The Central Directorate of National Savings (CDNS) realised Rs172 billion as savings during the first five months of this fiscal year against the target of Rs118bn.
The amount was Rs81bn more than the collection during the year-ago period, a senior CDNS official told APP yesterday.
He said the assets of CDNS have also crossed Rs2.6 trillion, 26 per cent of the total national savings.
The directorate had lowered profit rates on its national saving certificates in line with the decisions of National Investment Trust (NIT), he added.
He said the profit rate for saving accounts (SA) has been reduced to 6.25pc a year. Similarly, new rates for special saving certificates (SSC) would be 9.87pc, regular income certificates (RIC) 10.15pc, behbood certificates/pensioners accounts (BSC) 12.72pc and defence saving certificates (for 10 years) 11.08pc a year.
