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Actually video starts from 17:00 by the way good video

@farasatmuhammadkhan2919

2 жыл бұрын

❤️

new subscriber - looking for these kinds of videos - love the way you structured the video and explained and replied to everyones comments - very much appreciated!

Finally something makes sense. Thank you so much.I think I know a number of single ladies living in uk who do not know how to invest or save other than sending money to their relatives. I will certainly share.Looking forward for more of useful stuff from you. Jazak Allah khair.

@WaliKhan_2k

2 жыл бұрын

Thanks for the kind words - there are many other videos on the channel for multiple financial literacy topics :-) Please let them subscribe the newsletter too :-)

Got answers to lot of confusion about the investment certificates. You got a loyal subscriber, very nice and informative video. Need to watch all of you videos now. Bohat bohat suhkaria

@WaliKhan_2k

2 жыл бұрын

Thanks for the kind words :-)

Love the information you provided in your video. I subscribed to your channel only for this reason.

Agree with Wali, HBL service and support is Amazing. They called me (Canada) to see any issues if I'm having.

Its great informative video bro, which force me to comment appreciate ur hardwork for others. Appreciated😊😊

@WaliKhan_2k

2 жыл бұрын

Thanks for your comment :)

Great work Wali bhai. Background music issue has resolved as well. Keep it up

Really thoughtful & amazing video, having myself Finance background.

@WaliKhan_2k

3 жыл бұрын

thanks for the comment :-)

Thanks Wali for sharing your experiences. I chose HBL based on your advice and apart from normal delays, I am happy with the experience. After keeping the account for some time, I have placed the first order for NPCs but still waiting for their representative to approve the purchase. Looking forward to a positive outcome.

@WaliKhan_2k

2 жыл бұрын

I don’t tolerate more than 1 working day delay for issuing NPC. I write a strong email keeping the main email of HBL in loop and second day, I loop in SBP in case it’s delayed. So far I’m always within max 2 days target to get NPC issued :-)

Thanks Wali. This is very helpful

@WaliKhan_2k

2 жыл бұрын

Thanks for your comment :)

Thanks for providing such a valuable information.

@WaliKhan_2k

2 жыл бұрын

Glad it was helpful :-)

very informative and honest information. well done and keep it up.

@WaliKhan_2k

3 жыл бұрын

Thanks for kind words :-)

@hotikhan

3 жыл бұрын

Your Welcome

Nice video,Jazaq Allah khair keep it up.....

@WaliKhan_2k

3 жыл бұрын

Thanks for the kind words :-)

Thanks for guidence.

nice video, informative & to the point. Excellent Educated Accent.....No fazool gup shup,,,

@WaliKhan_2k

3 жыл бұрын

Thanks for the feedback.

Great wali Khan

Dear Wali Khan Sir , thanks for Sharing RDA Details ,,,,,, Like this Video will guide to all GCC Pakistanis to invest in a better way ,,, Allah Bless U ,,,,,,,,,,,,,,,,,,, Ameen

@WaliKhan_2k

2 жыл бұрын

thanks for the comments :)

@sheikhimran6383

2 жыл бұрын

@@WaliKhan_2k You are Most Welcome Sir ,,,,,

Very good Information. Appreciated 👍

@WaliKhan_2k

3 жыл бұрын

Thanks for the comment :-)

Great job bro

Great work 👍

Do I need to add RDA in my FBR Iris system’s bank account tab? If no return needed to be file fir RDA, only adding bank account info would be sufficient or not needed?

@WaliKhan_2k

3 жыл бұрын

No, you don’t have to declare the RDA

Excellent ! Did you research how much charges may applied when you take back USD from RDA account ? Also there is any mechanism the amount in normal account in Pakistan loop back to RDA account thx

@kaykann7880

3 жыл бұрын

Local account cannot be credited to RDA. Loop back to RDA must be remitted/credited outside of Pakistan.

Great 👍

@WaliKhan_2k

2 жыл бұрын

Thank you! Cheers!

Aoa Wali sb. Given the massive change in fed rates / PKR RDA returns / Pak economic situation, it's a good time to do an updated version of this video. Oh, and HBL is a terrible option now (having used RDA with HBL and Meezan, I highly recommend Meezan).

