Earlier this year, the government reduced the profit rate of five savings programmes run under the Department of National Savings. As a result, the profit rate of savings certificates has decreased by a maximum of 1.96 per cent in a span of one year through two consecutive reductions.
According to the new decision, the maximum profit rate of savings certificates has been fixed from 10.44 per cent to 10.59 per cent from January 1 of this year depending on the type of scheme. This rate will be effective until June 30. Earlier, the maximum profit rate of savings certificates for the period from January 1 to June 30, 2025 was 12.25 per cent to 12.55 per cent.
As before, two stages have been maintained for investors. Investors with less than Tk 750,000 will be in the first stage and investors with more than this will be in the second stage.
According to the government decision, the profit rates of these five schemes - Family Savings Certificate, Five-Year Bangladesh Savings Certificate, Three-Month Profit-Based Savings Certificate, Pensioner Savings Certificate and Post Office Fixed Deposit - have been reduced. However, the profit rates of Wage Earner Development Bond, US Dollar Premium Bond, US Dollar Investment Bond and Post Office Savings Bank General Account have been kept unchanged.
According to the new rates, first-stage investors will receive a profit of 8.76 per cent in the first year, 9.15 per cent in the second year, 9.55 per cent in the third year, 9.98 per cent in the fourth year and 10.44 per cent in the fifth year if they cash out before the maturity of the five-year Bangladesh Savings Certificate.
From January 1 to June 30, 2025, first-stage investors will receive a profit of 10.13 per cent in the first year, 10.64 per cent in the second year, 11.19 per cent in the third year, 11.78 per cent in the fourth year and 12.40 per cent in the fifth year if they cash out before the maturity of the five-year Bangladesh Savings Certificate.
On the other hand, investors in the second phase will receive a profit of 8.74 per cent in the first year, 9.12 per cent in the second year, 9.53 per cent in the third year, 9.96 per cent in the fourth year, and 10.41 per cent in the fifth year if they cash in their five-year Bangladesh Savings Certificate before its maturity.
From January 1 to June 30, 2025, investors in the second phase will receive a profit of 10.11 per cent in the first year, 10.62 per cent in the second year, 11.17 per cent in the third year, 11.75 per cent in the fourth year, and 12.37 per cent in the fifth year if they cash in their five-year Bangladesh Savings Certificate before its maturity.
Investors in the first phase will receive a profit of 9.54 per cent in the first year, 10 per cent in the second year, and 10.48 per cent in the third year if they cash out their profit-based savings certificates every three months before their maturity. From January 1 to June 30, 2025, investors in the first phase will receive a profit of 11.04 per cent in the first year, 11.65 per cent in the second year, and 12.30 per cent in the third year if they cash out their savings certificates before their maturity.
On the other hand, investors in the second phase will receive a profit of 9.50 per cent in the first year, 9.95 per cent in the second year, and 10.43 per cent in the third year if they cash out their savings certificates before their maturity. From January 1 to June 30, 2025, investors in the second phase will receive a profit of 11 per cent in the first year, 11.61 per cent in the second year, and 12.25 per cent in the third year if they cash out their savings certificates before their maturity.
First-stage investors will receive a profit of 8.87 per cent in the first year, 9.26 per cent in the second year, 9.68 per cent in the third year, 10.12 per cent in the fourth year, and 10.59 per cent in the fifth year if they cash out their Pensioner Savings Certificate before its maturity.
