National Savings Pakistan Latest Profit Rates Calculator

National Savings Pakistan offers a variety of savings schemes that provide attractive profit rates to investors. Whether you’re saving for short-term or long-term goals, these schemes cater to different financial needs. With the introduction of the profit rates calculator, you can now easily calculate the profit you would earn based on your investment, tax status, and zakat preferences. This guide provides detailed information on each of the available savings schemes and their profit durations.

1. Savings Account (Conventional)

The Savings Account is a simple and accessible option for those looking to save money while earning interest. This scheme offers an annual profit rate of 16%, calculated over one year. It is suitable for individuals who want a flexible and safe way to grow their savings without a fixed-term commitment. Tax rates apply, with 15% for filers and 35% for non-filers. Zakat deduction is optional at 2.5% of the profit.

2. Special Savings Certificate/Account (First Five 6 Months)

The Special Savings Certificate provides a fixed return on your investment for a period of 6 months. The annual profit rate for this scheme is 11.6%. Ideal for those seeking a medium-term investment with a clear profit projection, the Special Savings Certificate ensures a fixed return after every 6 months. Tax rates are applicable based on your status, and Zakat is deducted at 2.5% if selected.

3. Special Savings Certificate/Account (Last 6 Months)

Similar to the first 6 months, the Special Savings Certificate for the last 6 months offers a slightly higher profit rate of 12.6% annually. This scheme is beneficial for individuals looking for medium-term investments with a guaranteed return. Tax rates for this scheme are also 15% for filers and 35% for non-filers, with Zakat set at 2.5%.

4. Regular Income Certificate (For 5 Years)

For those looking for long-term savings, the Regular Income Certificate offers a consistent profit of 12.12% annually, paid out at regular intervals. This scheme is perfect for individuals who want a stable income over a long period of five years. The Regular Income Certificate ensures that investors receive a predictable income stream without worrying about fluctuating interest rates. 15% Filer and 35% Tax Applied and NO Zakat  applicable on Regular Income Certificate.

5. Bahbood Savings Certificate (For 10 Years)

The Bahbood Savings Certificate is specifically designed for senior citizens, offering an attractive profit rate of 13.92% annually. It is a 10-year term investment and provides regular income, making it an ideal option for pensioners and retirees. The scheme provides a fixed return with a tax exemption, and Zakat is deducted at 2.5% if chosen.

6. Pensioners Benefit Account (For 10 Years)

The Pensioners Benefit Account is designed to cater to the financial needs of pensioners, offering a profit rate of 13.92% annually. This scheme runs for 10 years and provides consistent returns. The account also offers tax exemptions, making it an excellent choice for pensioners seeking to secure their financial future without tax liabilities. Zakat Exempted.

7. Shuhada Family Welfare Account (For 10 Years)

The Shuhada Family Welfare Account offers a profit rate of 13.92% annually for the families of martyrs. This scheme provides long-term savings with fixed annual returns. It is designed to support the families of martyrs, ensuring financial security for them over a 10-year period. The account offers tax exemptions, and Zakat Exempted.

8. Short Term Savings Certificate (3 Months)

The Short Term Savings Certificate offers a profit rate of 14.32% annually, calculated for a period of 3 months. This scheme is perfect for those looking for short-term investments with higher returns. It provides flexibility and quick access to funds, making it a great option for people who need liquidity but also want to earn interest. Tax 15% filer Nonflier 35% But Zakat not Applied.

9. Short Term Savings Certificate (6 Months)

The Short Term Savings Certificate (6 Months) offers a return of 13.46% annually. This scheme is suitable for individuals who prefer investments that provide moderate returns over a six-month period. It is ideal for those who need their funds in the medium term and want to make the most out of their savings during that period. Tax and Zakat deductions apply.

10. Short Term Savings Certificate (1 Year)

With an annual profit rate of 12.96%, the Short Term Savings Certificate (1 Year) offers a fixed return for one year. This scheme is ideal for those who are looking for stable returns over a one-year period. It offers the flexibility of a short-term investment with a guaranteed return, making it a reliable option for individuals looking to grow their savings within a year. Tax and Zakat are applicable.

11. Serwa Islamic Term Account (1 Year)

The Serwa Islamic Term Account provides an annual profit rate of 11.16% for a one-year term. This scheme is designed for individuals looking to make Sharia-compliant investments. It is perfect for those who prefer Islamic financial products and want to earn profits while adhering to Islamic principles. The account offers a stable return with an added layer of security through Sharia compliance. Tax and Zakat deductions apply.

12. Serwa Islamic Term Account (3 Years)

For a longer-term investment, the Serwa Islamic Term Account offers a profit rate of 11.4% annually over a 3-year period. This scheme is ideal for individuals looking for an Islamic investment option with higher returns and a more extended investment period. It provides a balanced approach for those who want both security and growth over the medium term. Tax and Zakat are applicable.

13. Serwa Islamic Term Account (5 Years)

The Serwa Islamic Term Account (5 Years) provides a return of 11.88% annually. This scheme is perfect for those looking for a secure, long-term Sharia-compliant investment. It offers higher returns than many conventional schemes and is ideal for those who want to earn steady, predictable profits over the next five years. Tax and Zakat are deducted.

14. SISA (Serwa Islamic Saving Account)

The SISA (Serwa Islamic Saving Account) offers a profit rate of 11.16% annually. This scheme is designed for those looking for a flexible and Sharia-compliant savings account. SISA allows individuals to grow their savings in a halal manner while enjoying a fixed profit rate. It is ideal for short-term and long-term savings alike, providing a reliable option for Islamic investors. Tax and Zakat deductions apply.

Conclusion

National Savings Pakistan offers a diverse range of schemes to cater to the different financial needs of the public. From short-term investments to long-term savings for pensioners and martyrs’ families, these schemes are designed to provide both security and attractive returns. The profit rates are competitive, and the flexibility in terms of investment duration makes these options ideal for investors looking for low-risk, stable growth in their savings. The tax rates and Zakat deductions can be calculated based on your status, making these savings schemes suitable for both filers and non-filers.

Note: If you Want to pay Zakat yourself, you need to submit the CZ-50 form. This form is used to Exempt Zakat ,Form must be filled out and submitted on a stamp paper.