@WaliKhan_2k

Жыл бұрын

Good idea, will try to make a video on my updated strategy soon :)

@leoaliali

9 ай бұрын

@@WaliKhan_2kHi Wali bhai, have you already created the updated video of this topic? If yes kindly suggest please!

A new updated video has been uploaded which is anniversary special for the Roshan Digital Account - watch it here: kzread.info/dash/bejne/eZx_wa2RdZy7iqg.html

Thx for sharing. Could u plz inform me that, if r expatriate and open the RDA including naya Pakistan certificate. After u left the abroad and go back to pk. Then how we can withdraw either deposit. Plz advise. Thx

@WaliKhan_2k

3 жыл бұрын

Hello, thanks for commenting. Once you are back to Pakistan - the account remains active for a long period of time (currently there is no SOP to close such account). You can simply withdraw the amount u want like you are doing currently. For adding up funds, I’m afraid you can’t do that as you would be back in Pakistan - however, someone else can deposit from abroad if you want.

Thanks for this informative video. Suppose we invest in USD with the intention to use profits as running income (let's say after 3 months) in a foreign country. What costs will be incurred to bring money back to our bank account in a foreign country?

@WaliKhan_2k

2 жыл бұрын

There are cost implications both while sending in USD and repatriating the USD back - However, it depends on the country you reside in as there is no charge imposed by the government in Pakistan - All the charges are imposed by the intermediate bank mostly which will entirely depend on the situation you are in. I recommend not to repatriate or send small amount in USD to avoid large %age of fee compared to transferred amount.

Subscribed🙂

Wali bhai, in this video you advised if we have "more money" we should invest in both certificates. Could you pls pitch a number of how much initial capital could be a reasonable amount to invest in both certificates?

@WaliKhan_2k

3 жыл бұрын

I would say split 70/30 depending on if ever you want to repatriate back from Pakistan than it should 70% usd else if you would not be repatriating back then 30% USD. Reasonable amount to invest... depends on your current cash amount that you can invest.

Salam Ali bhai. Agr Roshan digital account main paisy pary aur at a time nikalwany par jaty hain kahi invest krny k liye ya plot leny k liye 20lac. To kya hum transfer kr skty hain other bank main us k koi charges to nahi hoon gy. Kyun k ab withholding Tex b khatm ho gya hai , please guide me

I would Recomend Faysal Bank.!!! Easy process and not too many documents needed. Only Important documents and they give you fast response and less objections. !!! For Roshan Digital Account!!

@WaliKhan_2k

2 жыл бұрын

thanks for your input :)

Salam wali khan sb just need to know if funds can be transferred into roshan digital account by third pary like moneygram ,remitly western union etc or it should be bank to bank only. Thanks.

@WaliKhan_2k

2 жыл бұрын

Wasalam, it does not have to be through your own bank as I have tried exchange houses as well. But I am not sure about WU or moneygram as of now.

Very well described! I have a question, how much corresponding bank charges are deducted while transferring USD to RDA from gulf or Saudi Thanks

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching out. The corresponding bank charges vary from 35 aed to 150 aed depending on the remitting bank and corresponding bank. I managed to waive those charges when negotiating the transfer which was a large amount. That’s why for usd transfer it’s recommended to have a large transfer to avoid charges and in worst case if charges do occur, you don’t feel that much in %age terms.

@masifdada

3 жыл бұрын

@@WaliKhan_2k thanks

Thanks for sharing. Can we invest in naya pakistan certificate from meezan bank roshan digital pkr "SAVING", account or its more better to invest from mezan bank roshan digital "current", account... I mean is there some deduction or hidden charges if we invest from saving account?

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching out. You can invest either through current or savings account in RDA. It’s advisable to open a savings account and then invest through that in NPC as in that way any residual period when you are not invested in NPC will also get you profit. There is no hidden charges of savings account, but pls check RM on this too.

Well sir, it's quite an insightful video on the pros and cons of NPC, kudos to you! I got so impressed that I bought NPC via Meezan bank in the last week. Though process of buying NPC was painless but as a confirmation & evidence about my investment I have nothing so far from the bank other than just an email confirmation. Do I suppose to get a digital/physical form of certificate? What did you get when you bought your NPC? I would appreciate your time to respond this. Thank you

@WaliKhan_2k

3 жыл бұрын

I am glad that the videos help you. Please note that as most of the banks currently don't have the direct connection with state bank for NPC issuance - they rely on manual emails and certificates. Just make sure you keep the email safe for future reference.

