nss

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National Savings Schemes

Defence Saving Certificates:

The Government of Pakistan introduced Defence Savings Certificate scheme in the year 1966. This is the

most popular scheme among investors. This scheme has specifically been designed to meet the future

requirements of the depositors. This is the only scheme with 10 years maturity with built in feature of

automatic reinvestment after the maturity i.e. in case any certificate is not encashed on maturity, the

balance at credit (principal + profit) without any deduction, shall be deemed to have been reinvested for

another period of 10 years on filling in a new application form. However, in case any certificate issued on

or after 15th November, 2010 is not encashed on maturity, the value i.e. principal plus profit due on such

certificate shall cease to earn any further profit. These certificates are available in the following

denominations:

S.No. 1. 2. 3. 4. 5. 6. 7. 8.

Rupees 500 1,000 5,000 10,000 50,000 100,000 500,000 1,000,000

SALIENT FEATURES:

1. Eligibility for Purchase:

These certificates can be purchased by a single adult, a minor, two adults in their joint names with the

options of payable to the holders jointly (Joint/A ) or payable to either (Joint/B). An adult can also

purchase these certificates on behalf of a single minor, two minors jointly or himself (herself) and a minor

jointly.

2. Procedure for Purchase:

These certificates can be purchased by filling in a prescribed form (SC/I), obtainable from any National

Savings Centre (NSC), Pakistan Post Office (PPO), State Bank of Pakistan, SBP BSC (Bank).A copy of the

Computerized National Identity Card (CNIC) or in case of a foreign national, a copy of the Passport may be

attached with the application form (SC/I). The format of application form is also available at website of

National Savings (http://www.savings.gov.pk) under the option of Forms.

3. Investment Limit:

There is no maximum limit of investment in this scheme.

4. Encashability:

The Certificates shall, notwithstanding anything to the contrary appearing on the obverse or reverse of the

certificates, be encashable at par at any time after the date of purchase

5. Mode of Deposit:

These certificates can be purchased by depositing cash at the issuing offices or by presenting a cheque.

The certificates shall immediately be issued on receipts of cash. However, in case of deposit through

cheque the certificates shall be issued from the date of realization of the cheque after receipt of the

clearance advice.

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6. Profit Payable on Defence Savings Certificates:

The Finance Division, Govt. of Pakistan, according to the Notification No. F.20(3)GS-I/2014-

132 dated January 30, 2015 has reviewed the rate of return on Defence Savings Certificates. The return on

Defence Saving Certificates has been fixed as given in table below, for the certificates issued with effect

from 01.02.2015 till further Notification. The Defence Savings Certificates purchased prior to the above

said Notification shall earned profit at the rate prevailing on the date of purchase.

DSCs Purchased from 01.02.2015 till further Notification (Issue-28)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 525 1,050 5,250 10,500 52,500 105,000 525,000 1,050,000 2 Years 555 1,110 5,550 11,100 55,500 111,000 555,000 1,110,000

3 Years 585 1,170 5,850 11,700 58,500 117,000 585,000 1,170,000 4 Years 620 1,240 6,200 12,400 62,000 124,000 620,000 1,240,000

5 Years 665 1,330 6,650 13,300 66,500 133,000 665,000 1,330,000 6 Years 725 1,450 7,250 14,500 72,500 145,000 725,000 1,450,000

7 Years 810 1,620 8,100 16,200 81,000 162,000 810,000 1,620,000 8 Years 920 1,840 9,200 18,400 92,000 184,000 920,000 1,840,000

9 Years 1060 2,120 10.600 21,200 106,000 212,000 1,060,000 2,120,000

10 years 1240 2,480 12,400 24,800 124,000 248,000 1,240,000 2,480,000

Notification No [No. F.20(3)GS-I/2014-132]

PREVIOUS YEAR's RATES


Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 605 1,210 6,050 12,100 60,500 121,000 605,000 1,210,000 4 Years 655 1,310 6,550 13,100 65,500 131,000 655,000 1,310,000

