Defence Savings Certificates Scheme

Defence savings certificate

Defence Savings Certificate (DSC)

The Government of Pakistan and Central Directorate of National Savings introduced Defence Savings Certificates scheme in the year 1966. To satisfy the financial needs of long-term class investors and provide them with the opportunity to take the maximum gain in their financial savings. The scheme has particularly been designed to meet the future requirements of the depositors with a maturity period of 10 years.

Main Points of Defence Savings Certificates

Categories Certificates
Starting Date 1966
Maturity 10 Years
Investment Limit No Limit
Beneficiaries Widows & Senior Citizen
Denomination 500/-, 1000/-, 5000/-, 10000/-, 50000/-, 100000/-, 500000/-, 1000000/-
Mode of investment Cash & Cheque

Profit Rate Revised

Defence Savings Certificates are available in the denominations of:

  1. Rs. 500/-,
  2. Rs.1000/-,
  3.  Rs. 5,000/-,
  4. Rs. 10,000/-,
  5. Rs. 50,000/,
  6. Rs. 100,000/-,
  7. Rs. 500,000/-,
  8.  Rs. 1,000,000/-

Also, Read other Related Schemes of National savings.

  1. Regular Income (RIC)
  2. Behbood Savings (BSC)
  3. National Savings Organization Pakistan

Defence Savings Certificates

Who Can Invest in Defence Savings Certificates?

All Pakistani nationals in addition to overseas nationals can purchase Defence Savings Certificates. Being an adult single, a minor with father or mother and adults together, where the Payment may be received both by each jointly or anyone of the holders. an adult also can purchase Defence Savings Certificates on behalf of a single minor, two minors collectively or as a joint with a minor. institutions may additionally invest their employees’ associated funds which include pension, gratuity, superannuation, contributory provident fund and trusty fund etc.

How to Purchase Defence Savings Certificates?

Defence Savings Certificates can purchase from any National Savings Centre (NSC), Pakistan Post Office (PPO) or authorized branches of Scheduled Banks and the State Bank of Pakistan (SBP) by filling Form in the SC-I.

Application Form which available free of cost from all the above issuing offices.

Documents Required with the Application Form.

Adult Pakistanis

  • A copy of the Computerized National Identity Card (CNIC).

Overseas Pakistanis

  • A copy of National Identity Card for Overseas Pakistanis (NICOP) or Pakistan Origin Card (POC).


  • A copy of Form B or Child Registration Certificate (CRC) as issued by NADRA.

Institutional Investors

  • An attested copy of NTN Certificate or Institutional Registration Certificate (IRC).

Foreign Nationals

  • A copy of the Passport.

To download application form please click here 

Mode of Deposit For Defence Savings Certificates

Defence Savings Certificates can be purchased by depositing cash or cheque/ draft/ pay-order at the Issuing Office. The Certificate shall be issued immediately against cash payment. However, in case of deposit through cheque/ draft/ pay-order, the Certificate shall be issued on the date of realization of the cheque/ draft/ pay-order after receiving the clearance advice.

Investment Limit

Minimum: Rs.500/.

No maximum investment limits.


Defence Savings Certificates are encashable at par any time after the date of purchase. However, no profit is payable if encashment is made before completion of one complete year. DSCs issue/purchase/re-invested on or after November 15, 2010, shall not re-invested on maturity.

Rate of Return or Profit rates

For rates click here

Tax and Zakat

The rate of tax to deducted as follows.

Filers: 10% of the yield/ profit.

Non-Filers: 17.5% of the yield/ profit; however, the rate shall be 10% if the yield or profit paid is less than Rs. 500,000/.

Zakat deducted at source as per rules.



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