- Revenue price elevated on virtually all certificates
- Revenue price on financial savings account to stay at 5.5%
- New charges to return into impact from January 21
The federal government on Thursday issued revised revenue charges for Nationwide Saving Schemes certificates, in line with a notification.
In line with the brand new charges, the revenue on the Defence Saving Certificates has been revised to 9.42% from 8.49%. Likewise, revenue on Common Earnings Certificates has elevated to 9% from 8.04%.
The revenue price on the Particular Financial savings Certificates has elevated from 7.77% to 7.97%, whereas the Behbood Financial savings Certificates revenue price has elevated to 11.28% from 10.32%.
Learn extra: Nationwide Financial savings schemes revenue charges slashed by authorities
The revenue price has additionally been elevated on Pensioners Profit Accounts to 11.28% from 10.32%. The revenue price has additionally elevated on the Shuhada Household Welfare Account to 11.28% from 10.32%.
The notification additionally said that the revenue price has additionally elevated on brief time period financial savings certificates. As per the brand new charges, the revenue on the three-month certificates has elevated to six.76%. The revenue price on six-month saving certificates has elevated to six.82% from 6.80%. The revenue price on 12-month short-term saving certificates has elevated to six.92% from 6.80%.
Nevertheless, the revenue price on the financial savings account stays at 5.5%.
The notification issued by the finance ministry will come into impact from January 21.