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KVP

Kisan Vikas Patra

Interest Rate: 7.5%
⏱️Tenure: 9 years and 7 months
💰Min: ₹1,000

Learn in Detail About KVP

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Overview

Kisan Vikas Patra is a savings certificate scheme where your money gets doubled in approximately 10 years and 4 months.

Key Features

Minimum Amount₹1,000
Maximum AmountNo Limit
Tenure9 years and 7 months
Interest Rate7.5%

Eligibility Criteria

  • Any individual can invest
  • Joint investment allowed
  • Minor through guardian

Benefits

  • Money doubles in 9 years and 7 months
  • No maximum limit
  • Transfer allowed
  • Nomination available

🏛️Tax Information

Interest earned is taxable. No TDS deduction.

Quick Calculator

Quick Facts

  • • Fixed interest rate of 7.5%
  • Compound interest
  • • Tenure: 9 years and 7 months
  • • Government guaranteed returns

💡 Pro Tip

Use our calculator to compare different investment amounts and see how your money grows over time.