@UsmanKhan-of9vf

2 жыл бұрын

Check your online meezan bank account. You can view your NPC there.

Dear brother , can we transfer money rda account to any other rda account ? same or different currency ?

I need your suggestion badly as I am going to open RDA in couple of days

Wali sahib I’m little confused is it like saving account and then they pay interest. also if you want to withdraw all cash when can you do this.

@WaliKhan_2k

2 жыл бұрын

I didnt get you?

Thank you for the video. Could you please guide me that if I buy Naya Pakistan certificate in PKR for the 5-year term, and somehow have to withdraw my certificate after 10 months. How shall the profit rate be applied? Is it 11% for first 6 months and 9.5% (or whatever is it for nearest shorter term) for the next 4 months? Or I will only be paid the profit for the first 6 months only? Thank you

@WaliKhan_2k

3 жыл бұрын

Thanks for commenting. So if you invest for 5 years term and withdraw after 10 months, you will get the profit after 6 months @ 5 years rate, but when you are withdrawing at the 10th month, you will receive the profit rate @ 6 months (pro-rata for 4 months) minus the additional profit you received at the 6th month accordingly.

It was really a good and insightful video. I have recently opened RDA in FC, can i still invest in NPC in PKR? Also let us know how to invest in stocks through RDA, broker selection and its risk & returns.

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching me out. You cannot directly invest in stocks through RDA. For that you show your interest in opening a CDC account to your bank's RM and they should facilitate in opening up the account.

Very nice video

@WaliKhan_2k

2 жыл бұрын

Thanks for the comment :-)

I have a different question if we deposit for 5 years so can we take our profits every month or of 3 momhth or of 6 month or of one year with out take our investment???

@WaliKhan_2k

2 жыл бұрын

For 5 years, you get the profit every 6 months and the investment can be withdrawn any time you want - the excess profit will be deducted accordingly.

Thank you very much Wali bhai for search and informative video. I m UAE resident I have few questions to ask 1. If I invest in Naya Pakistan Certificate, upon maturity will the principal plus interest be credited to my RDA? 2. If the answer to the above point is yes then can I transfer the money from my RDA to UAE bank account? If yes how much will be the charges for say from HBL to ENBD? 3. Can I withdraw money from 5 years NPC after one year, in this case how much interest will be paid to me? 4. After I open RDA how can I deposit USD in it so that I can purchase NPC from those proceeds. Thanks in advance for taking time to read and for your valuable feedback. Cheers!

@WaliKhan_2k

2 жыл бұрын

Hello, thanks for the comment - let me reply to you one by one: 1 - Yes, the profit with be credited on term basis (whatever length you have selected) - principal will be credited at the maturity only back to RDA. 2 - This depend on bank to bank - They will not charge anything from Pakistan, but if the account is a USD denomination, than there might be fee involved from 50 to 130 AED per transaction, but again it will depend on a lot of factors. 3 - This calculation is available publicly on different currencies and tenures. I am making a new video on this topic based on my last 1 year experience - will come soon. 4 - If you opened a USD account, it would be better that you contact your bank in UAE about your intentions as then they might give you preferential rates. As transfer from UAE to USD in PKR will attract multiple fees in the range of 50 to 200 aed depending on a lot of factors.

Wali Bhai, I'm a 19 y/o NRP so excuse my ignorance but is the profit issued per month or per year? I mean will I get 11% profit at the end of every month or every year?

@WaliKhan_2k

2 жыл бұрын

Good to hear from you. There are multiple tenures for which you can apply for NPC. If, lets say, you apply for 5 years PKR NPC, you will be paid out (11% - tax) payouts on annual basis [But the amount will be disbursed every 6 months]

@zoro6256

2 жыл бұрын

@@WaliKhan_2k Thanks! And could you highlight some avenues where youngsters or university students like me can invest? (in pakistan)

Thank u for the informative video, I have a small question regading 6 month earning by you. The 10 mil invested by you six months ago gave you nearly 50k profit in 6 months but at the same time pkr value dropped nearly the same amount so what is the advantage ? I am a noob in financials i may be wrong.

