Govt Struggling to Afford National Savings Centres Across Pakistan

National Savings has identified 111 centres as inefficient and financially unsustainable and directed regional offices to prepare intends to either reduce their costs or rise business and deposits.

Key points

• 11 1129 Tehkal Bala, Pesh Peshawar 1, 774.44 10.92 0.62% Expensive.
• 1 1105 Cantt-2, Pesh Peshawar 4, 667.60 13.02 0.28% Expensive.
• 2 1118 City-1, Pesh Peshawar 4, 520.77 12.64 0.28% Expensive.
• 7 1124 City-7, Pesh Peshawar 3, 408.47 13.24 0.39% Expensive.
• 8 1120 City-3, Pesh Peshawar 2, 434.43 10.01 0.41% Expensive.

Under the new criteria, National Savings has set an operational cost benchmark of Rs. 2, 500 for every Rs. 1 million in deposits held by a centre.

Centres considered unviable may be closed completely and merged with nearby functional centres.

Sr No NSC Code Name of NSC Name of Region Portfolio (In Million) Total Expenditure (In Million) Expenditure to Portfolio Ratio Category.

3 1107 DIK-2 Peshawar 2, 449.12 7.75 0.32% Expensive.

4 1110 Karak Peshawar 2, 853.59 9.05 0.32% Expensive.

5 1106 DIK-1 Peshawar 3, 698.10 12.23 0.33% Expensive.

6 1104 Charsadda Peshawar 2, 096.83 7.49 0.36% Expensive.

9 1102 Bannu-1 Peshawar 2, 210.14 9.42 0.43% Expensive.

10 1109 Jehangira Peshawar 1, 123.80 6.13 0.55% Expensive.

12 1101 Akora khattak Peshawar 1, 505.89 10.77 0.72% Expensive.

13 1125 Risalpur Cantt Peshawar 1, 191.71 9.47 0.79% Expensive. 14 1127 Shabqadar Peshawar 613.21 5.65 0.92% Expensive.

15 1113 Lakki Marwat Peshawar 1, 007.19 10.78 1.07% Expensive.

16 1126 Serai Naurang Peshawar 502.20 6.57 1.31% Expensive. 17 1128 Tank Peshawar 483.98 6.73 1.39% Expensive.

18 1210 Ghazi Abbottabad 2, 917.98 7.38 0.25% Expensive.

19 1222 Mingora Abbottabad 3, 976.45 10.06 0.25% Expensive.

20 1203 Abbottabad-III Abbottabad 3, 291.57 8.89 0.27% Expensive.

21 1225 Nawanshehr Abbottabad 2, 267.63 6.46 0.28% Expensive.

22 1213 Haripur-II Abbottabad 4, 085.49 12.72 0.31% Expensive.

23 1215 Havelian Abbottabad 2, 473.46 8.15 0.33% Expensive.

24 1221 Mardan-II Abbottabad 3, 007.71 11.11 0.37% Expensive.

25 1207 Batkhela Abbottabad 2, 147.02 8.03 0.37% Expensive.

26 1230 Hassanabdal Abbottabad 1, 888.66 7.49 0.40% Expensive.

27 1232 Khaplu Abbottabad 1, 061.01 5.24 0.49% Expensive.

28 1228 Shinkiari Abbottabad 1, 079.76 5.93 0.55% Expensive.

29 1208 Chitral Abbottabad 1, 094.83 6.29 0.57% Expensive.

30 1322 Murree Islamabad 3, 797.64 10.01 0.26% Expensive.

31 1306 Khayaban Islamabad 3, 836.52 10.37 0.27% Expensive.

32 1341 Bharakahu Islamabad 2, 368.07 9.06 0.38% Expensive.

33 1417 Malakwal Gujranwala 3, 203.90 8.08 0.25% Expensive.

34 1425 Sangla Hill Gujranwala 2, 961.95 8.25 0.28% Expensive.

35 1421 Pasroor Gujranwala 3, 139.67 10.27 0.33% Expensive.

36 1422 Phalia Gujranwala 2, 312.46 7.61 0.33% Expensive.

37 1403 Farooqabad Gujranwala 1, 992.40 6.57 0.33% Expensive.

38 1423 Pindi Bhattian Gujranwala 1, 133.97 7.74 0.68% Expensive.

For now, govt Struggling to Afford National Savings Centres Across Pakistan remains the part of the story worth watching, and further updates are likely as more details are confirmed.