What is Pakistan Banao Pakistan Banao Certificates: What is the scheme and how to invest in it?

[Shahbaz Baig]

Only for Pakistanis those are living abroad.
You can understand after watching the video that How to Apply, what will be the profit and how it is best then United States, Europe, Gulf countries.

Operational Instructions for Investment in Pakistan Banao Certificates (PBCs)


PBC Help desk or send email at [email protected]

Click here for registration

 

[Shahbaz Baig]

Pakistan Banao Certificates: What is the scheme and how to invest in it?

Pakistan
Web Desk
Thu, Jan 31, 2019

ISLAMABAD: Prime Minister Imran Khan on Thursday inaugurated ‘Pakistan Banao Certificates’ scheme to attract investment from overseas Pakistanis to help strengthen the national economy.

What is Pakistan Banao scheme?

According to official twitter handle of Imran Khan’s PTI, the Pakistan Banao Certificates is the first initiative of its kind for Overseas Pakistanis. They get a unique opportunity to safely invest their savings with higher profits rates than United States, Europe, Gulf countries while helping build Pakistan.

Overseas Pakistanis will be able to earn profits from their investment in certificates.

It is a revolutionary initiative of Pakistan government to enable the Overseas Pakistanis to buy the Certificates and their investments will not only drive Pakistan towards progress and prosperity but also they’ll be able to get profits from it.

How to subscribe:

Pakistan Banao Certificates is a sovereign US Dollar denominated retail level instrument, for Pakistanis having bank accounts overseas. The subscription process is easy and completely automated.

Click here for registration

Digital Subscription

PBC is being offered for subscription through a specially designed Web-Portal. The investors first register themselves on the portal and give their investment and bank account details on successful registration. The certificates are issued to the investors electronically on receipt of funds in State Bank of Pakistan Account given on the portal. The investor receives confirmation of the issuance of the certificates both through email and updation of their account on the portal. The investors can view the status of their application by accessing the web-portal through their respective User ID and Password.

Eligible Investors

The holders of any one or more of following documents and having own bank account abroad, are eligible to subscribe the PBCs.

• Pakistani individual having Computerized National Identity Card (CNIC).
• Pakistani individual having National Identity Card for Overseas Pakistanis (NICOP).
• Holders of Pakistan Origin Card (POC).

Minimum Investment Amount:

Minimum investment amount is USD 5,000 or higher in the integral multiple of US$1,000 with no maximum limit.

Profit Rate:

Profit rate on three years plan will be 6.25 percent payable bi-annually

Profit rate on five years plan will be 6.75 percent payable bi-annually

Transfer of Funds:

The investor will remit the intended investment amount from his/her own account outside Pakistan to the SBP account with National Bank of Pakistan (NBP) New York to be notified to the investors on completion of investment details on the portal.

Investors are requested to ensure that the funds reaching the SBP account with NBP New York are equivalent to their intended investment amounts net of bank charges, if any.

Type of Instrument:

PBCs is a scrip-less instrument registered in the Securities General Ledgers Account (SGLA) maintained at State Bank of Pakistan (SBP). PBCs so issued will be residing in an Investor Portfolio Security Account (IPS) of the investor, so as to keep track of investment of each individual investor.

Premature Encashment:

Premature encashment in Pak Rupees can be done anytime without levy or penalty. In case of encashment in USD within first year of issuance, a penalty of 1 percent will be levied

Key benefits

• Profit on bi-annual basis.
• Maturity in USD as well as PKR.
• PKR maturity has an added incentive of 1% on the final premium.
• Can be en-cashed at any time; however encashment in USD within one year of issuance entails 1 percent penalty
• Encashment application will also be submitted online by accessing the Redemption module of PBC portal
• Periodic Profit and redemption proceeds will be sent to the investors’ accounts designated at the time of investment

 

[Young_Blood]

Kya ye Sood nahi? 6.25% Interest,,,

 

[Nice2MU]

Kya ye Sood nahi? 6.25% Interest,,,

پکا پکا سود ہے۔ یہ چول کے بچے کوئی قسط وار پراپرٹی سکیم کھول لیتے تو اچھا تھا۔ سب کے لیے حلال رہتا۔

جس سرمایہ کاری میں نقصان کا اندیشہ نہ ہو وہ سرماکاری حلال نہیں ہو سکتی۔ اسلامی بزنس فکسڈ انکم پہ نہیں چل سکتا۔

 

[Urdu speaking]

اس سے زیادہ پرافٹ تو میزان بینک دیتا ہے ٨.٢٥ اعشاریہ اور وہ بھی پکا پکا حلال

 

[moji538]

I have followinh Questions as overseas Pakistani
1. How profit will be transferred? In bank account in overseas or any bank account in Pak? In which currency?

