United News of Bangladesh

Across its full suite of savings instruments, sweeping modifications have been rolled out under Bangladesh's National Savings Scheme. One key alteration pertains to the Pensioner Sanchayapatra, which now follows a redefined approach to distributing annual gains. From July 2025, the scheme will operate under a revised model, defining yearly profit margins based on investment volume. Both full-term and premature encashment returns are now clearly stipulated. Let’s delve into the refreshed July-December 2025 interest rate structure of the pensioner savings arrangement. Pensioner Savings Certificates’ Profit Framework for July to December 2025 All existing and new investments, across every category of savings certificate, will be aggregated to determine the applicable rate. The new segmentation, reflecting the framework, is outlined below: i) BDT 7,50,000 or less ii) More than BDT 7,50,000 Read more: July 2025 Interest Rates of Paribar Sanchayapatra under Bangladesh's National Saving Scheme Presented below is the latest rate chart, indicating yearly returns based on investment tier and withdrawal status: Table: Yearly Profit Breakdown by Investment Level – Pensioner Sanchayapatra for July-December 2025  Investment Period (Year) Investments Up to BDT 7,50,000 Investments More than BDT 7,50,000 (BDT 7,50,001 and Above) Profit Rate (%) 1st 9.84 9.72 2nd 10.32 10.19 3rd 10.84 10.70 4th 11.39 11.23 5th / At Maturity 11.98 11.80 . Investors selecting the Pensioner Sanchayapatra with a maximum principal of BDT 7.5 lakh (7,50,000 or below) are entitled to the highest annual return upon full maturity. The corresponding annual rate of return is 11.98 percent (11.98%). For investments exceeding BDT 7.5 lakh (7,50,001 and above), the maximum annual return is slightly reduced to 11.80 percent (11.80%). If the investment is encashed before maturity, the return will be based on the rate structure given in the table. For amounts within the BDT 7.5 lakh limit, the first-year return is 9.84 percent. The second, third, and fourth years offer returns of 10.32 percent, 10.84 percent, and 11.39 percent, respectively. For sums exceeding BDT 7.5 lakh, premature encashment yields 9.72 percent in the first year. The applicable rates for the second, third, and fourth years are 10.19 percent, 10.70 percent, and 11.23 percent, respectively. Read more: July 2025 Interest Rates of 5-year Bangladesh Sanchayapatra under National Savings Scheme Who Benefits from the July-December 2025 Interest Rates on Pensioner Savings Certificates? The updated profit rates apply exclusively to Pensioner Sanchayapatra accounts initiated on or after July 1, 2025. A formal review of the revised rates is set to occur six months following implementation. However, the return rate secured at the time of issuance will remain unchanged throughout the duration of the investment. Therefore, the rate assigned upon purchase is fixed for the entire term. In a Nutshell Modifications to the National Savings Scheme have been implemented for the July–December 2025 period. According to the updated framework, the highest annual return for the Pensioner Sanchayapatra is 11.98 percent at maturity for investments up to BDT 7,50,000. For contributions exceeding BDT 7,50,000, the peak return is revised to 11.80 percent annually. This rate structure applies solely to certificates opened on or after July 1, 2025. Read more: July 2025 Interest Rates of 3-Monthly Profit-Bearing Sanchayapatra under Bangladesh's National Saving Scheme

The 2025 Bangladesh National Savings Scheme sets a new benchmark, offering the most lucrative profit rate ever for Pensioner Sanchayapatra. The rate of return has increased both at maturity and upon early encashment, with notable adjustments in the investment limits associated with these returns. On January 21, 2025, the National Savings Department finalized its decision on tax deduction at source. It provides clarity on the calculation of payouts for different investors. Let’s explore the revised rate of return for pensioner savings certificates (Sanchayapatra) in detail. Pensioner Savings Certificates’ Updated Investment Yields The table below shows the expected profit at the time of encashment and maturity for various investment limits in this 5-year scheme: Table: Revised Return Rates for Different Investment Tiers in Pensioner