Kisan Vikas Patra Scheme Online : Many people are working! who are planning to invest But they stop! Because they are at risk of losing their money! If you are one of them! So you can apply for Post Office Kisan Vikas Patra Scheme (Post Office KVP Scheme) and invest in Kisan Vikas Patra! Kisan Vikas Patra (KVP) This scheme is best for long term investment! Your money deposited in it will always be completely safe! Also, under this scheme, KVV is credited to its customers. Claims to double the amount in 10 years 4 months (124 months)!
Kisan Vikas Patra Scheme Online
This Post Office KPV Scheme (Post Office KVP Scheme) duration is 124 months i.e. 10 years 4 months! If you have invested in this scheme from 1st April 2021 to 30th June 2021, then your deposited! Lumpsum amount doubles in 10 years 4 months! Kisan Vikas Patra (Kisan Vikas Patra) but you get compound interest of 6.9% annually! (Post Office Savings Scheme) Investment is made in the form of certificate in Kisan Vikas Patra! There are certificates up to Rs 1000, Rs 5000, Rs 10,000 and Rs 50,000! Which can be bought!
Who can open account in KVP : Kisan Vikas Patra Scheme Online
Under this, any Indian person whose age is more than 18 years! What can open your account (KVP Account) in However, there is no upper age limit for opening an account. But under this KVP certificate (Kisan Vikas Patra) can also be purchased in the name of a minor! NRI is not eligible for this (Post Office KVP Scheme) scheme!
Investment limit in Kisan Vikas Patra
You can buy Kisan Vikas Patra Certificate with an investment of at least Rs 1,000! There is no maximum investment limit in this scheme. Means you are planning Kisan Vikas Patra Yojana (Post Office KVP Scheme) you can invest as much money as you want! This scheme was started in 1988. Then its aim was to double the investment of the farmers. But now it has been opened for all! Now that can be said! Farmers have nothing to do with Kisan Vikas Patra (KVP Scheme) at present!
Kisan Vikas Patra Interest Rate
The current interest rate (KVP Interest Rate) has been reduced from 7.6% to 6.9%! The maturity period was also increased from 113 months to 124 months. The principal can be withdrawn only after this period. Here’s an example! Interest rate in KVP on October 1, 2016 is 7.7% Post Office Kisan Vikas Patra (Post Office KVP Scheme) interest but how to get interest on investment of Rs 1,000 and doubles on maturity!
Important Documents for KVP Scheme
Kisan Vikas Patra Scheme (Kisan Vikas Patra Scheme) The following documents are required to take advantage of it!
- Aadhar card
- Voter ID Card
- Composite ID
- passport photo
- Kisan Vikas Patra Form (Kisan Vikas Patra Form)
- Post Office Savings Account (Post Office Savings Account)
- mobile number
Know the benefits of KVP scheme
Kisan Vikas Patra Yojana (Kisan Vikas Patra) has been started to promote savings among people. Every citizen of India can join this scheme. Let us tell you that investing in this (KVP Scheme) scheme will double your money! To double the amount, you have to invest for at least 124 months! Let us tell you that the minimum investment amount for this scheme has been kept up to Rs. Interested persons can invest through this (Post Office Kisan Vikas Patra) scheme even by paying ₹ 1000!
The benefit of compounding is available in the scheme: Kisan Vikas Patra Scheme Online
The most special thing about the Kisan Vikas Patra Yojana (Post Office KVP Scheme) is that compound interest is available on it! In this way, investors get the benefit of compounding in the scheme. You can start investing in this KVP scheme with a small amount of just Rs 1,000! There is no maximum investment limit in this! The facility of Kisan Vikas Patra can be taken in more than 1.5 lakh post offices of the country!