@WaliKhan_2k

2 жыл бұрын

Thanks for your comment - You are right in that sense, NPC and fixed incomes are never good for long term investments - You must only invest to achieve a goal which might be short term or long term just to park your investments. I will upload a video within a couple of weeks on the pros and cons of investing in USD for NPC which eliminates the PKR depreciation concern - BUT has some other issues. At the same time, you must understand compounding - as you grow, you reinvest the profits too, which can ultimately beat the depreciation. Video on compounding: kzread.info/dash/bejne/fZmtys2uZduffLA.html Recent video on Naya Pakistan Certificate: kzread.info/dash/bejne/eZx_wa2RdZy7iqg.html

@aliqaseem6331

2 жыл бұрын

@@WaliKhan_2k thank you. Will look forward to your video.

Thank you Wali Khan for clarifying so many questions, I think 7% of 5000 becomes 350 and not 3500

@WaliKhan_2k

2 жыл бұрын

You are right, it was a mistake :) and thanks for the comment :)

@danishilyas2547

2 жыл бұрын

Brother very month can I get 7% pls clear

@alibukhari2745

2 жыл бұрын

@@danishilyas2547 in USD there are different tenors of 3/6/12 months and you can get profit after maturity. But in 36/60 months tenure you can get profit after every 6 months and can compound again in case you can add more to top up of 5K$.

Kindly make a new video with the revised NPC specially for USD . Thanks

Please advise on 5 year tenor profit is paid every 6 months. How many days do they take to credit the funds into my account? Thanks

How to open regular saving account in Pakistan from overseas? I need to recieve transaction from Pakistan.

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching me out. I believe for regular account you have to be in Pakistan. Otherwise it’s not possible through RDA. Better get in touch with your RM of RDA and ask for all documents when time comes near for your Pakistan visit so that you can open the account in person while visiting.

I have 2 Questions, 1. They will deduction Zakat 2. Will I have to pay tax on the gain in the USA when I file my tax in the USA?

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching me out. I am not sure of the US taxes scenario in this case as wherever you go in the world, uncle Sam will follow you for the taxes. Whenever you open any financial account anywhere in the world, you are asked for FACTA declaration which I believe are for the same reason. With my limited knowledge as you are taxed WHT on profit in Pakistan, you might have to pay the difference on the gains minus WHT paid in Pakistan. For Zakat, no, it is not applicable on RDA account (as far as I am aware)

thank you for the video a question as I have invested 5k Usd does the profit comes the same day or after few days as I invested for three months and my principal is deposited back but no profit ?

@WaliKhan_2k

2 жыл бұрын

I hope the issue is settled?

You mentioned that there was an intermediary bank that provides the cheapest rate for wire transfer. What was the name of that?

@WaliKhan_2k

2 жыл бұрын

Some of my friends transferred from SCB DXB to SCB PK with only 20 AED charges. This might be because its the same bank and they might have some good intermediate bank tariff agreement - BUT I cannot say for sure.

Wali Bhai nice video. I need to clarifications. 1.Can i open two or more RDA/NPC accounts in same currency with same name but different banks. 2. If i move back to pak permanently so can i continue NPC for another 1 year or so on as a investment point of view. Thanks.

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching me out. 1- yes you can. 2- yes, you can continue for sometime, I think 180 days or so (without filing taxes)… but I think you can stretch NPC until they are matured.

very informative video, you mentioned two banks, but my base bank is Samba in Pakistan and i have opened Roshan account there, do you think Samba is a good option? please reply

@WaliKhan_2k

2 жыл бұрын

Thanks for the comment :-) In terms of general services - any bank would work. If your relationship manager is responsive, than there should be no issue.

@samdiamdi8332

2 жыл бұрын

Really appreciated for your reply.

if i invest in 3 year plan and the profit rate i get every 6 month so the 10 % percent tax will deduct on 6 month profit or after one year profit??

@WaliKhan_2k

2 жыл бұрын

Replied to you on the other video :)

Thank you for the video, i have a question since there are profit accounts available in Pak banks that pay monthly profit (close to 6%). What is the difference? I am assuming for someone who wants to use profit in Pak (PKR). I mean why would someone wait for six months to get the same profit?

@WaliKhan_2k

2 жыл бұрын

The profit banks in Pakistan offers in PKR deposits are ~6% while the NPC is offering @ 11% and WHT is also lesser that the regular bank accounts. Moreover, the 7% offered in NPC is on USD deposits - which is not offered anywhere in the world.

