Pakistanis Heavily Invest in CDNS for Secure and Stable Returns
Many Pakistanis invest in the Central Directorate of National Savings (CDNS) due to the safety, stable returns, and diverse product offerings tailored to various needs, including schemes for senior citizens and marginalized groups. National Savings, a primary channel for savings in Pakistan, boasts a portfolio valued at Rs 3.2 trillion, accounting for about 14 percent of the country’s total banking deposits and serving around 3 million customers.
National Savings Scheme Profit Rates 2024
| S.No | Name of Scheme | w.e.f. 10-04-2023 | w.e.f. 24-03-2024 | Maturity Period | Tax Status |
| 1 | Defence Savings Certificates | 14.87% | 13.36% | 10 Years | Taxable |
| 2 | Special Savings Certificates/Accounts | 17.13% (Average) | 15.93% (Average) | 3 Years | Taxable |
| 3 | Regular Income Certificates | 12.84% | 14.76% | 5 Years | Taxable |
| 4 | Savings Account | 18.50% | 20.50% | Running Account | Taxable |
| 5 | Pensioners’ Benefit Account | 16.56% | 15.60% | 10 Years | Tax exempt |
| 6 | Bahbood Savings Certificates | 16.56% | 15.60% | 10 Years | Tax exempt |
| 7 | Shuhada Family Welfare Account | 16.56% | 15.60% | 10 Years | Tax exempt |
| 8 | National Prize Bonds (Bearer) | 10.00% | 10.00% | Perpetual | Taxable |
| 9 | Premium Prize Bonds (Registered) | 12.92%** | 16.40%* | Perpetual | Taxable |
| 10 | Short Term Savings Certificates (STSC) | ||||
| STSC 3 Months | 19.92% | 19.40% | 3 Months | Taxable | |
| STSC 6 Months | 19.64% | 19.38% | 6 Months | Taxable | |
| STSC 12 Months | 19.82% | 19.00% | 12 Months | Taxable | |
| 11 | SARWA Islamic Savings Schemes | ||||
| SISA | – | 20.50% | Running Account | Taxable | |
| SITA 1 Year | – | 18.54% | 1 Year | Taxable | |
| SITA 3 Year | – | 15.25% | 3 Year | Taxable | |
| SITA 5 Year | – | 14.76% | 5 Year | Taxable |
CDNS provides a financial safety net for the general public, particularly senior citizens, pensioners, widows, differently-abled individuals, and families of martyrs from the war against terror. This is achieved through a diverse product mix of National Savings Schemes (NSS) to meet various customer needs.
The directorate recently introduced two new products: SARWA Islamic Savings Schemes, a Shariah-compliant option, and digital savings schemes, which have collectively attracted a net investment of Rs 78 billion. These new products add to the already extensive range of NSS offerings.
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The NSS product range includes options from 3-month Short-Term Savings Certificates (STSC) to 10-year long-term Defence Savings Certificates, catering to different investment horizons and customer preferences.
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