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Investments

Kisan Vikas Patra

Make convenient investments with low-risk returns

Who can Invest

An adult in his own name, or on behalf of a minor A Trust Two adults jointly

Interest Rate

Kisan Vikas Patra bear an interest rate of 7.3%. (Interest rate is subject to change as per govt. notification)

Investment Amount

Minimum - Rs.1,000/- and in multiples of Rs.1,000/- thereof Maximum – No upper limit on investment in KVP

Maturity Period

Investment gets doubled in 118 months or in 9 years 8 months at present rate of interest.(Duration is subject to change as per Interest rates prevailing in the market at the time of investment)

Features and Benefits

KVP will bear interest at 7.3%. Interest is compounded annually. (Interest rate is subject to change from time to time as per govt. notification.)
KVP certificate matures in 118 months or in 9 years 8 months at present rate of interest from the date of issue. (Duration is subject to change as per Interest rates prevailing in the market at the time of investment)
Minimum investment amount is Rs. 1,000 and in multiples of Rs. 1,000 thereof
Yes, KVP certificates are transferrable from person to person, from one post office to another one, anywhere in India.
No, The Non Resident Indians are not eligible to purchase Kisan Vikas Patra as there is no such provision in the rules.
No, The Karta on behalf of the Hindu Undivided Family is not eligible to purchase Kisan Vikas Patra as there is no such provision in the rules.

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