Profit Rates on Behbood Saving Certificates 2024
Profit Rates on Behbood Saving Certificates 2024. Central Directorate of National Savings has recently revised the profit rates on different National Savings investment schemes.
As per the the notification issued by the Ministry of Finance, the profit rates on the following have not been changed and remain unchanged at 16.08%.:
All about Behbood Saving Certificates
Here we will explain you little bit about the Behbood Saving Certificates which are issued by the Central Directorate of National Savings.
- National Saving Centers do not deduct withholding income tax on profit from Behbood Saving Certificates
- Behbood Saving Certificates are also exempted from the deduction of zakat
- such type of certificates are issued to the widows, senior citizens and disable persons
- these are available in different denominations
- profit is paid on the monthly basis
- Investor can invest in these certificates by depositing through cash, cheque, pay order and draft
- Single investor can invest up to Rs5 Million and joint investors up to Rs10 Million
- You can encash it at any time after deduction of service charges and after some period of time there will be no deduction of service charges
