Profit Rates on Special Saving Certificates Revised Downward from July 2025
Islamabad – The Central Directorate of National Savings (CDNS) has officially reduced the profit rates on Special Saving Certificates (SSCs) starting from July 2025, marking a significant update for small and medium-level investors across Pakistan.
What Are Special Saving Certificates?
Special Saving Certificates are government-backed savings instruments designed to provide a secure and fixed return every six months. These certificates are especially popular among middle-income individuals who prefer safe investment options over riskier markets. With a maturity period of three years, SSCs are available for all Pakistani citizens, and there is no maximum investment limit.
Revised Profit Rates Announced
According to the latest CDNS update, the profit rate has been revised downward in line with current economic indicators. For the first five half-yearly payments, investors will now receive a 10.60% return, which amounts to Rs. 5,300 on an investment of Rs. 100,000 every six months.
The sixth and final payment, however, will come at a slightly higher rate of 11.60%, which means investors will earn Rs. 5,800 on the same Rs. 100,000 amount at the end of the three-year term .
Withholding Tax Rules
As per government tax regulations:
- Individuals listed in the Active Taxpayer List (ATL) will face a 15% withholding tax on the profit earned, regardless of the time or amount invested.
- Those not on the ATL will be subject to a 30% withholding tax, significantly reducing the net profit they receive.
This tax deduction applies automatically, making it crucial for investors to ensure they are registered taxpayers to maximize their returns.
Why the Change?
Officials say the adjustment is part of the government’s broader strategy to align profit rates with current economic trends such as inflation and monetary policy changes. The goal is to continue offering safe investment opportunities while keeping returns realistic and sustainable.
Conclusion
While the new rates may offer slightly lower returns than before, Special Saving Certificates remain one of the safest investment choices for Pakistanis seeking steady income. With government backing, flexible investment limits, and regular payouts, they continue to be a reliable savings option—especially for those looking to avoid market volatility.
