Government of India has introduced several Saving Schemes for the common people of the country, in which they can invest and get good amount of interest, even amount goes doubled.

If you are thinking of investing your money for a long time then there is a Saving scheme where your money gets doubled in a fixed time period. Yes, this Saving Scheme is – Kisan Vikas Patra i.e. KVP

If you are looking to invest your money in long-term schemes then I think you should invest your money in Post office saving scheme that is kisan vikas patra.




Indian Post Office gives you many such savings schemes, where you earn more interest compare than banks.

Today we are telling you about the same kind of saving scheme of Indian Post Office – Kisan Vikas Patra

What is – Kisan Vikas Patra?

Under the Government of India, Indian Post Office offers many saving plans such as RD, Saving account, NSC, PPF, TD etc. One of the best schemes is – Kisan Vikas Patra.

Many people have misunderstood that this scheme is for farmers only, but in reality it is not so. It is available to all Indian citizens.




What are the benefits of Kisan Vikas Patra, how can you invest in it and how you get your money, all your questions, answered below:

1# Any Citizen of India Can purchase KVP

KVP available for all citizen of India. You can visit any post office to buy KVP certificate.

2# After 115 Months, Money Doubled

After buying Kisan Vikas Patra, your money gets doubled in 115 months i.e. 9 years and 7 months. Yes, if you buy 50,000 Kisan Vikas Patra, you will get one lakh after 115 months.

Depending on you how much amounts of KVP certificate you take, it is certain that your money will be doubled after 115 months.

3 # 7.5% interest Rate

Talking about the interest rate, you are given an interest rate of 7.5%. Those who want to take their money before maturity, will get their money with this interest rate.




4 # Buy Kisan Vikas Patra at any Post Office

You can visit your nearest post office to purchase kisan vikas certificate. Post office available in every area of your city. There is no such rule that you should buy KVP from only your area post office.

5 # Tax-free Scheme

Kisan Vikas Patra is a tax free scheme under Section 80C of the Income Tax Act, 1961. You will get your whole money with interest.

6# Premature Withdrawal Facility

It is not necessary that you will have to deposit money for 9 years, 7 months. Suppose you need urgent money, then you can take the money of your Kisan Vikas Patra with interest after 30 months.

Yes, you can not take money before 30 months.

7# Buy KVP at Rs.1000, 2000, 5000, 50000 Or more (no limits)

You can buy minimum Rs.1000 KVP certificate. There is no such limit of maximum amount, you can buy Rs.1000, 2000, 5000, 50000 or more. Even you can buy 5-10 lac kvp certificate.

8 # Transfer your KVP to other person’s Name

You can transfer your KVP certificate to other person’s name. The maturity amount will be given to that person.

9# After Maturity get Maturity Amount Through Cheque

After completion maturity duration of 115 months (9 years, 7 months), you will get your money through cheque. Just visit your post office with kvp certificate and get your cheque within a week.

How to Buy Kisan Vikas Patra?

Visit your nearest post office with ID proof and address proof. You need to fill form. Pay amount in cash and get your KVP certificate. Keep this certificate with you till maturity.

Kisan Vikas Patra is very good saving scheme for long-term deposit. You can also withdraw money after 30 months. If you are looking bank fix deposit scheme alternative then you should consider on this scheme.

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