The history of National Savings Organization dates back to the year 1873 when the Government Savings Bank Act, 1873 was promulgated.
Till December, 1971, the National Savings Organization functioned as a Publicity organization and its activities were merely promotional in nature. But in early 1972, the scope of its activities was enlarged as the Central Directorate started selling II-Rupee Prize Bonds, and subsequently engaged in the operations of other savings schemes. This resulted in considerable expansion of the National Savings Organization.
At present, this Organization has a total sanctioned strength of 3,365 employees in various grades and its main component units are as under:
a) Central Directorate of National Savings, Islamabad;
b) Directorate of Inspection and Accounts, Islamabad;
c) Training Institute of National Savings, Islamabad along with a sub-Training Institute at Karachi;
d) 12 Regional Directorates (located at Peshawar, Abbottabad, Rawalpindi, Gujranwala, Lahore, Faisalabad, Multan, Bahawalpur, Sukkhar, Hyderabad, Karachi, Quetta);
e) 366 National Savings Centres scattered all over the country.