Pakistan, July 26 -- The government has announced cuts in profit rates for several national savings schemes. The Finance Ministry issued an official notification confirming these changes. Special Saving Certificates, Defense Certificates, and other major saving accounts will offer lower returns starting July 28, 2025. These reductions aim to adjust profit rates in line with current economic conditions and government policies.

Specifically, the annual profit rate on Special Saving Certificates dropped from 10.6% to 10.4%. Welfare-related accounts, including pensions and martyr families' funds, saw a decrease from 13.20% to 12.96%. Similarly, Defense Saving Certificates' nine-year rate fell from 162% to 161%, and the ten-year rate reduced ...