@Desihealthpk

2 жыл бұрын

@@WaliKhan_2k thank you very much for the response. I agree this is a wonderful deal for dollar account. I was just hung up on math I guess, for example calculating profit on 1 lakh for both options after one year : For 6% profit account: 100000*.06 = 6000 after 1 year = (6000x12 )= 72000 For NPC at 11% : 100000*.11=11000 after 1 year = (11000x2) = 22000 that's a huge difference, am I missing something here ?

@WaliKhan_2k

2 жыл бұрын

@@Desihealthpk Indeed... Moreover, you missed the WHT. For in country account for non filers i-e 30%, while for NPC, its 10% only.

@quteauz

2 жыл бұрын

@@Desihealthpk I think 6% and 11% profit are yearly profits. 100000x6%=6000p.a and 100000x11%=11000p.a/12

@alibukhari2745

2 жыл бұрын

@@Desihealthpk 100000*0.6=6000 per year & but for RDA NPC 100000*11=11000 per month excluding all taxes.

Thanks for info. I also opened a roshan digital account after watching your video. Kindly can you guide that whats the difference in between islamic naya pakistan certificate and normal naya pakistan certificate. Which one has more profit.

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching out. From consumer stand point, the returns are almost the same in conventional and Islamic NPCs.

sir kya hmare 5 saal poray ho jain pay hm ni nklwate to kya hmain bad main b profit mlti rhe gi agr hm profit ni nklwate to auto reinvace hota rhe ga ya jo hm ne fix ki hai pay usi py profit mlta rhe ga ya to tal pe ml jae ga

@WaliKhan_2k

2 жыл бұрын

you have to reinvest yourself by requesting the bank each time.

One more question, how to open a joint account one person being non earning, when your apply they ask for income from all plus remitting account number

@WaliKhan_2k

3 жыл бұрын

If you are opening a joint account, they will ask for primary applicant salary details and bank information. You don’t have to provide the bank and salary details of the person not employed.

@masifdada

3 жыл бұрын

Thanks 🙏

Dear sir Please guide Naya pakistan certificate need to show or declare in our yearly fbr file as asset or no need.. Thanks and regard

@WaliKhan_2k

2 жыл бұрын

No need dear :)

@GhulamAbbas-bf4we

2 жыл бұрын

Thanks dear For useful informations. Jazzak Allah khair

Assalamualekum if we open roshan digital in dollar.. Can we invest certificates in pkr? N later in dollars.?

@WaliKhan_2k

2 жыл бұрын

Wasalam, The currency you open the account in is the same that you can invest in NPC. So the scenario is not possible as you mentioned.

Nice video but there is a problem we can not send money in our acount rda by ria money gram etc if someone don't have bank acount hiw he will open rda and how can invest

Wali Bhai, Is tax on dividend and capital gain income invested in stocks at PSX by RDA is also 10% ?

@WaliKhan_2k

2 жыл бұрын

No, the dividends and CGT is taxed as per the filer status (even not being filer) for RDA account holders.

@tayyabmalik3894

2 жыл бұрын

@@WaliKhan_2k one more question, if we have more than one RDA account. can we transfer money to cdc account by any of our RD accounts?

@WaliKhan_2k

2 жыл бұрын

@@tayyabmalik3894 the confirmation I have is that you can move funds from one currency to the other within same bank. But moving from one RDA to other, I have it tried myself.

Can you please suggest how could One transfer their inheritance money share or sold family property share from Pakistan to Canada or the US/UK? Thank you!

@WaliKhan_2k

2 жыл бұрын

One can do it from exchange companies with all the paper work completed as per them.

I am with Faysal Bank and citizen of Canada and Pakistan. Faysal bank says I cannot invest in Naya Pakistan certificate even though I am an overseas Pakistani with investments in Canada. The Beaurucracy is stupid even in private banks of Pakistan. What are my options?

Are there any bank charges when getting the money back in UK?

@WaliKhan_2k

2 жыл бұрын

There must be - but it will depend on both banks and intermediate bank too.

Salam Wali bhai....What will happen to the RDA & subsequently to the NPC if a person is no more overseas & returns fully back to Pakistan due to any reason🤔🤔🤔....

