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NSS’s profit increases after 4 months

byCT Report
01/02/2017
in Business
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ISLAMABAD: The government has announced to increase 20 points in National Saving Scheme (NSS) after four months which has led the profit rate of Defence Saving Scheme to 7.54 percent.

Sources said that the profit rate of Bahbood Saving Scheme has been maintained on 9.36 percent and rate of Special Saving Certificate has been fixed on 6 percent.After this decision, the person who invests Rs 100, 000 in Special Saving Certificate will get a profit of Rs 6000 instead of Rs 5800.  On the other hand, profit rate of Regular Income Certificate has gone to 6.54 percent.  The government has increased the profit rates of saving schemes to encourage people to invest in them.

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