5 Years 720 1,440 7,200 14,400 72,000 144,000 720,000 1,440,000 6 Years 805 1,610 8,050 16,100 80,500 161,000 805,000 1,610,000

7 Years 910 1,820 9,100 18,200 91,000 182,000 910,000 1,820,000 8 Years 1,040 2,080 10,400 20,800 104,000 208,000 1,040,000 2,080,000

9 Years 1,210 2,420 12,100 24,200 121,000 242,000 1,210,000 2,420,000

10 years 1,430 2,860 14,300 28,600 143,000 286,000 1,430,000 2,860,000

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Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 610 1,220 6,100 12,200 61,000 122,000 610,000 1,220,000 4 Years 670 1,340 6,700 13,400 67,000 134,000 670,000 1,340,000

5 Years 750 1,500 7,500 15,000 75,000 150,000 750,000 1,500,000 6 Years 855 1,710 8,550 17,100 85,500 171,000 855,000 1,710,000

7 Years 990 1,980 9,900 19,800 99,000 198,000 990,000 1,980,000 8 Years 1,165 2,330 11,650 23,300 116,500 233,000 1,165,000 2,330,000

9 Years 1,385 2,770 13,850 27,700 138,500 277,000 1,385,000 2,770,000

10 years 1,660 3,320 16,600 33,200 166,000 332,000 1,660,000 3,320,000

Notification No.F.20(3)GS-I/2014-1146 dated 30.09.2014

DSCs Purchased from 01.01.2014 to 30.09.2014 Notification (Issue-25)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 610 1,220 6,100 12,100 61,000 122,000 610,000 1,220,000 4 Years 670 1,340 6,700 13,100 67,000 134,000 670,000 1,340,000

5 Years 745 1,490 7,450 14,700 74,500 149,000 745,000 1,490,000 6 Years 840 1,680 8,400 16,400 84,000 168,000 840,000 1,680,000

7 Years 960 1,920 9,600 18,500 96,000 192,000 960,000 1,920,000 8 Years 1,115 2,230 11,150 21,000 111,500 223,000 1,115,000 2,230,000

9 Years 1,320 2,640 13,200 24,500 132,000 264,000 1,320,000 2,640,000

10 years 1,590 3,180 15,900 30,000 159,000 318,000 1,590,000 3,180,000

Notification No.F.20(I)GS-I/2013-09 dated 01.01.2014

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DSCs Purchased from 01.10.2013 to 31.12.2013 Notification (Issue-24)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 610 1,220 6,100 12,100 61,000 122,000 610,000 1,220,000 4 Years 665 1,330 6,650 13,100 66,500 133,000 665,000 1,330,000

5 Years 735 1,470 7,350 14,700 73,500 147,000 735,000 1,470,000 6 Years 820 1,640 8,200 16,400 82,000 164,000 820,000 1,640,000

7 Years 925 1,850 9,250 18,500 92,500 185,000 925,000 1,850,000 8 Years 1050 2,100 10,500 21,000 105,000 210,000 1,050,000 2,100,000

9 Years 1225 2,450 12,259 24,500 122,500 245,000 1,225,000 2,450,000

10 years 1500 3,000 15,000 30,000 150,000 300,000 1,500,000 3,000,000


DSCs Purchased from 01.07.2013 to 30.9.2013 (Issue-23)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 605 1,210 6,050 12,100 60,500 121,000 605,000 1,210,000 4 Years 650 1,300 6,550 13,100 65,000 130,000 650,000 1,300,000

5 Years 700 1,400 7,200 14,400 70,000 140,000 700,000 1,400,000 6 Years 765 1,530 8,000 15,300 76,500 153,000 765,000 1,530,000

7 Years 850 1,700 9,000 17,000 85,000 170,000 850,000 1,700,000 8 Years 960 1920 10,250 19,200 96,000 192,000 960,000 1,920,000