@WaliKhan_2k

2 жыл бұрын

Wasalam, NPC will remain for the length of investment you did regardless of your status - just that you need to start filing into your tax returns once you are back in Pakistan for good.

Sir Exit jane pr kia account kam karega.. local account me transfeble he?

@WaliKhan_2k

2 жыл бұрын

Your account will still be working if you go back to Pakistan - just that you have to declare in tax returns.

How to purchase NP certificate online procedure. Do you have any video?

@WaliKhan_2k

2 жыл бұрын

I have not made specific video on how to purchase, but if you are overseas Pakistani, its very easy, just contact any bank in Pakistan (from their website) and someone will contact you and guide you through. Some banks have account opening being completely automated too.

Could you please advise me if I can withdraw money from this Roshan Digital Account while I am being in Pakistan and Holding the debit card of roshan digital account which they sent me to Canada. If I go pakistan can I use that debit card in restaurants or paying garments?

@WaliKhan_2k

2 жыл бұрын

Yes, for sure you can do that.

Thanks Wali for sharing your experiences. Can I transfer the amount to Roshan digital account PKR from Money Exchange from UAE, what are the pros and cons please give some advice on this also transfer fees, etc.

@WaliKhan_2k

2 жыл бұрын

Hello, if you talk about PKR, then there is no issue and you can transfer from any exchange in the UAE or your bank account - whoever gives you the better rates. For USD RDA, there are issues regarding the fee incurred - so you need to see which method serves you best and attracts the least amount of fee.

Mr. Khan, just opened the PKR RDA account in hbl. First money transfer through bank should i send USD because its $40 fees of any amount i can send but if i send PKR the conversion rate very low. Any suggestions?

@WaliKhan_2k

2 жыл бұрын

Hi, are you making the transaction from UAE?

@shazaddossa8046

2 жыл бұрын

US

Can someone please explain what's so special about NPC? I mean regular government bonds also give about 10% interest rate, so what's the catch here? I'm really confused

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching out. Please note the below: 1- Currently the savings certificates government of Pakistan is offering are at max 9.36% (DSC) - That too on a fixed tenure of 10 years. Behbood certificates are not for everyone, those are giving around 11%. NPC offers 11% @ 5 years tenure with very easy early redemption option. 2- The taxation on in country savings scheme starts at 15% and goes up to 30% for non filers. For NPC, the tax is flat 10% on profit. 3- The ease of applying for NPC is phenomenal. Just by the clicks of mouse. The hassle gives everyone cold feet when you want to apply in country for DSC. 4- The reinvestment is very easy, while for savings scheme provided by the government, you need to physically go to their office. 5- Most important of all, the funds you have in NPC can be repatriated back to whichever country you are in easily. You cant do the same with national savings funds. 6- No need of filing any tax returns for NPC assets, while same not true for government schemes. 7- If someone wants to have decent returns from Pakistan being in overseas, one has to be in Pakistan before he can apply - NPC gives instant investment option. There are more benefits, i might have not covered here. Let me know in case you need more information.

@zamarrudgul5042

3 жыл бұрын

@@WaliKhan_2k Thanks for the detailed answer. It’s much appreciated. Please make a video on asset allocation/investment portfolio. For instance, what should be the investment portfolio in the current situation if someone has $100k in savings. Please let me know here in the comment section too.

@WaliKhan_2k

3 жыл бұрын

I will for sure make it. But a similar video was made how different asset classes performed in last 20 years, you can watch that until that time: kzread.info/dash/bejne/fqSJs9ealqvQhKw.html

I am new in your channel and watched some videos but have some queries. This video was 1 yr old when everything was green. Do you still think RDA certificates are good investment opportunity? My relatives have withdrawn $ from dollar account in pak in fear of govt can freeze $ accounts. Today $:has crossed 210 pkr and local interest rate is 15% so those invested from abroad for 11% are in double loss isn't it?

@WaliKhan_2k

2 жыл бұрын

freezing of accounts is not happening. since this video is old - now, I wont recommend anyone to invest in PKR based NPC. However, USD based NPCs are still attractive.

Very informative, i have invested in Naya Pakistan Certificate through Roshan Digital Account (HBL Bank). I have received computerized acknowledgement in PDF file of the investment in NPC. It does not reflect in my online banking platform, is this fine ? Also does State Bank of Pakistan issues any certificate as an acknowledgement ? Thanks in advance.

