Policy Revision on Savings Deposit Rates
The State Bank of Pakistan (SBP) issued BPRD Circular Letter No. 15 of 2026 on July 06, 2026, titled "Launch of InvestPak and Minimum Rate of Return on Saving Deposits". The regulation specifies that beginning August 01, 2026, the mandatory minimum profit rate on savings accounts will apply exclusively to individual account holders who maintain a monthly average balance of up to PKR 10 million.
Individual savings balances exceeding the PKR 10 million threshold, as well as institutional and corporate deposits, are exempted from the mandatory minimum return floor. Independent media reporting indicates that individual accounts over PKR 10 million hold approximately PKR 5.3 trillion, representing nearly a third of all individual savings deposits in Pakistan.
Launch of InvestPak Digital Platform
In tandem with the deposit rate policy, the SBP formally unveiled InvestPak, a web portal and mobile application ecosystem. The platform allows both retail and corporate investors to digitally purchase government debt instruments directly, including Treasury Bills and Pakistan Investment Bonds.
Impact and Actionable Steps for Investors
As commercial banking institutions adjust their deposit strategies, high-value depositors and institutional investors face potential changes to their savings yield rates. Account holders with monthly average balances above PKR 10 million and institutional depositors are advised to consult their financial institutions regarding revised return rates. Additionally, eligible investors can evaluate registering on the InvestPak web portal or mobile application to participate directly in government debt instruments.