Kisan Vikas Patra: Kisan Vikas Patra is a scheme in which money doubles in 10 years. It is said for Kisan Vikas Patra that it gives flexibility to investors along with good returns. Kisan Vikas Patra, which gives double money in 124 months, is a very popular scheme. It is easy to invest in it and also gives good returns.
What is Kisan Vikas Patra
Among the many schemes of the Post Office, the best thing about Kisan Vikas Patra is that it does not require much calculation. In this, you can start investing with a minimum of Rs 1000 and you can deposit the maximum amount.
Investment in Kisan Vikas Patra gives benefit
Currently, 6.9% interest is being given in this scheme.
1000 can be invested in this scheme and there is no last limit to invest.
If you are 18 years of age or above, then single or joint account can be opened.
After investing, you will not be able to withdraw money from this account for at least two and a half years.
Income tax exemption is also available in the scheme of Kisan Vikas Patra.
Know the special rule of Kisan Vikas Patra
KVP certificates can be purchased by an adult for himself and for a minor by two adults. Apart from this, they can also be transferred from one person to another and can also be transferred from one post office to another post office. These can be encashed after two and a half years of purchase of KVP.
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