National Rate of return on Savings Schemes has been increased. The rate of return on Pension and Welfare Savings Certificates has been increased.
The rate of return on welfare and pensioners’ certificates has been increased by 1.92%. After the increase, the rate of return on pensioners and welfare has been increased to 12.96%.
The rate of return on savings accounts has also been increased. The increase in the rate of return will be applicable from December 12.