The Central Directorate of National Savings (CDNS) has announced revised profit rates for its saving schemes, bringing a fresh update for investors across Pakistan. The new rates, effective from January 5, 2026, show a general downward adjustment in line with the State Bank of Pakistan’s latest monetary policy.
According to officials, the revision applies to most National Savings instruments and will affect both new investors and, in some cases, existing account holders, depending on the scheme.
Updated National Savings Profit Rates January 2026
The latest profit rates issued by CDNS are as follows:
| Scheme | Profit Rate (per annum) | Payment |
| Behbood Savings Certificate | 12.48 percent | Monthly |
| Pensioners’ Benefit Account | 12.48 percent | Monthly |
| Shuhada Family Welfare Account | 12.48 percent | Monthly |
| Defence Savings Certificate | 11.08 percent | On maturity after 10 years |
| Regular Income Certificate | 10.56 percent | Monthly |
| Special Savings Certificate | 10.20 to 11.00 percent | Every six months |
| Short Term Savings Certificate | 10.32 to 10.68 percent | On maturity |
| Savings Account | 9.00 percent | Annual |
Officials confirmed that these rates will remain valid until the next policy revision by the government.
Highest Paying Schemes Remain for Senior Citizens
Despite the overall cut, Behbood Savings Certificate, Pensioners’ Benefit Account, and Shuhada Family Welfare Account continue to offer the highest return at 12.48 percent, making them the most attractive options for senior citizens, widows, and families dependent on monthly income.
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Withholding Tax and Zakat Rules Updated
Under the revised structure, profit earned on National Savings schemes will continue to be subject to withholding tax.
Tax filers will be charged 15 percent, while non-filers will face a higher rate of 30 percent.
Zakat will be deducted automatically on most schemes on the first of Ramzan unless a valid exemption form is submitted.
However, Regular Income Certificate and Behbood Savings Certificate are generally exempt from zakat deduction.
Investment Limit on Behbood Certificates Still Unclear
Market sources say there are ongoing rumors about increasing the maximum investment limit for Behbood Savings Certificates to Rs 7.5 million per person, but no official notification has yet been issued.
Investors have been advised to confirm the latest limits directly from National Savings branches before making large deposits.
Experts Advise Caution After Rate Cut
Financial analysts believe the reduction in profit rates may impact retirees and fixed income earners. Experts recommend keeping an eye on future monetary policy decisions and diversifying investments to protect long term returns.
Final Update
The latest revision in National Savings certificates profit rates 2026 reflects the government’s effort to align saving instruments with the broader economic policy. While returns have slightly declined, National Savings schemes remain one of the safest investment options in Pakistan.
Investors are advised to regularly check official CDNS notifications and choose their saving plans wisely to secure steady income in changing market conditions.
