Naya Pakistan Certificates (for Roshan Digital Account Customers)Naya Pakistan Certificates (for Roshan Digital Account Customers)

Naya Pakistan Certificates (for Roshan Digital Account Customers)

Bank Alfalah is proud to serve Pakistan in its growth and prosperity by facilitating Roshan Digital Account customers with this attractive investment opportunity with ease & convenience through a simple online process.

Naya Pakistan Certificates (NPCs) are high-interest yielding sovereign investment certificates issued by the State Bank of Pakistan (SBP) for Foreign Currency Value Account holders (FCVA) and Pakistani Rupee Value Account holders (NRVA).

Along with lucrative returns for investors, these certificates also provide NRPs with an opportunity to contribute towards development of a progressive Pakistan. Customers have the option to subscribe to various tenors ranging from 3-Months to 5-Years.

Key Features

  • Offered in multiple currencies; PKR, USD, GBP, and EUR.
  • Short and long-term investment tenors of 3-Months, 6-Months, 12-Months, 3-Years and 5-Years
  • Fully and easily repatriable
  • No Zakat deduction
  • Premature encashment option
  • Option to raise Financing against Naya Pakistan Certificates pledged as a security.
  • High returns of up to 21.50% p.a in PKR & up to 9% p.a in FCY on your investments in multiple currency denominated certificates

Profit Rates*

Tenor PKR Rate USD Rate GBP Rate EUR Rate
3 Months 21.00% p.a 8.25% p.a 7.25% p.a 6.25% p.a
6 Months 21.25% p.a 8.50% p.a 7.50% p.a 6.50% p.a
12 Months 21.50%p.a 9.00% p.a 8.00% p.a 7.00% p.a
3 Year 17.50% p.a 8.00% p.a 7.50% p.a 6.50% p.a
5 Years 15.00% p.a 8.00% p.a 7.50% p.a 6.50% p.a

These new rates will only be applicable on NPC bookings made from 1st September 2023 and onwards.
*Subject to W.H.T of 10% currently and subject to change as per the directives of SBP.

Minimum Investment

  • USD/GBP/EUR Denominated Certificates – Min USD/GBP/EUR 1,000 with multiples of 500 thereon
  • PKR Denominated Certificates – Min PKR 10,000 with multiples of PKR 1,000 thereon

For any further queries, be sure to check out our FAQs, email us at or contact us at our 24/7 dedicated helpline; +92 21 111 225 226.

For further information on Roshan Digital Account from State Bank of Pakistan, please visit or email at


  • Naya Pakistan Certificates (NPCs) are sovereign investments issued by the State Bank of Pakistan (SBP) on behalf of Government of Pakistan (GoP) while Bank Alfalah Limited is only acting as a distributor and sub-custodian of these certificates in Pakistan.
  • The short-term certificates of 3-Month, 6-Month and 12-Month tenors shall be zero-coupon securities on which principal and profit shall be paid either on maturity or on premature encashment. Whereas, the long-term certificates of 3-Year and 5-year tenors shall be coupon bearing securities with periodic profit payment on half-yearly intervals or as determined by SBP.
  • In case of Premature Encashment, rate of return payable shall be equivalent to rate of return of the nearest completed tenor. In case of encashment within 3-months of investment, no return shall be paid thereof.