National Savings Profit Rates per Month Calculator
by
National Savings Profit Rates Per Month Calculator
Behbood Savings Certificates (BSC)
Regular Income Certificates (RIC)
Pensioners Benefit Account (PBA)
Shuhada Family Welfare Account
Special Savings Certificate (Average)
Defence Savings Certificate (Average)
Savings Account
Manual Rate Entry (%)
Active Taxpayer (15% Tax)
Non-Active Taxpayer (30% Tax)
Exempt (Behbood/Pensioners/Shuhada)
Calculation Summary
Gross Annual Profit: PKR
Gross Monthly Profit: PKR
Withholding Tax (WHT): PKR
Net Monthly Profit (Take Home):PKR
Understanding National Savings Profit Rates
National Savings (Central Directorate of National Savings – CDNS) is the premier financial institution in Pakistan offering various investment schemes. Calculating the monthly profit rate correctly is essential for retirees and savers who depend on this income for their monthly expenses.
How the Calculation Works
The calculation for the profit follows a standardized formula based on the annual percentage rate (APR) provided by the government. The steps involved are:
Tax Deduction: Monthly Profit × Tax Rate (15% for Filers, 30% for Non-Filers)
Net Profit: Gross Monthly Profit – Tax Deduction
Scheme Specifics
Behbood Savings (BSC) & Pensioners Benefit: These schemes are specifically designed for senior citizens and widows. A major advantage is that they are generally exempt from Withholding Tax (WHT) and Zakat deductions, making the gross profit equal to the net profit.
Regular Income Certificates (RIC): This is a 5-year maturity scheme where profit is paid out on a monthly basis. It is subject to WHT based on your Filer status with the FBR.
Example Calculation
If you invest PKR 1,000,000 in Regular Income Certificates (RIC) at an annual rate of 13.44%:
Annual Gross Profit: PKR 134,400
Monthly Gross Profit: PKR 11,200
Tax (Filer @ 15%): PKR 1,680
Net Monthly Income: PKR 9,520
Note: Profit rates are subject to change by the Ministry of Finance. Always check the latest notification from the official National Savings website for the most current rates.
document.getElementById('schemeType').onchange = function() {
var manualDiv = document.getElementById('manualRateDiv');
if (this.value === 'custom') {
manualDiv.style.display = 'block';
} else {
manualDiv.style.display = 'none';
}
};
function calculateMonthlyProfit() {
var investment = parseFloat(document.getElementById('investmentAmount').value);
var schemeValue = document.getElementById('schemeType').value;
var taxRate = parseFloat(document.getElementById('filerStatus').value);
var annualRate = 0;
if (isNaN(investment) || investment <= 0) {
alert('Please enter a valid investment amount.');
return;
}
if (schemeValue === 'custom') {
annualRate = parseFloat(document.getElementById('manualRate').value);
if (isNaN(annualRate) || annualRate <= 0) {
alert('Please enter a valid annual profit rate.');
return;
}
} else {
annualRate = parseFloat(schemeValue);
}
// Calculation Logic
var annualGross = (investment * annualRate) / 100;
var monthlyGross = annualGross / 12;
var taxValue = monthlyGross * taxRate;
var monthlyNet = monthlyGross – taxValue;
// Display Results
document.getElementById('grossAnnual').innerText = annualGross.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('grossMonthly').innerText = monthlyGross.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('taxAmount').innerText = taxValue.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('netMonthly').innerText = monthlyNet.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('resultArea').style.display = 'block';
}