Interest rates for savings certificate increased, effective from January

The Internal Resources Division under the Ministry of Finance issued a notification on Wednesday.

Through the notification, the government has re-fixed the interest rates of savings certificates.

For the first time in the country, the government has introduced market based interest rates of the five national savings schemes for the period of January to June 2025.   

The interest rates of the five savings schemes will be re-fixed twice a year in line with the interest rates of 5-year and 2-year treasury bonds.

In order to provide equity to the underprivileged people, National Savings Schemes investors have been divided into two new tiers (up to Tk 7.50 lakh and above Tk 7.50 lakh) instead of the earlier three tiers. 

Besides, in case of encashment before the maturity of the investment as before, the interest will be accrued at the annual rate. 

Under the adjustment, investors with up to Tk 7.5 lakh in the five-year Bangladesh Savings Certificate will receive an interest rate of 12.40 percent. For investments exceeding the amount, the rate is 12.37 percent. 

For the three-year Quarterly Profit Savings Certificate, the interest rate for investments up to Tk 7.5 lakh is set at 12.30 percent, while investments exceeding the amount will earn 12.25 percent. 

The interest of the five-year Pensioner Savings Certificate is 12.55 percent for investments up to Tk 7.5 lakh and 12.37 percent for higher investments. 

For the five-year Family Savings Certificate, the interest rate is 12.50 percent for investments up to Tk 7.5 lakh, while investments exceeding this amount will earn 12.37 percent. 

Additionally, for the three-year Post Office Fixed Deposit, the interest rate is 12.30 percent for investments up to Tk 7.5 lakh, and 12.25 percent for investments above the amount.