9 Years 1,120 2,240 11,900 22,400 112,000 224,000 1,120,000 2,240,000

10 years 1,340 2,680 14,000 26,800 134,000 268,000 1,340,000 2,680,000


of 14

DSCs Purchased from 01.01.2013 to 30-06-2013 (Issue-22) (In Rupees)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 605 1,210 6,050 12,100 60,500 121,000 605,000 1,210,000 4 Years 655 1,310 6,550 13,100 65,500 131,000 655,000 1,310,000

5 Years 720 1,440 7,200 14,400 72,000 144,000 720,000 1,440,000 6 Years 800 1,600 8,000 16,000 80,000 160,000 800,000 1,600,000

7 Years 900 1,800 9,000 18,000 90,000 180,000 900,000 1,800,000 8 Years 1,025 2,050 10,250 20,500 102,500 205,000 1,025,000 2,050,000

9 Years 1,190 2,380 11,900 23,800 119,000 238,000 1,190,000 2,380,000

10 years 1,400 2,800 14,000 28,000 140,000 280,000 1,400,000 2,800,000


DSCs Purchased from 12.10.2012 to 31.12.2012 (Issue-21) (In Rupees)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530 1,060 5,300 10,600 53,000 106,000 530,000 1,060,000 2 Years 565 1,130 5,650 11,300 56,500 113,000 565,000 1,130,000

3 Years 605 1,210 6,050 12,100 60,500 121,000 605,000 1,210,000 4 Years 655 1,310 6,550 13,100 65,500 131,000 655,000 1,310,000

5 Years 720 1,440 7,200 14,400 72,000 144,000 720,000 1,440,000 6 Years 805 1,610 8,050 16,100 80,500 161,000 805,000 1,610,000

7 Years 910 1,820 9,100 18,200 91,000 182,000 910,000 1,820,000 8 Years 1,040 2,080 10,400 20,800 104,000 208,000 1,040,000 2,080,000

9 Years 1,210 2,420 12,100 24,200 121,000 242,000 1,210,000 2,420,000

10 years 1,425 2,850 14,250 28,500 142,500 285,000 1,425,000 2,850,000

Notification No.F.20(I) GS-I/2011-2292 Dated 11.10.2012

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DSCs Purchased from 27.08.2012 to 11.10.2012 (Issue-20) (In Rupees)

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 535 1,070 5,350 10,700 53,500 107,000 535,000 1,070,000 2 Years 575 1,150 5,750 11,500 57,500 115,000 575,000 1,150,000

3 Years 620 1,240 6,200 12,400 62,000 124,000 620,000 1,240,000 4 Years 675 1,350 6,750 13,500 67,500 135,000 675,000 1,350,000

5 Years 740 1,480 7,400 14,800 74,000 148,000 740,000 1,480,000 6 Years 825 1,650 8,250 16,500 82,500 165,000 825,000 1,650,000

7 Years 935 1,870 9,350 18,700 93,500 187,000 935,000 1,870,000 8 Years 1,075 2,150 10,750 21,500 107,500 215,000 1,075,000 2,150,000

9 Years 1,255 2,510 12,550 25,100 125,500 251,000 1,255,000 2,510,000

10 years 1,485 2,970 14,850 29,700 148,500 297,000 1,485,000 2,970,000



Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 535 1,070 5,350 10,700 53,500 107,000 535,000 1,070,000 2 Years 575 1,150 5,750 11,500 57,500 115,000 575,000 1,150,000

3 Years 625 1,250 6,250 12,500 62,500 125,000 625,000 1,250,000 4 Years 690 1,380 6,900 13,800 69,000 138,000 690,000 1,380,000

5 Years 775 1,550 7,750 15,500 77,500 155,000 775,000 1,550,000 6 Years 880 1,760 8,800 17,600 88,000 176,000 880,000 1,760,000

7 Years 1,010 2,020 10,100 20,200 101,000 202,000 1,010,000 2,020,000 8 Years 1,175 2,350 11,750 23,500 117,500 235,000 1,175,000 2,350,000

