CDNS Revises Rates on National Savings Schemes

Effective July 28, 2025, the Central Directorate of National Savings (CDNS) has adjusted the return rates on several of its National Savings Schemes (NSS), sources confirmed on Tuesday.

Arif Habib Limited (AHL), a brokerage firm, indicated that the Short Term Savings Certificate (STSA) rate experienced a 26 basis point (bps) decrease, settling at 10.14%.

The Regular Income Certificates (RIC) will now yield 10.68%, a reduction of 48bps from the previous rate of 11.16%.

Defence Saving Certificates (DSC) will provide a 11.61% return, reflecting a 15bps decrease from the prior 11.76%.

The return rate for Bahbood Savings Certificates (BSC) has been lowered by 24bps, moving from 13.20% to 12.96%.

The rates for both the Pensioners Benefit Account (PBA) and the Shuhda Family Welfare Account (SFWA) have also been reduced by 24bps each, establishing a new rate of 12.96% for both.

Special Savings Certificate (SSC) and Special Savings Account (SSA) will now generate a return of 10.4% each, following a 20bps reduction for each.

Conversely, the rates for the Serwa Islamic Saving Account (SISA) and the Serwa Islamic Term Account (SITA) saw an increase of 19bps each, reaching 9.94%.

The National Savings Organisation stands as Pakistan’s largest financial entity, overseeing a portfolio exceeding Rs3.4 trillion and serving over 4 million customers via its network of 376 branches and 12 Regional Directorates.

CDNS aids the government in funding budgetary deficits and providing support for essential infrastructure initiatives.