ISLAMABAD: Behbood Savings Certificates were first created in 2003 with the needs of widows and the elderly in mind. The National Savings, also known as Qaumai Bachat Bank, has raised the profit rate on these certificates since they provide a monthly profit at a reasonable rate.
With effect from March 19, 2024, the government has raised the profit rates on Behbood Certificates after lowering them three times in recent months. The current rate is 15.60%.
| Effective Period | Monthly Profit on each Rs100,000 | Rate (%) | |
| 19-March 2024 | Till Date | Rs1,300 | 15.6% |
The program was expanded to include disabled adults and special minors with disabilities through their guardians in 2004.
The denominations of the Behbood Savings Certificates are Rs5,000, Rs10,000, Rs50,000, Rs100,000, Rs500,000, and Rs1,000,000.
Profit is paid on monthly basis started from the date of purchase of the certificates.
Who Can Purchase Certificates?
Any of the following Pakistani citizens are able to purchase BSCs:
(a) An elderly person who is sixty years of age or older
(b) A widow who remains single provided she doesn’t remarry
(c) In their combined names, two eligible individuals as stated in clauses (a) and (b).
(d) Disables with NICs bearing the Disability logo, as well as special minors supervised by a guardian.
Investment limit:
The minimum investment amount is Rs 5,000, the highest amount that an individual can contribute is Rs 7.5 million, and the maximum amount that joint investors can deposit is Rs 15 million.
Read More: National Savings Bank Announces Profit Rate for Behbood Savings Certificates for Feb 2024
Behbood Savings Certificates Profit Rate (March 2024)
With effect from March 19, 2024, the government has raised the profit rate on Behbood Savings Certificates to 15.6%, or Rs1,300, for every Rs100,000.
Prior to March 18, 2024, the profit rate was 15.36 percent, or Rs1280 every Rs100,000.