9 Years 1,385 2,770 13,850 27,700 138,500 277,000 1,385,000 2,770,000

10 years 1,650 3,300 16,500 33,000 165,000 330,000 1,650,000 3,300,000

(Notification No.20(I)GS-I/2011-909 dated 29.06.2012)

of 14


Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 535 1,070 5,350 10,700 53,500 107,000 535,000 1,070,000 2 Years 575 1,150 5,750 11,500 57,500 115,000 575,000 1,150,000

3 Years 625 1,250 6,250 12,500 62,500 125,000 625,000 1,250,000 4 Years 690 1,380 6,900 13,800 69,000 138,000 690,000 1,380,000

5 Years 775 1,550 7,750 15,500 77,500 155,000 775,000 1,550,000 6 Years 880 1,760 8,800 17,600 88,000 176,000 880,000 1,760,000

7 Years 1,010 2,020 10,100 20,200 101,000 202,000 1,010,000 2,020,000 8 Years 1,170 2,340 11,700 23,400 117,000 234,000 1,170,000 2,340,000

9 Years 1,365 2,730 13,650 27,300 136,500 273,000 1,365,000 2,730,000

10 years 1,600 3,200 16,000 32,000 160,000 320,000 1,600,000 3,200,000

(Notification No.F.20(1)GS-1/2011-477 dated 30.03.2012)


Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 527.50

1,055 5,275 10,550 52,750 105,500 527,500 1,055,000

2 Years 560.00 1,120 5,600 11,200 56,000 112,000 560,000 1,120,000

3 Years 600.00 1,200 6,000 12,000 60,000 120,000 600,000 1,200,000 4 Years 655.00 1,310 6,550 13,100 65,500 131,000 655,000 1,310,000

5 Years 730.00 1,460 7,300 14,600 73,000 146,000 730,000 1,460,000 6 Years 830.00 1,660 8,300 16,600 83,000 166,000 830,000 1,660,000

7 Years 955.00 1,910 9,550 19,100 95,500 191,000 955,000 1,910,000 8 Years 1,110.00 2,220 11,100 22,200 111,000 222,000 1,110,000 2,220,000

9 Years 1,300.00 2,600 13,000 26,000 130,000 260,000 1,300,000 2,600,000

10 years 1,540.00 3,080 15,400 30,800 154,000 308,000 1,540,000 3,080,000

(Notification No.20(I)GS-1/2011-2024 dated 30.12.2011)

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Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 535 1,070 5,350 10,700 53,500 107,000 535,000 1,070,000 2 Years 575 1,150 5,750 11,500 57,500 115,000 575,000 1,150,000

3 Years 625 1,250 6,250 12,500 62,500 125,000 625,000 1,250,000 4 Years 690 1,380 6,900 13,800 69,000 138,000 690,000 1,380,000

5 Years 775 1,550 7,750 15,500 77,500 155,000 775,000 1,550,000 6 Years 880 1,760 8,800 17,600 88,000 176,000 880,000 1,760,000

7 Years 1,010 2,020 10,100 20,200 101,000 202,000 1,010,000 2,020,000 8 Years 1,175 2,350 11,750 23,500 117,500 235,000 1,175,000 2,350,000

9 Years 1,385 2,770 13,850 27,700 138,500 277,000 1,385,000 2,770,000

10 years 1,650 3,300 16,500 33,000 165,000 330,000 1,650,000 3,300,000

(Notification No.20(1)GS-1/2011-1638 dated 30.09.2011)

DSCs Purchased from 01.01.2011 to 30.09.2011 Issue-15)

@ 13.55% p.a.