Savings Schemes Investment Period (Year) Investments Up to BDT 7,50,000 Investments BDT 7,50,001 and Above TDS On Investment up to BDT 5,00,000 (%) Profit Rate (%) TDS on Investment from BDT 5,00,001 to 7,50,000 (%) Profit Rate (%) TDS (%) Profit Rate (%) 1st No TDS 10.23 10 10.23 10 10.11 2nd 10.75 10.75 10.62 3rd 11.31 11.31 11.17 4th 11.91 11.91 11.75 5th 12.55 12.55 12.37 Read more: 5-Year Bangladesh Sanchayapatra 2025: Revised Profit Rates Pensioner Sanchayapatra offers a maximum annual profit of 12.55 percent (12.55%) for those investing up to BDT 7.5 lakh (7,50,000 or below). For investments above this threshold, specifically BDT 7.5 lakh (7,50,001 and above), the profit rate adjusts slightly to 12.37 percent. No tax will be deducted at source for investments capped at a maximum of BDT 5 lakhs (5,00,000) in the pensioner savings scheme. However, if the investment surpasses BDT 5 lakhs taka (5,00,001 or more), a Ten (10%) percent tax will be levied at the source. If the capital is withdrawn before maturity, the interest portion from the total payable returned amount will be adjusted based on the annual rate in the table above. Since this scheme provides monthly profit payments, the highest profit rate applies to savings certificates held for five years. Therefore, if the investment is prematurely encashed, any excess amount already paid will be deducted from the principal. Read more: 3-Monthly Profit-Bearing Sanchayapatra in Bangladesh: Revised Profit Rates in 2025 In the case of early encashments, for investors with up to BDT 5 lakh (5,00,000 or below), the annual interest rate will be 10.23 percent at the end of the first year. There will be no tax at any source here. After the second year, this return will be 10.75 percent. By the third year, the interest rate will be 11.31 percent; after the fourth year, it will reach 11.91 percent. A 10 percent tax at source will be imposed on the profit upon completion of each year of cashing in investments between BDT 5 lakh 1 taka and 7 lakh 50 thousand (5,00,001 - 7,50,000 taka). The profit payable in case of withdrawal of the invested money at the end of the first year will be charged at a rate of 10.23 percent. After the second, third, and fourth years, the profit rate will be charged at 10.75 percent, 11.31 percent, and 11.91 percent respectively. Similarly, those who deposit capital exceeding BDT 7 lakh 50 thousand (7,50,001) taka will also have to pay 10 percent tax at source. For early encashment, the monthly return rate is set at 10.11 percent annually for the first year. It increases to 10.62 percent in the second year, followed by 11.17 percent in the third and 11.75 percent in the fourth year. Read more: Paribar Sanchayapatra 2025: Revised profit rates of Family Savings Certificate in Bangladesh Criteria to Avail the New Profit Rate Only those who purchase pensioner savings certificates on or after January 1, 2025, will receive profits at this revised rate. Who Qualifies for This Savings Plan? - Retired officers or employees of autonomous, semi-autonomous, government, and semi-government organizations- Retired Honorable Justices of the Supreme Court- Retired members of the armed forces- The deceased employee’s spouse, child, or children who have already received pension benefits Upper Threshold The combined provident fund and gratuity can be invested under a single name, at a maximum cap of BDT 50 lakh. Read more: Sanchayapatra interest rate revised: New profit rates of Bangladesh National Savings Certificate in 2025 Further Advantages - Option to withdraw profits every month  - Buyers have the flexibility to appoint a nominee  - In the event of the buyer's passing, the designated nominee can either encash the scheme or retain it until maturity to continue receiving monthly profits In a Nutshell Pensioner Sanchayapatra ensures a maximum profit rate of 12.55 percent at maturity for investments up to BDT 7,50,000. However, for amounts going beyond BDT 7,50,000, the net return rate is adjusted to 12.37 percent. In Pensioner Savings Certificates, no tax applies to the first 5 lakhs, while a 10 percent tax at source is imposed on any amount exceeding this limit. Additionally, early redemption this year provides more favorable returns than in previous periods. Read more: Sanchayapatra at Maturity: Encashment or Renewal of Bangladesh’s National Savings Certificate