Pakistan Post Savings Bank is one of the leading networks of savings bank services across the country. Pakistan Post Savings Bank is serving people across the nation on the behalf of Ministry of Finance. This saving bank has been serving the people by encouraging and mobilizing savings for a long and is working progressively in both urban and rural areas. It is playing a crucial role in rural areas especially rural areas where banking services are not accessible.
Pakistan Post Savings Bank is one of the major savings banks in rural areas due to its widespread network of post offices, Pak Post Saving.
Pakistan Post Savings Bank offers a large number of money-saving bank schemes that are as follows:
1. Pakistan Post Savings Account
There is no maximum limit to investment in a Pakistan post-saving account. Moreover, you can easily transfer your account to any post office branch across Pakistan.
You can check the Pakistan post-saving account profit rate here.
2. Pakistan Post Special Savings Account
It’s a three-year scheme but you can withdraw the investment anytime after one month. There is no limit to investment under the Pakistan post special saving account.
You can check the Pakistan Post Special Savings Account profit rate here.
3. Pakistan Post Savings Bank Mobile Account
You can open this account for just Rs. 2000 and can easily transfer money from one city to another. You can also withdraw 75% of the whole deposit in any GPO in Pakistan. You can also earn deposits and earn profit with the Pakistan Post Savings Bank Mobile Account.
4. Pakistan Post Defence Saving Certificate
Pakistan Post Defence Saving Certificates are issued for ten years but are encashable after one month. You can buy certificates in the denominations of Rs. 500 to one Million and there is no maximum limit of investment. Moreover, these certificates are also transferable from one city and one person to another city and another person.
You can check the Pakistan Post Defence Saving Certificate profit rate here.
5. Pakistan Post Special Saving Certificate
Pakistan Special Saving Certificate is a three years scheme and available in the denomination of Rs. 500, 1000, 5,000, 10,000, 50,000, 100,000, 500,000, and Rs.1,000,000. You can also withdraw the investment after one month and can get a profit at the completion of each period of six months.
You can check the Pakistan Post Special Saving Certificate profit rate here.
6. Pakistan Post Regular Income Certificate
It’s a five years regular scheme and is available in the denominations of Rs. 50,000, 100,000, 500,000, 1,000,000, 5,000,000, and Rs. 10,000,000. On the one lakh rupees investment you can get the Rs. 740 monthly profit that is subjected to a 10% withholding tax.
You can get the profit on a monthly basis.
You can purchase this certificate on both on and single and joint basis.
There is no maximum limit of investment and this account is exempted from zakat deduction as well.
This Pakistan Post Regular Income Certificate has been particularly intended to meet up the requirements of pensioners, widows, orphans and etc.
You can check the Pakistan Post Regular Income Certificate profit rate here.