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 540 1,080 5,400 10,800 54,000 108,000 540,000 1,080,000 2 Years 585 1,170 5,850 11,700 58,500 117,000 585,000 1,170,000

3 Years 640 1,280 6,400 12,800 64,000 128,000 640,000 1,280,000 4 Years 710 1,420 7,100 14,200 71,000 142,000 710,000 1,420,000

5 Years 800 1,600 8,000 16,000 80,000 160,000 800,000 1,600,000 6 Years 915 1,830 9,150 18,300 91,500 183,000 915,000 1,830,000

7 Years 1,065 2,130 10,650 21,300 106,500 213,000 1,065,000 2,130,000 8 Years 1,255 2,510 12,550 25,100 125,500 251,000 1,255,000 2,510,000

9 Years 1,490 2,980 14,900 29,800 149,000 298,000 1,490,000 2,980,000

10 years 1,780 3,560 17,800 35,600 178,000 356,000 1,780,000 3,560,000

Notification No.F.20(2)GS-1/2010-1783 dated 31.12.2010

of 14

DSCs Purchased from 01.10.2010 to 31.12.2010 Issue-14).

@ 12.60% p.a.

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 540 1,080 5,400 10,800 54,000 108,000 540,000 1,080,000 2 Years 585 1,170 5,850 11,700 58,500 117,000 585,000 1,170,000

3 Years 640 1,280 6,400 12,800 64,000 128,000 640,000 1,280,000 4 Years 700 1,400 7,000 14,000 70,000 140,000 700,000 1,400,000

5 Years 790 1,580 7,900 15,800 79,000 158,000 790,000 1,580,000 6 Years 900 1,800 9,000 18,000 90,000 180,000 900,000 1,800,000

7 Years 1,050 2,100 10,500 21,000 105,000 210,000 1,050,000 2,100,000 8 Years 1,225 2,450 12,250 24,500 122,500 245,000 1,225,000 2,450,000

9 Years 1,425 2,850 14,250 28,500 142,500 285,000 1,425,000 2,850,000

10 years 1,638 3,276 16,382 32,763 163,815 327,630 1,638,150 3,276,300

Notification No.F.20(2)GS-1/2010-1400 dated 30.09.2010


(No.F.20(2)GS-I/2007-1289 dated 24.06.2008)

@ 12.15% p.a.

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 540 1,080 5,400 10,800 54,000 108,000 540,000 1,080,000 2 Years 590 1,180 5,900 11,800 59,000 118,000 590,000 1,180,000

3 Years 645 1,290 6,450 12,900 64,500 129,000 645,000 1,290,000 4 Years 710 1,420 7,100 14,200 71,000 142,000 710,000 1,420,000

5 Years 790 1,580 7,900 15,800 79,000 158,000 790,000 1,580,000 6 Years 885 1,770 8,850 17,700 88,500 177,000 885,000 1,770,000

7 Years 1,005 2,010 10,050 20,100 100,500 201,000 1,005,000 2,010,000 8 Years 1,150 2,300 11,500 23,000 115,000 230,000 1,150,000 2,300,000

9 Years 1,325 2,650 13,250 26,500 132,500 265,000 1,325,000 2,650,000

10 years 1,575 3,150 15,750 31,500 157,500 315,000 1,575,000 3,150,000

of 14

DSC Purchased from 23.06.2007 to 23.06.2008 (Issue-12)

(No.F.20 (2)GS-I/2007-1301 dated 23.06.2007)

@ 10.15% p.a.

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 535.00 1,070.00 5,350.00 10,700.00 53,500.00 107,000.00 535,000.00 1,070,000.00

2 Years 580.00 1,160.00 5,800.00 11,600.00 58,000.00 116,000.00 580,000.00 1,160,000.00

3 Years 630.00 1,260.00 6,300.00 12,600.00 63,000.00 126,000.00 630,000.00 1,260,000.00

4 Years 690.00 1,380.00 6,900.00 13,800.00 69,000.00 138,000.00 690,000.00 1,380,000.00

5 Years 755.00 1,510.00 7,550.00 15,100.00 75,500.00 151,000.00 755,000.00 1,510,000.00

6 Years 830.00 1,660.00 8,300.00 16,600.00 83,000.00 166,000.00 830,000.00 1,660,000.00

7 Years 920.00 1,840.00 9,200.00 18,400.00 92,000.00 184,000.00 920,000.00 1,840,000.00

8 Years 1,030.00 2,060.00 10,300.00 20,600.00 103,000.00 206,000.00 1,030,000.00 2,060,000.00

9 Years 1,160.00 2,320.00 11,600.00 23,200.00 116,000.00 232,000.00 1,160,000.00 2,320,000.00

10 years 1,315.00 2,630.00 13,150.00 26,300.00 131,500.00 263,000.00 1,315,000.00 2,630,000.00

DSCs Purchased from 05-06-2006 to 22.06.2007 Issue-XI @ 10.03% p.a.

