National Savings cuts profit rates for Short Term Savings Certificates [January 2026]

2026-01-28 - 08:01

ISLAMABAD – The Central Directorate of National Savings (CDNS) has reduced the profit rates for Short-Term Savings Certificates, effective from January 2026. Introduced in Pakistan in 2012, these certificates are aimed at meeting the short-term investment needs of individuals. The investment options include maturity periods of 3 months, 6 months, and 1 year. These certificates are pledgeable, and available to both Pakistani nationals and overseas Pakistanis. The minimum deposit required to invest in this category is Rs10,000, with no upper limit. The last adjustment in the profit rate for Short-Term Savings Certificates occurred in January 2026, and that rate will remain in effect till next review. Short Term Savings Certificates Profit Rate from January 2026 The profit rate for three-month maturity has been fixed at 9.64 percent or Rs2,410 on investment of each Rs100,000 as compared to previous 10.20% or Rs2,580. However, the profit rate for six-month maturity category has been set at 9.58% or Rs4,790 as compared to previous 10.36% or Rs5,180. However, the profit from 12-month maturity has been fixed at 9.58% or Rs9,580 compared to previous 10.68% or Rs10,680. Tax Deduction on STSC Profit Rate As per the policy, investors appearing in Active Taxpayer List will pay 15% in wake of withholding tax on the total profit. However, the authorities will charge 30% of the yield/profit irrespective of date of investment and amount/profit.