Standard Chartered Profit Rates 2026 in Pakistan: 10.00% Minimum on Savings, Every Change Since 2023 and No November Circular Yet
Standard Chartered Pakistan's latest circular sets a 10.00% minimum on PKR savings from 1 May 2026. See every rate change since 2023 and the 2 gaps we found.
Standard Chartered Pakistan's latest published minimum profit rate on PKR savings accounts is 10.00% a year, effective 1 May 2026. That is the newest circular on the bank's own rate revision page when we checked it on 12 November 2026. No November 2026 circular was listed, even though most banks raised savings rates from 1 November.
We opened the Standard Chartered Pakistan "Savings Account Rate Revision" page on the evening of 12 November 2026. It lists 21 circulars, from June 2020 to May 2026. We downloaded the eight newest PDFs and read each one. Below is the current rate, every change since July 2023, a gap we found in the record, and what to ask the bank before you park money there.
Standard Chartered pays a 10.00% minimum on PKR savings
Standard Chartered's circular effective 1 May 2026 says the minimum rate of return on PKR savings accounts was "revised from 9.00% to 10.00%" after a State Bank of Pakistan policy rate change. That is the latest rate the bank has published on its rate revision page.
The circular is one page. It gives one number, the minimum rate, and a phone number for questions: 021-111-002-002. It does not list rates by account or by balance slab. So the 10.00% figure is the floor the bank promises on PKR savings, not a rate for each product.
At 10.00%, Rs 1,000,000 kept for a full year earns about Rs 100,000 before tax, or about Rs 8,333 a month. Tax on bank profit is deducted at source, as our guide to tax on bank savings profit explains.
No November 2026 circular is on the page yet
The State Bank raised its policy rate to 12% on 26 October 2026, and banks had to lift savings rates from 1 November. Standard Chartered's rate page still showed May 2026 as its newest circular on 12 November, so the bank's current rate may already be higher than 10.00%.
Our own report on the 10.5% minimum savings rate from 1 November explains the rule. Bank Alfalah, JS Bank and the Bank of Khyber had already posted new sheets. Standard Chartered had not, at least not on this page.
That does not prove the bank is paying less than the new floor. It may have told customers another way, or the page may simply be behind. But it means you cannot confirm the November rate from the bank's website alone. Call 021-111-002-002, or ask your branch, and get the rate in writing or on your statement.
Every Standard Chartered savings rate change since July 2023
The eight circulars we read show the minimum PKR savings rate falling from 20.50% in July 2023 to 9.50% in June 2025, then rising to 10.00% in May 2026. Each change followed a State Bank policy rate move, as each circular says.
| Effective date | Old rate | New rate |
|---|---|---|
| 1 July 2023 | 19.50% | 20.50% |
| 1 August 2024 | 19.00% | 18.00% |
| 1 October 2024 | 18.00% | 16.00% |
| 1 December 2024 | 16.00% | 13.50% |
| 1 January 2025 | 13.50% | 11.50% |
| 1 February 2025 | 11.50% | 10.50% |
| 1 June 2025 | 10.50% | 9.50% |
| 1 May 2026 | 9.00% | 10.00% |
Two gaps we found in the bank's own record
Reading the circulars side by side shows two gaps. One change from 9.50% to 9.00% is missing from the list, and the Bonus Saver product page still says "up to 09.00%", which is below the 10.00% minimum the bank itself announced for May 2026.
A missing step between June 2025 and May 2026
The June 2025 circular takes the rate to 9.50%. The May 2026 circular says the rate was raised "from 9.00%". So at some point between those dates the rate fell from 9.50% to 9.00%, but no circular for that change is on the page. The jump from July 2023 to August 2024 also skips the step from 20.50% to 19.00%.
The Bonus Saver line is out of date
The same page describes the Bonus Saver Account with the words "Earn a rate up to 09.00% APR". If the minimum on PKR savings is 10.00%, an "up to 9.00%" claim cannot be current. We read it as an old line nobody updated. Treat it as unreliable and ask for the current Bonus Saver rate before you open one.
There is also a small broken link. The February 2023 circular's link does not point to a PDF at all, so that one cannot be read.
Standard Chartered savings accounts listed on the page
The rate page lists seven accounts: SC Digital, SC Sahar for women, High Yield Savings, Bonus Saver, Saadiq Basic Saver, Saadiq Current and the Roshan Digital Account. Only Bonus Saver shows a rate. Saadiq Basic Saver, the Islamic account, says only that profit is paid twice a year.
| Account | What the page says about profit |
|---|---|
| SC Digital Account | No rate shown |
| SC Sahar Women's Account | No rate shown |
| High Yield Savings Account | No rate shown |
| Bonus Saver Account | "Up to 09.00% APR" (out of date, see above) |
| Saadiq Basic Saver (Islamic) | Profit paid twice a year, no rate shown |
| Saadiq Current Account (Islamic) | No rate shown |
| Roshan Digital Account | No rate shown |
For overseas Pakistanis, our Roshan Digital Account profit rates for November 2026 compares the banks that do publish rates. To see how Standard Chartered's fees compare, read our Standard Chartered schedule of charges.
How to confirm your Standard Chartered profit rate
The safest way to confirm your rate is to check the profit credited on your own statement, then ask the bank to confirm the rate in writing. The website alone did not show a November 2026 figure when we checked.
- Open the Savings Account Rate Revision page under "About us" on sc.com/pk and look at the newest circular.
- Check the profit line on your last monthly statement. Divide it by your average balance and multiply by 12 for a rough yearly rate.
- Call 021-111-002-002, the number printed on the circular, and ask for the current rate on your exact account.
- Compare that rate with other banks on our savings rates comparison.
We did not log in to any account or call the bank for this guide. Everything above comes from the public page and its PDFs.
Frequently asked questions
What is the Standard Chartered savings account profit rate in 2026?
The latest circular on the bank's page sets the minimum PKR savings rate at 10.00% a year from 1 May 2026. No newer circular was listed on 12 November 2026.
Did Standard Chartered raise its rate in November 2026?
We could not confirm it. Most banks raised savings rates from 1 November, but no November circular was on Standard Chartered's rate page on 12 November.
How much profit will Rs 10 lakh earn at Standard Chartered?
At 10.00%, Rs 1,000,000 earns about Rs 100,000 a year before tax, or about Rs 8,333 a month.
What is the Bonus Saver Account rate?
The page says "up to 09.00% APR", which is below the bank's own 10.00% minimum. Ask the bank for the current rate.
What is the Standard Chartered helpline for rate questions?
The rate circular gives 021-111-002-002 for questions about the savings rate.
Last checked: 12 November 2026, on the Savings Account Rate Revision page at sc.com/pk and its circulars from July 2023 to May 2026.
About the author
Senior Writer, Public Services and Technology
Shahid joined us in 2024 as an author. He is a senior contributor to Pakistan's leading technology websites. He writes detailed articles, mostly covering his expertise in the latest tech, mobiles, apps, gadgets, and step-by-step guides. His ideology is to help people understand the latest trends and explain complex methods through very easy-to-understand guides.
