The National Savings, also known as Qaumi Bachat Bank, has lowered the profit rate for Savings Accounts, effective August 2024
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The Savings Account is the oldest product offered by National Savings, designed to encourage small savers to invest in a way that assists them in meeting their daily financial needs. Both Pakistani Nationals and Overseas Pakistanis can open single or joint Savings Accounts. An adult may also open a Savings Account on behalf of a minor under their guardianship.Individuals can open a Savings Account at any National Savings Centre by completing the DA-I , which is available free of charge at all branches.
Deposits can be withdrawn at any time after the date of deposit, but investors are limited to three withdrawals per week.National Savings has reduced the profit rate on Savings Accounts by 1.5 percent, setting the new rate at 19%. This is a decrease from the previous rate of 20.5%, which had been in place since October 2023.Additionally, the profit rate for Short Term Savings Certificates has been decreased by 1.34% to 17.9%, effective August 2024.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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