Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Govt cuts profit rates on saving certificates

Rs100,000 investment in Defence Savings to mature at Rs300,000 after 10 years

Govt cuts profit rates on saving certificates

The Indian government has lowered the profit rates on significant savings programs, Defence Savings Certificates and Behbood Savings Certificates, effective September 2026. Defence Savings Certificates now mature in 10 years, with an investment of Rs100,000 growing to Rs300,000 by the end of the term. Monthly earnings increase gradually, reaching Rs2,600 per month after 10 years.

Behbood Savings Certificates offer a monthly profit of Rs1,050, or an annual rate of 12.60%, aimed at aiding widows and senior citizens. These revised rates will be in effect starting September 2026.

Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at tribune.com.pk →

More in Finance & Markets

More from Saturday 19 September →