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Special Savings Certificates

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Special Savings Certificates

Special Savings Certificates

The government of Pakistan has started a unique investment policy of Special Savings Certificates (SSCs). Moreover, its establish come on February 4, 1990, in the maturity period of three years and investing National savings. Furthermore, this unique investment's primary purpose is to provide ample investment opportunities to small and medium savers. Through this policy, the small and medium savers will fulfil all their periodic financial requirements. Moreover, you can enjoy the SSCs denomination within such limits:

  • Rs. 500/- Rs.1000/-  Rs. 5,000/- Rs. 10,000/- Rs. 50,000/-  Rs. 100,000/-  Rs. 500,000/- Rs. 1,000,000/-

You will gain interest later from the complete schedule of six months as it is a specific payable process.

Who will Invest?

SSCRs can buy all Pakistani citizens as well as Foreign citizens. Single young, a juvenile, or two immature together can invest. Moreover, they recompense and get there from together (comprising-A) and single (cooperatively -B) owners. A young will also buy SSCs from only one juvenile, second juvenile, and a cooperatively form along with a single child.

SSCs can get from forms or approved lines of a Scheduled Bank. Moreover, you can buy easily from every National Savings organizations and the Pakistan Post Office. However, these SSCs can also buy from Pakistan's specific State Bank by checking to SC-1 registration documents. Best accessible without any charge through most of authorizing centres referred to it above. What are the necessary documents?

These are necessary documents with an application form of Special Savings Certificates. So, these documents are as below:

For Young Pakistanis:

Come here with a simulate of the copy of National Identification Card.

For foreign Pakistanis:

Overseas Pakistanis always come here with a copy Pakistan Identification Card (POC). Or come with a computerized of the National Identity Card for Foreign citizens of Pakistan (NICOP).

For Minor :

Every minor requires a file require Child Registration Certificate, i.e. CRC or B form that issued NADRA.

For Institutional Investors :

Every institutional certificate registration (IRC) or NTN registration requires a single copy.

For foreign citizens :

All foreign citizens require a one-copy passport for an application form.

To download application form in editable Adobe Acrobat format, please click here.

You can buy SSC from deposition cash at Issuing Office or can offer a draft cheque and from offer-order. Moreover, registration can nearly instantly also given oppose the transfer of money. While in the event of bank account by cheque/ draft and order. Therefore, the Certificate and National savings will provide concerning the rate on which the cheque. Otherwise, the reason for selecting pay-order is making on the acceptor of the certificate guidance.

  • The smallest investment in SSCs is only Rs 500 Rupees.
  • But, you can invest without any limit for the maximum amount.

After the date of buying SSCs at par, any time is encashable. However, there is no benefit payable. Suppose such collection is done already from the schedule of six months. Moreover, without payment assistance will transfer for the recurrent expenditure of such registration. Registration release /bought/reinvested on and later from November 15, 2010, cannot reinvest upon retirement.

The tax rate to be issued is as shown in: Filers:

When the durable Profit is Rs 500,000/- or higher than Rs 500, 000/-.Then the tax on such money will be 15%. But if the durable Profit is less than Rs 500,000/-. Then the rate of WHT is 10% on such Profit.

Non-Filers:

If the benefit payments made is Rs 500,000/- or higher. The rate is 30 per cent on that Profit. Although in issue benefit is less than Rs 500,000/- the quality of WHT shall 20% of the production. As per rules, Zakat will obtain at the source.

Who can invest in SSC?

SSC can buy every Pakistan citizens, foreign citizens, and non-resident Pakistanis.

What is the SSC maturity period?

The SSC period of maturity is 03 years.

What are the available denominations?

The denominations of SSCs are these:

Rs. 500/-  Rs.1000/-  Rs. 5,000/- Rs. 10,000/- Rs. 50,000/-  Rs. 100,000/- Rs. 500,000/- Rs. 1,000,000/
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A great opportunity is providing from the government of Pakistan through the policy of Special Savings Certificates. Everyone can play an important role through their investment and get a lot of Profit. In this way, you can earn a lot of money and fulfil all your financial needs. Come here and achieve a bright future quickly and straightforwardly of investment. Special Savings Certificates (SSCs) come through three years maturity period on February 4, 1990. The primary purpose of establishing Special Savings Certificates is to provide the best opportunities for small and medium savers. So, National savings and people invest doing in this process to fulfil all the periodic financial requirements. Come here and built up a bright name and society.

Come here and fulfil all your financial requirements. Easy and straightforward ways available for SSCs purchasing. Moreover, you can purchase it from many places like every National Savings Centre and National Post Office of Pakistan. Therefore, we also facilitate you by purchasing from Pakistan Post Office (PPO), the State Bank of Pakistan, and an authorized branch of a Scheduled Bank. Pakistani adults need only one computerized of the National Identity Card due to its application form. But, Overseas Pakistani requires a copy of NICOP and POC for the application form. A minor need Form B or CRC that issued from NADRA. Come here and strong your financial condition.

A brilliant opportunity is providing the government of Pakistan to secure your future and healthy you financially. It is also an excellent chance to invest your money for six months and get a Profit. But, you will get a Profit after perfect of every schedule of six months.  You will buy it through continuing SSC by deposing cheque, cash, draft, and from paying the order. Immediately Certificate only issued as opposed to the cash payment. The draft, cheque or pay order situation-specific Certificate shall due to realizing the amount later getting excellent advice. So, come here and built up a strong and powerful future base from your investment.

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