Value on

completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 530.00 1,060.00 5,300.00 10,600.00 53,000.00 106,000.0

0

530,000.0

0

1,060,000.00

2 Years 565.00 1,130.00 5,650.00 11,300.00 56,500.00 113,000.0

0

565,000.0

0

1,130,000.00

3 Years 605.00 1,210.00 6,050.00 12,100.00 60,500.00 121,000.0

0

605,000.0

0

1,210,000.00

4 Years 650.00 1,300.00 6,500.00 13,000.00 65,000.00 130,000.0

0

650,000.0

0

1,300,000.00

5 Years 700.00 1,400.00 7,000.00 14,000.00 70,000.00 140,000.0

0

700,000.0

0

1,400,000.00

6 Years 770.00 1,540.00 7,700.00 15,400.00 77,000.00 154,000.0

0

770,000.0

0

1,540,000.00

7 Years 855.00 1,710.00 8,550.00 17,100.00 85,500.00 171,000.0

0

855,000.0

0

1,710,000.00

8 Years 960.00 1,920.00 9,600.00 19,200.00 96,000.00 192,000.0

0

960,000.0

0

1,920,000.00

9 Years

1,110.00

2,220.00

11,100.00

22,200.00

111,000.00

222,000.00

1,110,000.00

2,220,000.00

10 years

1,300.00

2,600.00

13,000.00

26,000.00

130,000.0

0

260,000.00

1,300,000.00

2,600,000.00

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DSCs Purchased from 01-07-2005 to 04.06.2006(Issue X) Notification: No.F.10(4)DM-II/2003-1694 dated 08.08.2005

@ 9.46% p.a.

Value on

completion of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 525.00

1,050.00

5,250.00

10,500.00

52,500.00

105,000.00

525,000.00

1,050,000.00

2 Years 560.00

1,120.00

5,600.00

11,200.00

56,000.00

112,000.00

560,000.00

1,120,000.00

3 Years 595.00

1,190.00

5,950.00

11,900.00

59,500.00

119,000.00

595,000.00

1,190,000.0

0 4 Years 640.00

1,280.00

6,400.00

12,800.00

64,000.00

128,000.00

640,000.00

1,280,000.0

0 5 Years 690.00

1,380.00

6,900.00

13,800.00

69,000.00

138,000.00

690,000.00

1,380,000.00

6 Years 750.00

1,500.00

7,500.00

15,000.00

75,000.00

150,000.00

750,000.00

1,500,000.00

7 Years 815.00

1,630.00

8,150.00

16,300.00

81,500.00

163,000.00

815,000.00

1,630,000.00

8 Years 915.00

1,830.00

9,150.00

18,300.00

91,500.00

183,000.00

915,000.00

1,830,000.00

9 Years 1,055.00

2,110.00

10,550.00

21,100.00

105,500.00

211,000.00

1,055,000.0

0

2,110,000.00

10 years 1,235.00

2,470.00

12,350.00

24,700.00

123,500.00

247,000.00

1,235,000.0

0

2,470,000.00

DSCs Purchased from 01-07-2004 to 30.06.2005(Issue VIII & IX) Notifications:

i) F.12(I)DM-II/2003-1403 dated 30.06.2004 ii) F.21(1)GS-I/2005-21 dated 01.01.2005

@ 8.15% p.a.

