SBP limits minimum savings return to Rs10m balances
The State Bank of Pakistan will restrict applicability of the minimum rate of return on saving deposits to natural persons (individuals) maintaining a monthly average balance of up to Rs10 million, according to a circular issued by the central bank.
July 06, 2026 (MLN): The State Bank of Pakistan will restrict applicability of the minimum rate of return on saving deposits to natural persons (individuals) maintaining a monthly average balance of up to Rs10 million, according to a circular issued by the central bank. The instructions, effective from August 01, 2026, mean that the minimum profit rate requirement earlier notified vide BPRD Circular No. 05 and...