{"id":53904,"date":"2024-01-29T18:28:07","date_gmt":"2024-01-29T18:28:07","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/qaumi-bachat-bank-latest-profit-rate-for-defence-savings-certificates\/"},"modified":"2024-01-29T18:28:07","modified_gmt":"2024-01-29T18:28:07","slug":"qaumi-bachat-bank-latest-profit-rate-for-defence-savings-certificates","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/qaumi-bachat-bank-latest-profit-rate-for-defence-savings-certificates\/","title":{"rendered":"Qaumi Bachat Bank latest profit rate for Defence Savings Certificates"},"content":{"rendered":"<div>\n<figure class=\"featuredimg\">\n <\/p>\n<p class=\"captionimg\">Qaumi Bachat Bank latest profit rate for Defence Savings Certificates<\/p>\n<\/figure>\n<\/div>\n<div>\n<p>Qaumi Bachat Bank, also known as the National Savings Organization, holds the position of Pakistan\u2019s largest financial institution with a portfolio exceeding Rs3.4 trillion.<\/p>\n<p>Serving over four million customers across the nation, the bank has been involved in fostering a savings culture and contributing funds for government needs, including budgetary deficits and infrastructure projects.<\/p>\n<p>Among its varied range of offerings, the bank provides Defence Savings Certificates, open to both Pakistani nationals and overseas Pakistanis.<\/p>\n<p>These certificates have a 10-year maturity period and are available in denominations ranging from Rs.500 to Rs.1,000,000.<\/p>\n<p>Interested customers can acquire Defence Savings Certificates by depositing cash, cheques, drafts, or pay orders at the Issuing Office.<\/p>\n<p>Although the certificates can be encashed at any time post-purchase, no profit is payable within the first year. It\u2019s important to note that taxes apply to these certificates.<\/p>\n<p>In a recent development, the bank updated the profit rates for various products, including Defence Savings Certificates. The current profit rate for Defence Savings Certificates is reported to be 14.1%.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Qaumi Bachat Bank latest profit rate for Defence Savings Certificates Qaumi Bachat Bank, also known as the National Savings Organization, holds the position of Pakistan\u2019s largest financial institution with a portfolio exceeding Rs3.4 trillion. Serving over four million customers across the nation, the bank has been involved in fostering a savings culture and contributing funds [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":53905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.bolnews.com\/wp-content\/uploads\/2024\/01\/FotoJet-2024-01-29T223749.444.jpg","fifu_image_alt":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-53904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/53904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=53904"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/53904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/53905"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=53904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=53904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=53904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}