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

Trump Tariff Exemptions

Trump Signs Executive Order for Tariff Exemptions with Trade Partners

South Africa Cricket Pakistan 2025

PCB Announces South Africa Cricket Series Schedule for 2025

Prince Hisahito Succession

Japan Celebrates Prince Hisahito’s Coming of Age Amid Succession Debate

Post Archives

More Popular from Photonews

Cardi B Lawsuit
Entertainment

Cardi B Wins $24M Lawsuit Against Former Security Guard

2 Min Read
Superman box office 2025
Entertainment

James Gunn Announces Superman: Man of Tomorrow for 2027 Release

2 Min Read
Trump Department of War
Top NewsWorld

Trump to Rename Department of Defense to Department of War

2 Min Read
Pakistan

Aleema Khan Pelted with Eggs Outside Adiala Jail, PTI Condemns Attack

Aleema Khan, the sister of PTI founder Imran Khan, was attacked with eggs outside Adiala Jail…

September 5, 2025
Sports

Djokovic Defeats Fritz, Faces Alcaraz in US Open 2025 Semifinal

Serbian star Novak Djokovic defeated American Taylor Fritz in a thrilling US Open match at Arthur…

September 3, 2025
Entertainment

Graham Greene, Beloved Indigenous Actor, Passes Away at 73

The film world is sad after the death of Graham Greene, a respected Canadian actor of…

September 2, 2025
Pakistan

Mustafa Khokhar Petitions Supreme Court for Full Court on 26th Amendment

Mustafa Nawaz Khokhar, vice chairman of Tehreek Tahaffuz-e-Ain, has gone to Pakistan’s Supreme Court.. He asks…

September 4, 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?