Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
1.
500
2.
1,000
3.
5,000
4.
10,000
5.
50,000
6.
100,000
7.
500,000
8.
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.
Page 1 of 14
The Finance Division, Govt. of Pakistan, according to the Notification No. F.20(3)GS-I/2014132 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.
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
525
555
585
620
1,050
1,110
1,170
1,240
5,250
5,550
5,850
6,200
10,500
11,100
11,700
12,400
52,500
55,500
58,500
62,000
105,000
111,000
117,000
124,000
525,000
555,000
585,000
620,000
1,050,000
1,110,000
1,170,000
1,240,000
665
725
1,330
1,450
1,620
6,650
7,250
13,300
14,500
66,500
72,500
133,000
145,000
665,000
725,000
1,330,000
1,450,000
16,200
18,400
21,200
81,000
92,000
106,000
162,000
184,000
212,000
810,000
920,000
1,060,000
1,620,000
1,840,000
2,120,000
24,800
124,000
248,000
1,240,000
2,480,000
8 Years
810
920
9 Years
1060
2,120
8,100
9,200
10.600
10 years
1240
2,480
12,400
1,840
Rs.500
530
565
605
655
720
805
Rs.1000
1,060
1,130
1,210
1,310
1,440
1,610
1,820
Rs.5000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
5,300
5,650
6,050
6,550
7,200
8,050
10,600
11,300
12,100
13,100
14,400
16,100
53,000
56,500
60,500
65,500
72,000
80,500
106,000
113,000
121,000
131,000
144,000
161,000
530,000
565,000
605,000
655,000
720,000
805,000
1,060,000
1,130,000
1,210,000
1,310,000
1,440,000
1,610,000
18,200
20,800
24,200
91,000
104,000
121,000
182,000
208,000
242,000
910,000
1,040,000
1,210,000
1,820,000
2,080,000
2,420,000
28,600
143,000
286,000
1,430,000
2,860,000
8 Years
910
1,040
9 Years
1,210
2,420
9,100
10,400
12,100
10 years
1,430
2,860
14,300
2,080
Rs.10,000
Page 2 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
610
670
1,060
1,130
1,220
1,340
5,300
5,650
6,100
6,700
10,600
11,300
12,200
13,400
53,000
56,500
61,000
67,000
106,000
113,000
122,000
134,000
530,000
565,000
610,000
670,000
1,060,000
1,130,000
1,220,000
1,340,000
750
855
1,500
1,710
7,500
8,550
15,000
17,100
75,000
85,500
150,000
171,000
750,000
855,000
1,500,000
1,710,000
9 Years
990
1,165
1,385
1,980
2,330
2,770
9,900
11,650
13,850
19,800
23,300
27,700
99,000
116,500
138,500
198,000
233,000
277,000
990,000
1,165,000
1,385,000
1,980,000
2,330,000
2,770,000
10 years
1,660
3,320
16,600
33,200
166,000
332,000
1,660,000
3,320,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
610
670
745
840
1,060
1,130
1,220
1,340
1,490
1,680
5,300
5,650
6,100
6,700
7,450
8,400
10,600
11,300
12,100
13,100
14,700
16,400
53,000
56,500
61,000
67,000
74,500
84,000
106,000
113,000
122,000
134,000
149,000
168,000
530,000
565,000
610,000
670,000
745,000
840,000
1,060,000
1,130,000
1,220,000
1,340,000
1,490,000
1,680,000
9 Years
960
1,115
1,320
1,920
2,230
2,640
9,600
11,150
13,200
18,500
21,000
24,500
96,000
111,500
132,000
192,000
223,000
264,000
960,000
1,115,000
1,320,000
1,920,000
2,230,000
2,640,000
10 years
1,590
3,180
15,900
30,000
159,000
318,000
1,590,000
3,180,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 3 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
610
665
735
820
1,060
1,130
1,220
1,330
1,470
1,640
5,300
5,650
6,100
6,650
7,350
8,200
10,600
11,300
12,100
13,100
14,700
16,400
53,000
56,500
61,000
66,500
73,500
82,000
106,000
113,000
122,000
133,000
147,000
164,000
530,000
565,000
610,000
665,000
