Senior Citizen Savings Account Profit Rates in Pakistan 2026: Behbood 12.96%, Alfalah, Allied, Soneri and Meezan (Bank List)

For senior citizens in Pakistan, National Savings Behbood Savings Certificates pay the most, 12.96% a year or Rs 1,080 a month on Rs 100,000. Among banks, Bank Alfalah's Care Senior Citizen Account pays 10.80% from November 2026, and Allied Bank and Soneri Bank pay 10.50% on their senior accounts. Meezan's Islamic Senior Citizen Account declared 6.79% for October.

We read the rate sheets of National Savings, Bank Alfalah, Allied Bank, Soneri Bank and Meezan Bank on 4 November 2026. Rates are yearly, before tax and Zakat. Most banks do not pay seniors more than everyone else on savings. The real differences are in fee waivers and in monthly income products, which we list below.

Behbood pays seniors 12.96%, more than any bank account

Behbood Savings Certificates pay 12.96% a year, paid monthly at Rs 1,080 on every Rs 100,000, from 21 October 2026. They are open to senior citizens, widows and persons with disabilities. The minimum is Rs 5,000 and the maximum Rs 7.5 million.

Behbood is a government scheme, so the promise is the state's rather than a bank's. See how to buy Behbood Savings Certificates, and the Behbood rate history for how often it changes.

Bank Alfalah Care pays seniors 10.80% from November 2026

Bank Alfalah's Care Senior Citizen Account pays 10.80% on balances from Rs 10,000 to Rs 10 million, with profit every month. Balances under Rs 10,000 earn 10.55%, and amounts above Rs 10 million earn 9.50%. That is slightly more than Alfalah's ordinary PLS savings at 10.50%.

Alfalah also offers a Senior Citizen Mahana Amdan term deposit, listed with the ordinary Mahana Amdan. It pays 10.95% for 1 year, 10.80% for 2 years and 10.95% for 5 years, monthly, from a minimum of Rs 100,000.

• Under Rs 10,000: 10.55%.
• Rs 10,000 to Rs 10 million: 10.80%.
• Above Rs 10 million: 9.50%.

Allied and Soneri senior accounts pay the ordinary 10.50%

Allied Bank's Senior Citizen Account and Soneri's Sahara Account both pay 10.50%, the same as each bank's PLS Savings. Allied's rate rose from 10.00% in October. Above Rs 10 million, both pay 9.50%.

So the senior label at these two banks does not add profit. Choose them for service, branch access or fee waivers, not for rate. Allied Bank's November sheet lists the senior account on the same line as PLS Savings, Asaan, Khanum and Freelancer accounts.

Meezan seniors get free SMS alerts and a free Gold card

Meezan's Senior Citizen Account declared 6.79% for October 2026, the same as its ordinary savings account. Meezan is an Islamic bank, so its savings rate is a profit share declared after each month and runs well below conventional banks. Its senior certificates pay more: 9.55% for COII 1 Year Senior and 10.12% for the Aamdan Certificate Senior.

Meezan's July to December 2026 schedule of charges gives senior citizens two free services. Branch SMS alerts, which cost others Rs 2,800 a year, are free. The first Visa Gold debit card is issued free, though the annual fee still applies. Our Meezan Bank charges list has every other fee.

How a senior citizen can pick the right account

Most retired savers want steady monthly income and easy access. Follow these steps:

1. Put money for monthly expenses in Behbood if you qualify, for 12.96% paid monthly.
2. Keep 2 to 3 months of spending in a bank savings account for quick withdrawals.
3. If you prefer a bank, compare Alfalah Care at 10.80% with your own bank's senior account.
4. Ask about free services: SMS alerts, debit cards, cheque books and doorstep banking.
5. Name a nominee or keep a clear will, so your family can claim the money later.

SBP also has rules on how banks must serve elderly, blind and disabled customers. Read your banking rights as a senior customer.

Common questions

Which bank gives the highest profit to senior citizens in Pakistan?

Of the sheets we read, Bank Alfalah's Care Senior Citizen Account pays 10.80% and its Senior Citizen Mahana Amdan 10.95% for 1 year. National Savings Behbood pays more, 12.96%.

How much does Behbood pay on Rs 10 lakh a month?

Rs 10,800 a month before tax at 12.96%, from Rs 1,080 per Rs 100,000 on the National Savings rate card.

Do senior citizen bank accounts pay more than normal savings?

At Allied and Soneri, no, they pay the same 10.50%. At Bank Alfalah, Care pays 10.80% against 10.50% on PLS savings.

What is the Meezan Senior Citizen Account profit rate?

6.79% declared for October 2026, the same as Meezan's ordinary savings account.

Who can buy Behbood Savings Certificates?

Senior citizens, widows and persons with disabilities, according to National Savings. The minimum investment is Rs 5,000 and the maximum Rs 7.5 million.

How we verified this

What we checked, where we read it, and what we could not confirm.

We read on 4 November 2026: the National Savings rate notice for 21 October 2026 on savings.gov.pk, Bank Alfalah's deposit rate sheet, Allied Bank's November 2026 projected rates, Soneri Bank's rupee rate sheet, and Meezan Bank's profit rate sheet and schedule of charges. The Rs 10,800 figure is our arithmetic. UBL and HBL had no November sheet we could read today, and other banks are not part of this comparison.