Income certificate is issued to the citizen by the government, as an evidence confirming their annual income and testifying all sources of the income. Income certificate used as a legal proof for availing various subsidies and schemes.

HOW TO APPLY

1. Regular Income certificate (RIC) can be purchased from any National Savings Centre (NSC), Pakistan Post Office (PPO) or authorized branch of a Scheduled Bank and the State Bank of Pakistan (SBP)
2. Request and pay for the form the SC- 1 (Application form) and read through the instruction carefully then fill it correctly.Application Form
3. RIC can be purchased by depositing cash at the Issuing Office or by presenting a cheque/ draft/ pay-order. The Certificate shall be issued immediately against the cash payment. However, in case of deposit through cheque/ draft/ pay-order, the Certificate shall be issued with effect from the date of realization of the cheque/ draft/ pay-order after receiving the clearance advice.
4. Applicant should note that there is an investment limit of Minimum: Rs. 50,000/-No maximum investment limits
5. Submit to the attending officer, the filled application form and attach all the required document
   

NOTE

• RIC can be enchased at any time and service charges   shall be deducted on the following rates: RIC can be enchased any time after issuance subject to the deduction of service charges If enchased before completion of 1, 2, 3 and 4 years from the date of issue: then 2 %, 1.50%, 1%, and 0.50% service charges of the face value shall be deducted. There will no service charges after the completion of 4 years.
• The Certificates issued/ purchased/ reinvested on or after November 15, 2010 shall not be reinvested on maturity.

For rates : link

• 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/-.

Any investment made in RIC shall be exempt from compulsory deduction of Zakat at source

The filled application form should be accompanied by the following documents

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)
  

Minor

• 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

Central Directorate of National Savings
23-N, Savings House, G-6 Markaz,
Civic Centre, Islamabad.Pakistan
Ph. # 051-111-267-268, 051-9215741(43 & 48)
Fax 051-9215761
email : info@savings.gov.pk
URL : www.savings.gov.pk

Regional Directorate of National Savings, Peshawar.
Building No.1, Mian University Road,
Tehkal Payan, Peshawar.
Phone # 091-9218337-38, Fax # 091-9218336

Regional Directorate of National Savings, Abbottabad.
Savings House,
Opposite Modernage Public School & College
Mansehra Road, Supply Bazar,
Abbottabad Cantt.
Phone # 0992-9310486, 0992-9310488, Fax # 0992-9310487

Regional Directorate of National Savings, Islamabad.
Premises No. 12-L Sitara Market, Markaz G-7, Islamabad.
Phone # 051-9253082-83, Fax # 051-9252485

Regional Directorate of National Savings, Gujranwala.
28-A, Satellite Town, Gujranwala.
Phone # 055-9200422, 9200345, Fax # 055-9200352

Regional Directorate of National Savings, Lahore.
29/30-F, Gulberg-II, Lahore.
Phone # 042-99263030-31, Fax # 042-99263033

Regional Directorate of National Savings, Faisalabad.
650-D, Peoples Colony No.1, Faisalabad.
Phone # 041-9220465-66, Fax # 041-9220465

Regional Directorate of National Savings, Multan.
Building No.20-B, Opposite Govt. Girls High School,
Gulgasht Colony, Multan.
Phone # 061-9210238, 061-9210240, Fax # 061-9210239

Regional Directorate of National Savings, Bahawalpur
3-C, Rashid Minhas Road, Model Town-A, Bahawalpur.
Phone # 062-9255151-53, Fax # 062-9255152

Regional Directorate of National Savings, Sukkur.
Opposite Al-Faisal Medical Centre, Military Road, Sukkur.
Phone # 071-9310241-42, Fax # 071-9310247

Regional Directorate of National Savings, Hyderabad.
Bungalow No.5, Muslim Co-operative Housing Society,
Opp. Sindh Museum, National Highway, Hyderabad.
Phone # 022-9240095-93, 9200345, Fax # 022-9240095

Regional Directorate of National Savings, Karachi
Shahrah-e-Faisal, Shaeed-e-Millat Chowk, Karachi.
Phone # 021-34556463, 34544503 Fax # 021-34535591

Regional Directorate of National Savings, Quetta.
Building NO 5-B , Model Town, Quetta Cantt. Quetta.
Phone # 081-9201726,9201706 Fax # 081-9202818

• All Pakistani Nationals as well as Foreign Nationals can purchase RICs being a single adult, a minor or two adults jointly where the payments can be received either by the both jointly (Joint-A) or any one of the holders (Joint-B). An adult can also purchase RIC on behalf of a single minor, two minors jointly or as a joint with a minor. Institutions may also invest their Employees’ related funds such as pension, gratuity, superannuation, contributory provident fund and trusty fund.

• The minimum investment limit is Rs.50, 000/-, however, there is no maximum investment limit in this scheme.

Five years' maturity scheme

Application Form pdf

Download Application Forms

Please attach sample completed documents that would help other people.

Over the counter upon receiving a receipt after pay the desired fee

Videos explaining the procedure or to fill the applications. 
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• These certificates can be purchased from any National Savings Centre (NSCs) or from Pakistan Post Office (PPO) by filling in a prescribed form called SC-1, which is available at all the above offices of issue free of cost.
• A copy of the Computerized National Identity Card (CNIC) or in case of a foreign national, a copy of the Passport may be attached with the application form (SC-I).
  

• Name(s)/ Address of the Purchaser(s)
• N.I.C. No.
• Mode of payment
• Date of birth
• Name address and relationship with the minor of the person who is entitled to cash it on behalf of the minor.
• Number and value of certificates required.
• Mode of cashing it.
• Name of public bodies and individual funds for whom purchased
• Nomination
• Signature(s) or thumb impression(s) of purchaser(s)
• Declaration

• One major purpose of obtaining an income certificate is to avail tax relaxations. Besides, income certificate is used for various educational purposes such as admission, scholarships, fee reimbursement etc. Income certificate should also be furnished to benefit from various welfare schemes implemented by State and Central government.

Income Certificate must be attested by the Nazim/Naib Nazim Union Council/ Chairman Zakat Usher Committee/ Tehsildar/Naib Tehsildar/ DSA/ Chairman of the Concerned Department.

Income certificate acts as a proof of eligibility to various schemes and benefits granted by the State Government in various fields. These fields include but are not limited to:

• Educational institutions that usually have a quota reserved for people from economically poorer backgrounds. This certificate helps them secure admission either free of cost or at a concession.
• Scholarships offered by some institutions/governments targeting the uplift of the poor.
• Ailment of medical benefits like free or concessional treatment, subsidized medicines, financial assistance to mothers who give birth to girl child, etc.
• Obtaining loans from the respective government employers at a concessional rate of interest.
• Providing relief to victims of various natural calamities and disasters.
• Widows who can claim government pension wherever applicable.
• Claiming entitlement to hostels, flats or other such government accommodation.

REGULAR INCOME CERTIFICATES PROFIT RATES

E-COMMERCE INITIATIVE

At the prevailing rates monthly profit of Rs.990/- (excluding withholding tax) is paid on investment of each Rs.100,000/-.
This way the profit rate works to 11.88% p.a.
However, the facility of automatic reinvestment of profit to earn further profit is not available in this scheme.
The monthly profit, if not drawn on due date shall not earn further profit.