Profit on saving schemes raised by up to 60bps

The rates of National Saving Schemes (NSS) have been raised by up to 60 basis points, with effect from March 3, 2021.

The rate of profit on defence certificates has been increased by 27bps to 9.51pc, and on special savings accounts has been raised by 60bps to 8.40pc. However, the rate on Behbood, pension and Shuhada certificates has been kept unchanged at 11.28pc.

Likewise, the rate on regular income certificates and savings accounts remains static at 9pc and 5.5pc, respectively