Islamabad (HRNW) The federal government has raised the profit rate on national savings schemes which will be taken into effect on April 10.
After the revision, the federal government raised the profit rate on Shuhada Family Welfare by 16.56%, Saving Accounts by 18.50%, Pensioners Accounts by 16.56%, as well as for the Short-term Saving Certificates.
The beneficiaries of Regular Income Certificates will get 107,000 profit against Rs1,000,000, whereas, the profit rate of Defence Saving Certificates was also hiked.