735,000
820,000
1,060,000
1,130,000
1,220,000
1,330,000
1,470,000
1,640,000
9 Years
925
1050
1225
1,850
2,100
2,450
9,250
10,500
12,259
18,500
21,000
24,500
92,500
105,000
122,500
185,000
210,000
245,000
925,000
1,050,000
1,225,000
1,850,000
2,100,000
2,450,000
10 years
1500
3,000
15,000
30,000
150,000
300,000
1,500,000
3,000,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
605
650
1,060
1,130
1,210
1,300
5,300
5,650
6,050
6,550
10,600
11,300
12,100
13,100
53,000
56,500
60,500
65,000
106,000
113,000
121,000
130,000
530,000
565,000
605,000
650,000
1,060,000
1,130,000
1,210,000
1,300,000
700
765
1,400
1,530
7,200
8,000
14,400
15,300
70,000
76,500
140,000
153,000
700,000
765,000
1,400,000
1,530,000
9 Years
850
960
1,120
1,700
1920
2,240
9,000
10,250
11,900
17,000
19,200
22,400
85,000
96,000
112,000
170,000
192,000
224,000
850,000
960,000
1,120,000
1,700,000
1,920,000
2,240,000
10 years
1,340
2,680
14,000
26,800
134,000
268,000
1,340,000
2,680,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 4 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
605
655
1,060
1,130
1,210
1,310
5,300
5,650
6,050
6,550
10,600
11,300
12,100
13,100
53,000
56,500
60,500
65,500
106,000
113,000
121,000
131,000
530,000
565,000
605,000
655,000
1,060,000
1,130,000
1,210,000
1,310,000
720
800
1,440
1,600
7,200
8,000
14,400
16,000
72,000
80,000
144,000
160,000
720,000
800,000
1,440,000
1,600,000
9 Years
900
1,025
1,190
1,800
2,050
2,380
9,000
10,250
11,900
18,000
20,500
23,800
90,000
102,500
119,000
180,000
205,000
238,000
900,000
1,025,000
1,190,000
1,800,000
2,050,000
2,380,000
10 years
1,400
2,800
14,000
28,000
140,000
280,000
1,400,000
2,800,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
530
565
605
655
720
805
1,060
1,130
1,210
1,310
1,440
1,610
5,300
5,650
6,050
6,550
7,200
8,050
10,600
11,300
12,100
13,100
14,400
16,100
53,000
56,500
60,500
65,500
72,000
80,500
106,000
113,000
121,000
131,000
144,000
161,000
530,000
565,000
605,000
655,000
720,000
805,000
1,060,000
1,130,000
1,210,000
1,310,000
1,440,000
1,610,000
9 Years
910
1,040
1,210
1,820
2,080
2,420
9,100
10,400
12,100
18,200
20,800
24,200
91,000
104,000
121,000
182,000
208,000
242,000
910,000
1,040,000
1,210,000
1,820,000
2,080,000
2,420,000
10 years
1,425
2,850
14,250
28,500
142,500
285,000
1,425,000
2,850,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 5 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
535
575
620
675
1,070
1,150
1,240
1,350
5,350
5,750
6,200
6,750
10,700
11,500
12,400
13,500
53,500
57,500
62,000
67,500
107,000
115,000
124,000
135,000
535,000
575,000
620,000
675,000
1,070,000
1,150,000
1,240,000
1,350,000
740
825
1,480
1,650
7,400
8,250
14,800
16,500
74,000
82,500
148,000
165,000
740,000
825,000
1,480,000
1,650,000
9 Years
935
1,075
1,255
1,870
2,150
2,510
9,350
10,750
12,550
18,700
21,500
25,100
93,500
107,500
125,500
187,000
215,000
251,000
935,000
1,075,000
1,255,000
1,870,000
2,150,000
2,510,000
10 years
1,485
2,970
14,850
29,700
148,500
297,000
1,485,000
2,970,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
535
575
625
690
1,070
1,150
1,250
1,380
5,350
5,750
6,250
6,900
10,700
11,500
12,500
13,800
53,500
57,500
62,500
69,000
107,000
115,000
125,000
138,000
535,000
575,000
625,000
690,000
1,070,000
1,150,000
1,250,000
1,380,000
775
880
1,550
1,760
7,750
8,800
15,500
17,600
77,500