@WaliKhan_2k

3 жыл бұрын

Thanks for the comment. Yes, as of now most of the banks only send receipts on NPC on email, it’s not yet integrated to bank’s online web portals.

@saimnaveed4169

3 жыл бұрын

@@WaliKhan_2k Big Thanks for your response and information.

Hello, Thanks for an informative video. I have a small query. Say i have a Saudi Riyal account in Saudi Arabia and i open an RDA Dollar account in Pakistan. Do i need to transfer Dollars or i can transfer Riyaal as well which will be converted to Dollar by RDA Pakistani Bank? If i need to send Dollars, what is the process? Do i need to reach out to my Saudi Bank and Ask them to send Dollars instead of Riyaal?

@WaliKhan_2k

2 жыл бұрын

Hi, you need to transfer USD from your own bank - You need to check with your relationship manager before executing the transfer, they might give you preferential rates. Keep in mind there is a fee which would be imposed and cannot be ascertained as it depends on multiple factors - so better to transfer a large amount if possible.

Will your RDA Naya Pak Certificate profits not be deducted in the country in which you are a resident of ? For eg lets say you are a resident of Canada where the tax rate on income is very high (can be 30 to 50% or higher depending on your tax bracket) if you have to declare your world wide income then you pay tax on it I think.

@WaliKhan_2k

2 жыл бұрын

Good question, you need to submit the tax returns in home country, but as the tax is already deducted on the profit in Pakistan, you might have to pay only the difference of that required taxation in Canada.

Hello Wali khan if for example if i buy Naya Pakistan certificate for 100k for 3 months or 6 months what is profit on the 3 months or 6 months. in PKR only

@WaliKhan_2k

3 жыл бұрын

Hello, it will be as follows: 3 months (100k @ 9.5% after tax) = 2137.5/- 6 months (100k @ 10% after tax) = 4500/-

@dpmas7984

3 жыл бұрын

Hello, if 1lac for 6months its 4500RS is it monthly 4500 or only 6months.

@NAVEEDKHAN-cy8ry

3 жыл бұрын

@@dpmas7984 he say 6 months

Is there compounding in this certificates?

@WaliKhan_2k

3 жыл бұрын

Not directly, but you need to make sure you reinvest immediately as you get the profit in order to benefit from compounding.

Wali bhai i have à RDA hbl account and RDA in euro as well. Can you guide me how to convert my PKR into MY Eur RDS via HBL app?

@WaliKhan_2k

2 жыл бұрын

If you have bank account in same bank for RDA of different currencies - you can transfer funds in between, but do check with RM before executing online.

Its make me interested to invest in RDA

@WaliKhan_2k

2 жыл бұрын

Sure, its highly beneficial for expats. :-)

can cdc transfer profits to RDA. i have moved to canada but share were bought(in pakistan)before moving abroad.

@WaliKhan_2k

2 жыл бұрын

No dear, no incoming transfers are possible from anywhere to the RDA.

@tigerkloff

2 жыл бұрын

@@WaliKhan_2k thank you

hi bro. if I deposit 60 million in 6 months. each month 1 million. how I will get the profit. is it possible to get every months profit after completing the above procedure

@WaliKhan_2k

3 жыл бұрын

Hello, if you deposit 1 million per month, you will end up getting monthly income after 6 months from each investment as the payouts are after 6 months for each.

I want to open HBL account which Bank is best in UAE Fujairah.Pls tell me. I want to invest 10LAK in PKR how much profit will I get after 6 months.

@WaliKhan_2k

3 жыл бұрын

For PKR, on 10 lacs, you will receive 49,500/- pkr every six months after deduction of tax. HBL is good, you can transfer funds from any exchange being in Fujairah.

Very informative and upto the mark.got and and to various questions for which I was looking for. Sir is there any investment opportunity for expats(saving account/certificates etc) in ksa like UAE.?

@WaliKhan_2k

3 жыл бұрын

Thanks for the comment. Do you mean the investment opportunity by UAE government in UAE or from Pakistani government? Why don't you go for Naya Pakistan Certificate?

@muhammadmohsinfurqan5652

3 жыл бұрын

Yes,I'm planning to go for Naya pak cert.sir what will be the difference if I open RDA saving account rather then opening RDA current account with meezan bank? Thanks for your time and reply.

