The Central Directorate of National Savings (CDNS), Savings certificate rate on the Defence Saving Certificates reduced, from 11.91 per cent to 11.76 per cent.
The profit rate on Special Saving Certificates has been considerably decreased from 10.90 per cent to 10.60 per cent from last week of June, 2025. Shuhada Family Welfare Account has also reduced on Regular Income Certificates by 20bps.
For Islamic Saving Account, the savings rate also decreased 59bps, setting the current rate at 9.75 per cent. The CDNS has accomplished a net target of Rs.255 at the end of fiscal year, from July 1 to June 30, 2024-25.
The CDNS has achieved the net annual target of Rs.106 billion for the current Fiscal Year, 2024-25.
Similarly, the CDNS has set a target of Rs140 billion in investments in Islamic finance for the Current Fiscal Year, which will lead to the growth of the Islamic economy in the country.
- Jubilee Life Insurance Recognized as a “Game Changer Icon of Pakistan” in the Life Insurance Category by EFP
- Al-Ghazi Tractors Enters Uzbekistan with First Tractor Exports, Partners with Uzavtosanoat JSC’s AgroTech Klaster
- IMF, Pakistan reach staff-level agreement on $1.2bn disbursement
- SECP Introduces Passive Equity Sub-Fund Under Voluntary Pension Scheme
- BYD Shark 6 Marks One Year in Pakistan with Exclusive Anniversary Edition Variant