Profit rates on National Savings schemes increased from Oct 21

ISLAMABAD: The government has increased profit rates on several national savings schemes, including those for pensioners, senior citizens and families of martyrs, with the revised rates taking effect from October 21. According to the revised schedule issued by the Central Directorate of National Savings (CDNS), the profit rate on Behbood Savings Certificates, Pensioners’ Benefit Accounts and Shuhada’s Family Welfare Accounts has been raised to 12.96 per cent from 12.72pc. The increase will raise the monthly profit on an investment of Rs100,000 under these schemes to Rs1,080 from Rs1,060.…