Value on completion

of period

Rs.500

Rs.1000

Rs.5000

Rs.10,000

Rs.50,000

Rs.100,000

Rs.500,000

Rs.1,000,000

1 Year 520.00 1,040.00 5,200.00 10,400.00 52,000.00 104,000.00 520,000.00 1,040,000.00 2 Years 545.00 1,090.00 5,450.00 10,900.00 54,500.00 109,000.00 545,000.00 1,090,000.00 3 Years 575.00 1,150.00 5,750.00 11,500.00 57,500.00 115,000.00 575,000.00 1,150,000.00 4 Years 610.00 1,220.00 6,100.00 12,200.00 61,000.00 122,000.00 610,000.00 1,220,000.00

5 Years 650.00 1,300.00 6,500.00 13,000.00 65,000.00 130,000.00 650,000.00 1,300,000.00 6 Years 695.00 1,390.00 6,950.00 13,900.00 69,500.00 139,000.00 695,000.00 1,390,000.00

7 Years 750.00 1,500.00 7,500.00 15,000.00 75,000.00 150,000.00 750,000.00 1,500,000.00 8 Years 830.00 1,660.00 8,300.00 16,600.00 83,000.00 166,000.00 830,000.00 1,660,000.00

9 Years 945.00 1,890.00 9,450.00 18,900.00 94,500.00 189,000.00 945,000.00 1,890,000.00 10 years 1,095.00 2,190.00 10,950.00 21,900.00 109,500.00 219,000.00 1,095,000.00 2,190,000.00

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Note: i) Zakat shall be deducted only once at the time of actual encashment on the value

fallen due on the relevant valuation date i.e.(Ist Ramadhan)and not on the continuous

reinvestment after the maturity. A Zakat collection receipt duly signed by the two officers is

issued in token of the deduction of the amount.

*ii) With Holding Tax: As per directions of the Federal Government, the tax on profit from investment

shall be deducted at source a s p e r Rule s , if such deposit exceeds Hundred and fifty Thousand Rupees(150,000).

*Note-1: The existing exemption of WHT on profit of investment upto Rs.150,000/- in NSS has

been withdrawn w.e.f. 01.07.2013 irrespective of the date of investment(Ref: CDNS Memo No.F.13(1)(Rules)(Sch-3/2004 dated Ist July, 2013).

7. Transfer of Certificates:

(a) From one Centre to another: Certificates are transferable from one city to another by applying on the

prescribed form (SC/6) obtainable from any NSC/ SBP BSC (BANK) office and also available at the

website of National Savings (http://www.savings.gov.pk) under the option of "Forms". The application

duly filled in along with two copies of NIC may be presented at the office of issue or at the office where

the transfer is desired. However, the certificates purchased from scheduled banks, State Bank of Pakistan,

SBP

BSC (Bank), PPO and NSC can be transferred to and from the respective branches of the issuing office /

agencies only.

(b) From one person to another: Certificates are transferable from one person to another on the expiry of

non/encashability period, by applying on the prescribed form

(SC/4). In case of death of the purchaser, certificates can be transferred in the name of nominee(s) without

any fee/charges or to the legal heir(s) on furnishing among others, a succession certificate issued by the

competent court of law, along with the following: -

1. Application on the prescribed form (SC/4);

2. Death certificate of the purchase;

3. Attested photocopies of CNIC of the deceased and the nominee (s);

4. Specimen signatures of nominee (s) attested by a gazetted officer.

8. Pledging of Certificates:

Certificates can be pledged in favour of a gazetted government officer, Officers of the State Bank of

Pakistan, Officer of a Local Authority, or an Officer of a Government Sponsored Corporation or an officer

of a scheduled bank, in his official capacity, for the purpose of being treated as security. The value of

security shall be the payable value of the certificates including the amount of profit.

9. Replacement of Lost/Destroyed Or Damaged Certificates:

If a certificate is lost, or destroyed, the purchaser or his nominee(s) or heir(s), as the case may be, entitled to

have duplicate certificates issued from the issuing office on completion of certain requirements which,

among others, include the following:-

i) A copy of First Information Report (FIR) or "Roznamcha" in case the value exceeds

Rs.10,000.

ii) Application for the issuance of certificates clearly mentioning the circumstances leading

to the loss.

iii) Photocopies of CNIC of the purchaser(s).

