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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

Get comprehensive insights, tips, and strategies for maximizing your KVP investment

Read Complete Guide

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.

How to Maximize Benefits from KVP?

The KVP is a government-backed savings scheme with guaranteed returns, making it ideal for risk-averse investors. To get the most out of this scheme, invest consistently for the full tenure and avoid premature withdrawals unless absolutely necessary.

With a fixed interest rate of 7.5%, your investment will grow steadily over time. You can also combine this scheme with others like KVP or NSC for a diversified and tax-efficient portfolio.

Use the calculator above to try different investment amounts and durations to plan your future savings better. You’ll be able to compare maturity amounts and see how your money grows over time.

Disclaimer: This article is for educational purposes. Always consult your financial advisor before making investment decisions.

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.