Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: National Savings Schemes Rates Cut: Sarwa Islamic Term Account Down by 1.22%
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan National Savings rates July 28, 2025
PhotoNews Pakistan > Business > National Savings Schemes Rates Cut: Sarwa Islamic Term Account Down by 1.22%
Business

National Savings Schemes Rates Cut: Sarwa Islamic Term Account Down by 1.22%

Web Desk
By Web Desk Published September 14, 2024 1 Min Read
Share
Govt slashes returns on national savings schemes. Photo Credits: The Current
SHARE

The government has declared a decrease in the returns of various National Savings Schemes, suggesting potential changes in the forthcoming monetary policy.

The profit rate on the Sarwa Islamic Term Account has decreased by 1.22% to 16.36%. Following a 1% cut, the Sarwa Islamic Savings Account yields an 18% return.

Rates of profit on National Savings Schemes have been revised

Regular Income Certificate (RIC): 14.52%, -12bps
Special Saving Certificates (SSC): 15.50%, -30bps
Special Saving Accounts (SSA): 15.50%, -30bps
Short Term Savings Certificates (STSC): 17.22%, -68bps
Sarwa Islamic… pic.twitter.com/FGH2RYxMbD

— Arif Habib Limited (@ArifHabibLtd) September 13, 2024

Additionally, short-term savings certificates have seen a reduction of 0.68%, bringing the rate to 17.2%. Special Savings Certificates and Special Savings Accounts have also experienced a modest decline of 0.3%, with the rate adjusting to 15.5%.

Moreover, the Regular Income Certificate’s return has decreased by 12 basis points, currently at 14.52%.

TAGGED:FeaturedPak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Dua Lipa Callum Turner Engagement

Dua Lipa’s Viral Instagram Post Captures Her Authentic Charm

Pakistan Stock Exchange 2025

PSX Closes Higher Despite Mixed Session as SBP Holds Policy Rate Steady

Kamchatka earthquake impact on Moscow

Why Russia’s Sixth Strongest Earthquake Didn’t Impact Moscow

Post Archives

More Popular from Photonews

Quaid-i-Azam University Hostel Raid
Pakistan

Islamabad Police Arrest Students at Quaid-i-Azam University Hostel Raid

2 Min Read
Imran Khan sons protest
Pakistan

Imran Khan Stops Sons from Joining Pakistan Protests in August 2025

3 Min Read
Beckham family feud
Entertainment

Cruz Beckham Targets Brooklyn and Nicola Peltz in Instagram Feud Posts

3 Min Read
Gilgit - Baltistan

Gilgit-Baltistan CM Seeks Rs7 Billion for Climate Disaster Relief

The Chief Minister of Gilgit-Baltistan, Haji Gulbar Khan, urgently requested Rs 7 billion from the federal…

July 27, 2025
Entertainment

Sydney Sweeney’s American Eagle Ad Sparks Controversy Over “Good Genes” Line

Sydney Sweeney is facing backlash over her new denim campaign with American Eagle, which was launched…

July 29, 2025
Sports

Australia Secures 5-0 T20 Series Sweep Against West Indies

On July 29, 2025, Australia secured a 5-0 victory in the T20 series against the West…

July 29, 2025
Pakistan

Pakistan International Airlines Launches Cadet Pilot Program to Boost Fleet

On July 29, 2025, Pakistan International Airlines (PIA) announced a Cadet Pilot Program to recruit 24…

July 29, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?