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iv) Deposit of prescribed fee with the issuing office.

v) Indemnity Bond on Rs.50 stamp paper (specimen obtainable from any NS Centre).

10. Institutional Investment:

Following institutions can also invest in the scheme in terms of Finance Division, Notification

No.F21(1)GS-I/2006-1071 dated 28.05.2007:

a. Registered Charities (Non-profit bodies).

b. Public Sector Enterprises excluding Banks.

c. Private Educational & Health Institutions.

d. Employees Old Age Benefit Institutions (EOBIs).

e. Private Corporate Sector registered with the SECP excluding Banks.

f. Non-Bank Financial Institutions (NBFIs) excluding Insurance Companies.

Note-1: All Institutional Investment in DSCs and SSCs shall be discontinued with immediate effect in terms of

Finance Divisions Notification No.F.21(I)GS-I/2011-1406 & Notification No.F.21(1)GS-I/2011-1407 both dated 11.08.2011 respectively.

Note-2: DSC Sub Rule-4(5) of DSC Rules, 1966 amended vide Finance Divisions Notification No.F.21(I)GS-I/2011-

876 dated 27.06.2012 and Provided that institutions may invest individual funds such as pension, gratuity, superannuation, contributory provident funds and trusts etc, in these certificates.

Note-3:

11. Investment From Abroad:

Investors from abroad may send applications along with remittance of the desired amounts either directly to the Director General or concerned Director/Joint Director or to the National Savings Centres, where investment is desired to be made. The remittance of the amount may be made either through a cheque or bank draft in the official designation of the concerned payee. The certificate shall be issued/account opened after the remittance accompanying the application is enclosed and credited to Government account.

The Principal and profit accrued on a certificate issued/account opened, against foreign exchange received

through remittance or transfer from foreign currency account or surrendering foreign exchange bearer

certificates/dollar bearer certificates shall be payable abroad to the purchaser in foreign currency, if so

desired by the investor.

The amount received in foreign currency shall be converted into Pakistani rupees, in accordance with the

exchange rates prevailing on the date of clearance of the bank draft. The amount of principal or profit will

be converted into foreign currency in accordance with the exchange rates prevailing on the date of

remittance.

12. Sale Of Defence Savings And Special Savings Certificates Abroad Through

Overseas Branches Of Scheduled Banks Of Pakistan.

All branches of Pakistani Scheduled Banks Operating Abroad are allowed, in principle, to sell Defence Savings Certificates (DSCs)/Special Savings Certificates (SSCs) to Overseas Pakistanis against foreign currency on repatriable basis provided regulatory sanction/permission of the concerned country is available. The payment of principal and or profit of certificates, so issued is also payable abroad in local currency from the same branch of the bank. These certificates are transferable from one person to another and also to Pakistan in any branch of the same bank from where the certificate purchased.

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2. At the time of purchase, the face value of the certificates in Pak. Rupees is converted in local foreign

currency at the prevailing rate for Pak. Rupees so as to generate Pak. Rupee equivalent to the face value of

the certificate required. Similarly, at the time of encashment of profit and principal, the payable rupees

amount is converted into foreign currency at the T.T. spot buying rate for Pak. Rupees on the date of

payment.

3. In case of death of the purchaser, the amount of principal and or profit accrued on these certificates is

payable to nominee(s) or legal heirs, if so desired?

4. Recently, the sales of Defence Savings Certificates and Special Savings Certificates have been started by the branches of HBL and UBL Operating in UAE after the grant of regulatory permission by the Central Bank UAE for sale of these securities of Government of Pakistan. The sale of these certificates would also be started in other countries as and when necessary regulatory permission is accorded by the Central Bank of the respective countries.

nss

Documents

defence savings certificates

profit payable

date of purchase

national savings centre

years maturity

completion of period

case of deposit

popular scheme