@WaliKhan_2k

3 жыл бұрын

There is no difference, but I will suggest savings account so that you profit from the days where your are not invested in NPC as well.

@muhammadmohsinfurqan5652

3 жыл бұрын

@@WaliKhan_2k thx u so much. After seeing your video and with these two comments I'm very much clear about this RDA .I will suggest everyone to subscribe this channel for in depth and authentic info. Thx again. Jaza ka Allah o khayer

Ajkal krna chahye invest nsya psk certificate?

Sir naya pakistan certificate mai kitny years k liye pesy rakhny party hain?

@WaliKhan_2k

3 жыл бұрын

You have a lot of options - from 3 months minimum to maximum of 5 years.

Kya hm Apna RDA account Pakistan me use kar sKty Hai mera matlab Ke Pkr Deposit or withdrawal kar sakty hai?

@WaliKhan_2k

2 жыл бұрын

yes, you can.

HBL is amazing Lajawab log

Can I open two accounts one in PK rupees and other in US Dollar?

@WaliKhan_2k

2 жыл бұрын

Yes, not a problem at all.

How can I pay minimum intermediary bank charges for transferring USD from UAE NBD bank to HBL? Recently I transferred 17K USD and they deducted USD70.

@WaliKhan_2k

3 жыл бұрын

It’s a bit tricky. Ask NBD to revert back charges and push them for it. I did that twice and was successful. Tell them for next time you will not do the transaction with them. Unfortunately, although government has built up relations with different banks but still many intermediate banks charge for this usd transaction in USA. One more thing. From what you have told, 79 dollars is too much, it seems the NBD bank has deducted their charges as well as intermediate bank charges, in that case they should atleast revert charges which are charged by them.

@Akmal374

3 жыл бұрын

@@WaliKhan_2k Thanks for the info.. i will try to speak with NBD team..

@turabhassan1080

3 жыл бұрын

@@Akmal374 Otherwise open an account in Standard Chartered Bank. You can transfer money from your overseas SCB account to your Pakistan SCB account with only minimal Fx charges and no other fixed charges

Why SBP not giving full profit? I invested 10000 USD for 3 months in conventional cert and i recieved 1.88 USD short from the actual profit.

@WaliKhan_2k

3 жыл бұрын

I know what exactly you are referring to. I have raised the issue with my bank and they told me that they will come back to me next week.

Can you explain crypto? And whats the pros and cons of investing in that?

@WaliKhan_2k

2 жыл бұрын

I will try to make a video on this topic

Mai Pakistani residential hn or bahir to kpi property ni hai to kia mai RDA certificate ly skti hn??

@WaliKhan_2k

3 жыл бұрын

Unfortunately, the NPC and RDA is for overseas Pakistanis OR people who have declared assets abroad. I would suggest you to look into National Savings OR any good mutual funds if you can take a little bit of risk.

If invested 50 lac for 5 years, hw much profit after 6 month.

@WaliKhan_2k

3 жыл бұрын

Thanks for reaching me out. It should be around 247,500/- pkr in 6 months after tax deductions.

PKR may invest k liye kitna amount ho na chahe ya? Investment pay jo munafa milta hay to Halal hay j haram? Please assist me regarding this. Thanks

@WaliKhan_2k

2 жыл бұрын

for NPC investment in PKR, minimum amount is 100k PKR. Conventional and Islamic, both options available.

7:40 you said for 5kUSD you will get 1700USD in 6 months how is it possible with 7% per anum?

@WaliKhan_2k

2 жыл бұрын

I might have mistaken, but the calculations were made with $350 for one year or 175 usd for 6 months.

Kindly can you share that from which bank you purchased naya pakistan certificate. Also were they conventional naya pakistan certificate or islamic naya pakistan certificate. Which one is more better in terms of more profit?

@WaliKhan_2k

3 жыл бұрын

I used HBL with conventional certificates. The returns are almost the same for both INPC and NPC.

@alishariq7611

3 жыл бұрын

@@WaliKhan_2k thanks for the response. I have also decided for conventional one, as for long term investment suppose for 5 years we can know that on pkr we are getting 11 percent annually where as on islamic one may be it can be decreased next year as they are deciding on monthly basis, so one isn't sure that after 5 years what exact profit he will have on his investment.