88,000
155,000
176,000
775,000
880,000
1,550,000
1,760,000
9 Years
1,010
1,175
1,385
2,020
2,350
2,770
10,100
11,750
13,850
20,200
23,500
27,700
101,000
117,500
138,500
202,000
235,000
277,000
1,010,000
1,175,000
1,385,000
2,020,000
2,350,000
2,770,000
10 years
1,650
3,300
16,500
33,000
165,000
330,000
1,650,000
3,300,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 6 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
535
575
625
690
1,070
1,150
1,250
1,380
5,350
5,750
6,250
6,900
10,700
11,500
12,500
13,800
53,500
57,500
62,500
69,000
107,000
115,000
125,000
138,000
535,000
575,000
625,000
690,000
1,070,000
1,150,000
1,250,000
1,380,000
775
880
1,550
1,760
7,750
8,800
15,500
17,600
77,500
88,000
155,000
176,000
775,000
880,000
1,550,000
1,760,000
9 Years
1,010
1,170
1,365
2,020
2,340
2,730
10,100
11,700
13,650
20,200
23,400
27,300
101,000
117,000
136,500
202,000
234,000
273,000
1,010,000
1,170,000
1,365,000
2,020,000
2,340,000
2,730,000
10 years
1,600
3,200
16,000
32,000
160,000
320,000
1,600,000
3,200,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Value on
completion
of period
1 Year
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
527.50
560.00
600.00
655.00
730.00
830.00
1,055
1,120
1,200
1,310
1,460
1,660
5,275
5,600
6,000
6,550
7,300
8,300
10,550
11,200
12,000
13,100
14,600
16,600
52,750
56,000
60,000
65,500
73,000
83,000
105,500
112,000
120,000
131,000
146,000
166,000
527,500
560,000
600,000
655,000
730,000
830,000
1,055,000
1,120,000
1,200,000
1,310,000
1,460,000
1,660,000
9 Years
955.00
1,110.00
1,300.00
1,910
2,220
2,600
9,550
11,100
13,000
19,100
22,200
26,000
95,500
111,000
130,000
191,000
222,000
260,000
955,000
1,110,000
1,300,000
1,910,000
2,220,000
2,600,000
10 years
1,540.00
3,080
15,400
30,800
154,000
308,000
1,540,000
3,080,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 7 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
535
575
625
690
775
880
1,070
1,150
1,250
1,380
1,550
1,760
5,350
5,750
6,250
6,900
7,750
8,800
10,700
11,500
12,500
13,800
15,500
17,600
53,500
57,500
62,500
69,000
77,500
88,000
107,000
115,000
125,000
138,000
155,000
176,000
535,000
575,000
625,000
690,000
775,000
880,000
1,070,000
1,150,000
1,250,000
1,380,000
1,550,000
1,760,000
9 Years
1,010
1,175
1,385
2,020
2,350
2,770
10,100
11,750
13,850
20,200
23,500
27,700
101,000
117,500
138,500
202,000
235,000
277,000
1,010,000
1,175,000
1,385,000
2,020,000
2,350,000
2,770,000
10 years
1,650
3,300
16,500
33,000
165,000
330,000
1,650,000
3,300,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
@ 13.55% p.a.
Rs.100,000
Rs.500,000
Rs.1,000,000
540
585
640
710
1,080
1,170
1,280
1,420
5,400
5,850
6,400
7,100
10,800
11,700
12,800
14,200
54,000
58,500
64,000
71,000
108,000
117,000
128,000
142,000
540,000
585,000
640,000
710,000
1,080,000
1,170,000
1,280,000
1,420,000
800
915
1,600
1,830
8,000
9,150
16,000
18,300
80,000
91,500
160,000
183,000
800,000
915,000
1,600,000
1,830,000
9 Years
1,065
1,255
1,490
2,130
2,510
2,980
10,650
12,550
14,900
21,300
25,100
29,800
106,500
125,500
149,000
213,000
251,000
298,000
1,065,000
1,255,000
1,490,000
2,130,000
2,510,000
2,980,000
10 years
1,780
3,560
17,800
35,600
178,000
356,000
1,780,000
3,560,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 8 of 14
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
@ 12.60% p.a.
