Qaumi Bachat Slashes Profit Rate on Regular Income Certificates – July 2025 Update

The Central Directorate of National Savings (CDNS), widely known as Qaumi Bachat Bank, has revised its profit rates for Regular Income Certificates (RICs), following the approval of the 2025-26 fiscal budget.

What Are Regular Income Certificates?

Launched in 1993, Regular Income Certificates were designed to provide citizens with a fixed monthly income. These certificates come with a five-year maturity and are available in denominations of Rs50,000, Rs100,000, Rs500,000, Rs1,000,000, Rs5,000,000, and Rs10,000,000.

Profit is disbursed monthly, starting from the issue date of the certificate, making them a popular choice among retirees and low-risk investors.

Updated Profit Rate from July 2025

The profit rate on Regular Income Certificates has been reduced to 11.16% from the previous 11.52%, effective July 2025.
As a result, investors will now receive Rs930 per month on every Rs100,000 investment, down from the earlier Rs960.

Tax and Zakat Implications

“Investment in Regular Income Certificates is exempt from Zakat Deduction.”
However, withholding tax applies on profit:

• 15% tax for filers listed on the Active Taxpayers List (ATL)
• 35% tax for non-filers

Comparison with Other Saving Schemes

National Savings has also revised rates for other schemes:

• 13.20% profit on Pensioners Benefit Account, Behbood Saving Certificates, and Shuhda Family Welfare Account
• 11.76% on Defence Savings Certificates

These updated rates aim to offer secure returns for pensioners, widows, and families of martyrs while maintaining options for general investors.