2% Profit Rate Increased on Saving Scheme Bonds
The Central Directorate of National Savings (CDNS) in Islamabad has increased interest rates on all national savings plans by 2%. In November, the policy rate of the State Bank of Pakistan (SBP) was increased from 7.25 to 8.75, resulting in a significant adjustment in the savings rate.
Read: Why to Invest in Kingdom Valley Islamabad?
The rates per detail announced as part of the new policy have enticed more small savers to participate in savings programs. The rates increased on savings schemes include a 1.61% increase in the Defence Savings Certificate (DSC) to 10.98% from 9.37%, a 1.92% increase in Behbood Savings Certificates, Pensioners’ Benefit Account, and Shuhada Family Welfare to 12.96% from 11.04%, a 2.04% increase in Regular Income Certificates to 10.80% of total investment from 8.78%, and a 1.61% increase in Special Saving Certificates, and Special Saving Accounts bringing the profit margin to The rate on savings accounts will increase by 1.75 percent, from 5.50 percent to 7.25 percent.
Read: Flag March of Islamabad Police to Maintain Peace in Muharram
It is also disclosed that the exchange of short-term investment bonds is tied to changes in long-term Pakistan Investment Bonds (PIB) rates. The rates have risen to as high as 9.4% on three-year paper and 12.2% on 30-year bonds. The rates are also determined by the policy rates of the central bank every two months.
For further details and updates, please visit: Al Sadat Marketing.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005
