The Central Directorate of National Savings (CDNS), commonly known as Qaumi Bachat, has reduced the profit rate on Regular Income Certificates (RICs) following the recent adjustment in the interest rate by the State Bank of Pakistan (SBP).

Introduced in 1993, the Regular Income Certificates are a fixed-income investment option with a five-year maturity, available in denominations ranging from Rs. 50,000 to Rs. 10 million. These certificates are designed to provide a steady monthly return to investors.

Revised Profit Rates for RICs:
The updated profit rate for Regular Income Certificates is now set at 11.52%. This means an investor will earn Rs. 960 per month for every Rs. 100,000 invested, down from the previous monthly return of Rs. 979.

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Zakat Exemption and Updates on Other Certificates:
RIC investments continue to be exempt from Zakat deduction. CDNS has also adjusted the profit rates for other savings instruments, including Behbood Savings Certificates, Defence Savings Certificates, and Special Savings Certificates.

Updated Profit Rates for Other Instruments:

• Behbood Savings Certificates: The profit rate for May 2025 has been slightly increased to 13.68%, translating to Rs. 1,140 per month for every Rs. 100,000 invested.

• Defence Savings Certificates (DSC): These long-term 10-year maturity certificates, open to Pakistani nationals and overseas Pakistanis, are available at National Savings Centres (NSCs) by submitting the SC-I form (available free of cost).

The revised rates will remain effective throughout May 2025 until any further notice is issued.