24
Behbood Savings Certificate	13.20%	13.44%	-24
Shuhada Family Welfare Account	13.20%	13.44%	-24
Sarwa Islamic Term Account	9.75%	10.34%	-59
Sarwa Islamic Saving Account	9.75%	10.34%	-59

These new rates may affect many small savers, retirees, and fixed-income investors who rely on these schemes for stable returns.

The biggest drop was seen in Islamic accounts, which fell by 59 basis points. Other popular schemes like RIC, DSC, and SSC also saw cuts between 15 to 36 basis points.

Investors are advised to review their portfolios in light of these changes and explore options based on their financial goals and needs.