2. How invested amount will be returned? Which account?

 

[moji538]

اس سے زیادہ پرافٹ تو میزان بینک دیتا ہے ٨.٢٥ اعشاریہ اور وہ بھی پکا پکا حلال

Meezan bank PKR account main daita hay. USD currency main koi bank itna return nahin daita

 

[Urdu speaking]

Meezan bank PKR account main daita hay. USD currency main koi bank itna return nahin daita

او بھائی میزان بینک جو روپیہ میں پرافٹ دیتا ہے اس کو ڈالر میں کنورٹ کرو تو وہ ایک ہزار سے دو ہزار ڈالر زیادہ منافع دیتا ہے سالانہ ایک کروڑ کی رقم پر اور کمرشل بینک تو اس سے بھی زیادہ پرافٹ دیتا ہے ١٠.٢٥ اعشاریہ...یہ سکیم تب بہترین ہے اگر حبیب بینک زیورخ برانچ لندن میں یہ نیویورک میں لوگوں کو سونگس پر وہیں پر ڈالر میں منافع بھی ادا کرے پر ایسا نہیں ہے بانڈز میں

 

[Samlee]

Kya ye Sood nahi? 6.25% Interest,,,

It Would Have Been Much Better To Lower The Interest Rate and Then Refinance The Expensive Debt of Pakistan

 

[Shahbaz Baig]

I have followinh Questions as overseas Pakistani
1. How profit will be transferred? In bank account in overseas or any bank account in Pak? In which currency?

2. How invested amount will be returned? Which account?

Registration is free. After registration you can ask any query at PBC help desk or can send email

PBC Help desk or send email at [email protected]

 

[moji538]

او بھائی میزان بینک جو روپیہ میں پرافٹ دیتا ہے اس کو ڈالر میں کنورٹ کرو تو وہ ایک ہزار سے دو ہزار ڈالر زیادہ منافع دیتا ہے سالانہ ایک کروڑ کی رقم پر اور کمرشل بینک تو اس سے بھی زیادہ پرافٹ دیتا ہے ١٠.٢٥ اعشاریہ...یہ سکیم تب بہترین ہے اگر حبیب بینک زیورخ برانچ لندن میں یہ نیویورک میں لوگوں کو سونگس پر وہیں پر ڈالر میں منافع بھی ادا کرے پر ایسا نہیں ہے بانڈز میں

Dollar accounts locally and internationally never gives such profits. Please calculate profit of Pak rupees of last 5 years of any Pak rupees investment and check difference of dollars rate from 5 years back it was invested. PKR always gives better profit rate due to 3-5 years of rupee devaluation also. Its profit rates cannot be compared with USD. If I invest in dollars now, my dollars after 5 years will give me 33% more return in PKR if I see just historic trend of dollar rate.
As per initial communication, profit will be transferred in USD in foreign account abroad mentioned by investor. I am not sure about details.

 

[Urdu speaking]

Dollar accounts locally and internationally never gives such profits. Please calculate profit of Pak rupees of last 5 years of any Pak rupees investment and check difference of dollars rate from 5 years back it was invested. PKR always gives better profit rate due to 3-5 years of rupee devaluation also. Its profit rates cannot be compared with USD. If I invest in dollars now, my dollars after 5 years will give me 33% more return in PKR if I see just historic trend of dollar rate.
As per initial communication, profit will be transferred in USD in foreign account abroad mentioned by investor. I am not sure about details.

Why you looking at only last 5 years of Pak rupees rate against the dollar to calculate profit? why not considering bank interest rate of that time period?

Sir jee bank interest rate set by state bank of Pakistan will also increase when the dollar value increase against rupees....... means 5 years back time bank interest rate was also high same as compared to today's date.....

look at today's bank interest rate 10.25% similarly if rupees further devalue then obviously bank interest rate will go up as well and now prediction is it will set around up to value 12% soon.

.... And my point is that the profit rate in imran khan scheme introduce 6.25%- 6.75% is lower compare the current commercial bank interest rate 10.25% because i can make more profit with commercial bank rate and then convert into today's dollar rate will still give me much much profit in dollar compare to imran khan scheme profit rate............

And if rupees further devalue in future i will still earning more in rupees and converting into dollar(whatever dollar value will be) because commercial bank interest rate will also go high from 10.25 to 12% or more and giving me more profit in rupees.

meezan bank you can open dollar account, pound account and euro account as well so i can earn profit every months on bonds issue by pakistani banks in rupees with commercial bank rate 10.25% and then convert into dollar every month and put into dollar account...also meezan bank give you profit as well on your dollar account so iam earning double.