Kisan Vikas Patra

It is a certificate scheme by Indian post office. It doubles your one-time investment in 10 years and 4 months.

Eligibility

The applicant must be an India, above 18 years of age.

Can Minor Invest in KVP?

An adult can open this account in behalf of the minor.

Types of KVP Certificates Available

Single Holder Type Certificate, Joint ‘A’ Type Certificate, Joint ‘B’ Type Certificate.

Guaranteed Returns

The market fluctuations won't affect the sum you will get. You will get the exact sum guaranteed.

Capital Protection

It is no risk investment. It will be in safe mode and it isn't subject to market risks.

Interest Rate of KVP

The current interest rate is 6.9% p.a. for the Q2 FY 2022-23

Maturity

The maturity period for Kisan Vikas Patra is 10 years and 4 months (124 months).