Kisan Vikas Patra (KVP )

Interest payable, Rates, Periodicity etc.

From 01.0 1.2019, interest rates are as follows:-

  • 7.7 % compounded annually
  • Amount Invested doubles in 112 months (9 years & 4 months)
  • Minimum of Rs. 1000/- and in multiples of Rs. 1000/- No Maximum Limit.

Salient features:

  • Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.
  • KVP can be purchased from any Departmental Post office.
  • Facility of nomination is available.
  • Certificate can be transferred from one person to another and from one post office to another.
  • Certificate can be en cash after 2 & 1/2 years from the date of issue.

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