Kisan Vikas Patra (KVP)

iAbout This Scheme

Kisan Vikas Patra is a savings certificate scheme that doubles the invested amount in approximately 115 months (9 years 7 months) at the current rate of 7.5% per annum compounded annually. Originally launched for farmers, it is now open to all resident Indians. It is available at post offices and designated banks.

🎁Key Benefits

• Money doubles in approximately 115 months at 7.5% p.a.
• Minimum investment ₹1,000; no upper limit
• Available at all post offices and designated banks
• Can be transferred between individuals
• Can be pledged as collateral for loans
• Premature encashment allowed after 2.5 years

✅Eligibility Criteria

• 1
  Any resident Indian individual
• 2
  Minor accounts allowed through guardian

📝How to Apply

❓Frequently Asked Questions