Rs.100,000
Rs.500,000
Rs.1,000,000
540
585
640
700
790
900
1,080
1,170
1,280
1,400
1,580
1,800
5,400
5,850
6,400
7,000
7,900
9,000
10,800
11,700
12,800
14,000
15,800
18,000
54,000
58,500
64,000
70,000
79,000
90,000
108,000
117,000
128,000
140,000
158,000
180,000
540,000
585,000
640,000
700,000
790,000
900,000
1,080,000
1,170,000
1,280,000
1,400,000
1,580,000
1,800,000
9 Years
1,050
1,225
1,425
2,100
2,450
2,850
10,500
12,250
14,250
21,000
24,500
28,500
105,000
122,500
142,500
210,000
245,000
285,000
1,050,000
1,225,000
1,425,000
2,100,000
2,450,000
2,850,000
10 years
1,638
3,276
16,382
32,763
163,815
327,630
1,638,150
3,276,300
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
540
590
645
710
1,080
1,180
1,290
1,420
5,400
5,900
6,450
7,100
10,800
11,800
12,900
14,200
54,000
59,000
64,500
71,000
108,000
118,000
129,000
142,000
540,000
590,000
645,000
710,000
1,080,000
1,180,000
1,290,000
1,420,000
790
885
1,580
1,770
7,900
8,850
15,800
17,700
79,000
88,500
158,000
177,000
790,000
885,000
1,580,000
1,770,000
9 Years
1,005
1,150
1,325
2,010
2,300
2,650
10,050
11,500
13,250
20,100
23,000
26,500
100,500
115,000
132,500
201,000
230,000
265,000
1,005,000
1,150,000
1,325,000
2,010,000
2,300,000
2,650,000
10 years
1,575
3,150
15,750
31,500
157,500
315,000
1,575,000
3,150,000
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
Page 9 of 14
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
Rs.500
Rs.1000
Rs.5000
1 Year
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
8 Years
530.00
565.00
605.00
650.00
700.00
770.00
855.00
960.00
1,060.00
1,130.00
1,210.00
1,300.00
1,400.00
1,540.00
1,710.00
1,920.00
5,300.00
5,650.00
6,050.00
6,500.00
7,000.00
7,700.00
8,550.00
9,600.00
9 Years
1,110.00
2,220.00
11,100.00
10 years
1,300.00
2,600.00
13,000.00
Rs.10,000
10,600.00
11,300.00
12,100.00
13,000.00
14,000.00
15,400.00
17,100.00
19,200.00
Rs.50,000
53,000.00
56,500.00
60,500.00
65,000.00
70,000.00
77,000.00
85,500.00
96,000.00
Rs.100,000
Rs.500,000
106,000.0
530,000.0
0113,000.0
0565,000.0
0
0
121,000.0
605,000.0
0130,000.0
0650,000.0
0140,000.0
0700,000.0
0154,000.0
0770,000.0
0171,000.0
0855,000.0
0192,000.0
0960,000.0
0
0
22,200.00 111,000.00 222,000.00 1,110,000.00
26,000.00 130,000.0
0
Rs.1,000,000
1,060,000.00
1,130,000.00
1,210,000.00
1,300,000.00
1,400,000.00
1,540,000.00
1,710,000.00
1,920,000.00
2,220,000.00
Page 10 of 14
Rs.500
Rs.1000
Rs.5000
525.00
1,050.00 5,250.00
10,500.00
1,050,000.00
560.00
1,120.00 5,600.00
11,200.00
1,120,000.00
595.00
1,190.00 5,950.00
11,900.00
640.00
1,280.00 6,400.00
12,800.00
690.00
1,380.00 6,900.00
13,800.00
1,190,000.0
0
1,280,000.0
0
1,380,000.00
750.00
1,500.00 7,500.00
15,000.00
1,500,000.00
815.00
1,630.00 8,150.00
16,300.00
1,630,000.00
915.00
1,830.00 9,150.00
18,300.00
1,830,000.00
21,100.00
2,110,000.00
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
2,470,000.00
Rs.500
Rs.1000
Rs.5000
Rs.10,000
Rs.50,000
Rs.100,000
Rs.500,000
Rs.1,000,000
520.00
545.00
575.00
610.00
650.00
695.00
1,040.00
1,090.00
1,150.00
1,220.00
1,300.00
1,390.00
5,200.00
5,450.00
5,750.00
6,100.00
6,500.00
6,950.00
10,400.00
10,900.00
11,500.00
12,200.00
13,000.00
13,900.00
52,000.00
54,500.00
57,500.00
61,000.00
65,000.00
69,500.00
104,000.00
109,000.00
115,000.00
122,000.00
130,000.00
139,000.00
520,000.00
545,000.00
575,000.00
610,000.00
650,000.00
695,000.00
1,040,000.00
1,090,000.00
1,150,000.00
1,220,000.00
1,300,000.00
1,390,000.00
750.00
830.00
945.00
1,095.00
1,500.00
1,660.00
1,890.00
2,190.00
7,500.00
8,300.00
9,450.00
10,950.00
15,000.00 75,000.00
16,600.00 83,000.00
18,900.00 94,500.00
21,900.00 109,500.00
150,000.00 750,000.00
166,000.00 830,000.00
189,000.00 945,000.00
219,000.00 1,095,000.00
1,500,000.00
1,660,000.00
1,890,000.00
2,190,000.00
Page 11 of 14
Note: i)
*ii)
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.
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 R u l e 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)
ii)
iii)
A copy of First Information Report (FIR) or "Roznamcha" in case the value exceeds
Rs.10,000.
Application for the issuance of certificates clearly mentioning the circumstances leading
to the loss.
Photocopies of CNIC of the purchaser(s).
Page 12 of 14
iv)
v)
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.
b.
c.
d.
e.
f.
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/2011876 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:
Page 13 of 14
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.
Page 14 of 14