Savings certificates gaining popularity as safe investment amid high inflation

PNN News Desk. Dhaka

Due to rising inflation and economic uncertainty, people are increasingly turning to savings certificates as a safe investment option. With fixed returns, low risk, and easy management, it remains a trusted investment method.

Under the National Savings Department of the government, four types of savings certificates are currently available: Family Savings Certificate, Pensioner Savings Certificate, 5-Year Bangladesh Savings Certificate, and 3-Month Profit-Based Savings Certificate.

Officials say the biggest advantage is capital security. Since it is a government liability, investors do not worry about losing money. It is also more stable compared to the stock market.

In many cases, returns are higher than bank deposits, which is increasing investor interest.

Digital systems have made investment easier, and tax deduction at source has reduced complications.

However, due to inflation pressure, many investors are cashing out early.

According to current rules, individuals can invest within certain limits: up to 45 lakh taka in Family Savings Certificate, 50 lakh taka in Pensioner Savings Certificate, and other limits depending on scheme type.

Experts say it remains an important option for small and medium investors due to its safe and fixed return nature.