ISLAMABAD (Daily Pakistan Online): The government has increased the rate of return on national savings schemes.
A notification has also been issued to increase the rate of return on savings schemes. According to the notification, the rate of return on pensioners account has been increased from 11.04% to 12.96%. The rate of return on Welfare Savings Account has been increased from 11.04% to 12.96%, and the profit on Regular Income Account has been increased from 8.76% to 10.80%. The rate of return on savings accounts has been increased from 5.50% to 7.25% and the rate of return on special savings accounts has been increased from 8.20% to 10.60%. The rate of return on Defense Savings Certificates has been increased from 9.37% to 10.98%.
It should be noted that the rate of return will be applicable from December 10.
