CDNS Reduces NSS Return Rates from July 28

Islamabad, July 29, 2025, 09:13 PM PKT — The Central Directorate of National Savings (CDNS) has announced a significant cut in rates of return for multiple National Savings Schemes (NSS), effective July 28, 2025, impacting Regular Income Certificates, Short Term Savings Certificates, and Special Savings Accounts, per official data. The Regular Income Certificate drops to 10.68% (down 48 basis points from 11.16%), Short Term Savings Certificates fall to 10.14% (from 10.40%, down 26 basis points), and Behbood Savings Certificate, Pensioners Benefit Accounts, and Shuhada Family Welfare Accounts decline to 12.96% (from 13.20%, down 24 basis points each).

The Special Savings Certificates and Special Savings Account rates are now 10.40% (from 10.60%, down 20 basis points), while Defence Savings Certificates dip to 11.61% (from 11.76%, down 15 basis points). Serwa Islamic Saving Account and Serwa Islamic Term Account adjust to 9.94% (from 9.75%, down 19 basis points). These revised rates apply to investments post-July 28, 2025. Web context shows interest rate trends, while posts found on X reflect disappointment—some lament lower returns, others question policy timing. Critically, the narrative of “rate adjustment” may mask economic pressures—web data hints at inflation impacts, and X sentiment suggests distrust in financial stability, pointing to potential unease.