KARACHI – The Central Directorate of National Savings, commonly known as Qaumi Bachat bank, has once again slashed the profit rate on Regular Income Certificates following the approval of the budget for new fiscal year 2025-26.
The Regular Income Certificates (RICs) were introduced by the federal government with a maturity period of five years in 1993 to cater the monthly requirements of the general public.
The certificates can be purchased in the denominations of Rs. 50,000, Rs. 100,000, Rs. 500,000, Rs. 1,000,000, Rs.5,000,000 and Rs.10,000,000.
The Qaumi Bachat Bank offers profit on the Regular Income Certificates on monthly basis starting from the date of issue of certificates.
Regular Income Certificates Profit Rate July 2025
The National Savings has decreased the profit rate for Regular Income Certificates to 11.16 percent, with effect from July 2025, as compared to previous 11.52 percent.
The investors will receive Rs930 per month in wake of profit as compared to previous Rs960 per month on each Rs100,000 investment.
Tax/Zakat Deduction
The investment made in Regular Income Certificates is exempted from Zakat Deduction. However, the investor will pay tax on the profit.
Rate of Withholding Tax shall be 15% of the yield/profit irrespective of date of investment and amount/profit for the persons appearing in Active Tax Payer List.
However, it will be 35% withholding tax for non-filers.
National Savings Division updated profit rates on several investment options aimed at providing safe and stable returns to individuals, especially retirees, senior citizens, and low-risk investors.
Among the options, the highest current rates 13.20pc are being offered on Pensioners Benefit Account, Behbood Saving Certificate, and Shuhda Family Welfare Account. These schemes are specifically designed to support pensioners, widows, and families of martyrs. Defence Savings Certificate now offer 11.76%, showing downward revision in rates.