Central Directorate of National Savings has announced a revision in profit rates for a wide range of its savings instruments, adjusting returns across both conventional and Islamic schemes. The updated rates were announced on January 7, 2026, and are applicable from January 5, 2026. According to CDNS, the changes have been introduced to align government backed savings products with prevailing market dynamics and broader monetary conditions, affecting millions of individual investors who rely on National Savings as a stable investment avenue.
The revision reflects a mixed trend across conventional savings schemes, with several long term instruments seeing reduced returns. Defence Savings Certificates now carry a profit rate of 11.08 percent per annum for a 10 year tenure after a reduction of 23 basis points. Returns on Bahbood Savings Certificates, Pensioners Benefit Accounts, and Shuhada Family Welfare Accounts were also adjusted downward by 24 basis points, bringing the new profit rate for these welfare oriented schemes to 12.48 percent per annum. Regular Income Certificates experienced a comparatively larger reduction of 36 basis points, with the revised rate now set at 10.56 percent per annum for a five year investment period. The Savings Account faced the steepest cut, declining by 50 basis points to offer a return of 9.00 percent per annum on a running account basis. CDNS stated that these adjustments reflect shifts in interest rate expectations and liquidity conditions in the domestic financial market.
At the same time, not all conventional instruments moved lower. Special Savings Certificates and Special Savings Accounts saw an upward revision of 40 basis points, raising their profit rate to 11.00 percent per annum for a three year tenure. This increase provides some relief to investors seeking medium term fixed income options with relatively predictable returns. Short Term Savings Certificates were also revised and now offer yields ranging between 10.32 percent and 10.68 percent, depending on the duration of three, six, or twelve months. These instruments continue to appeal to investors looking for flexibility while maintaining exposure to government backed savings products.
The Islamic savings segment presented a mixed picture following the revision. Sarwa Islamic Savings Account recorded a marginal increase of four basis points and now offers a return of 9.96 percent per annum on a running account basis. Similarly, the one year Sarwa Islamic Term Account was raised by four basis points to 9.96 percent. However, longer tenure Islamic instruments saw slight reductions, with the three year Sarwa Islamic Term Account declining by 10 basis points to 10.20 percent and the five year account reduced by 12 basis points to 10.44 percent. Premium Prize Bonds Registered remained unchanged at 2.92 percent per annum, maintaining their existing structure of bi annual returns. CDNS emphasized that the revised rate structure aims to balance investor expectations with fiscal and monetary realities, while continuing to offer a diverse range of savings options for different risk profiles and investment horizons.
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