Kisan Vikas Patra Schemes : You can invest from 1000 rupees, there is no limit of more amount.
Kisan Vikas Patra – Schemes : If you are looking for a government scheme for the coming future (Government Scheme) then Kisan Vikas Patra (Kisan Vikas Patra) can be a good option! This scheme (Post Office KVP Scheme) Well, you get double money in a few years! Also, there is a rule of thumb guarantee for your money! If you invest 2 lakh rupees in this scheme! So in a few years it will be 4 lakh! Let me tell you how! In Kisan Vikas Patra (KVP) you will get interest at the rate of 6.9 percent!
Let us know if any investor who buys Kisan Vikas Patra withdraws it! So he will not get the benefit of interest! Kisan Vikas Patra (Post Office KVP Scheme) is known as KVP! It is a small savings plan! The Indian Post Office is presented as a certificate! This savings plan is a fixed rate savings plan! The purpose of which is to pass your money once during 124 months (10 years and 4 months)! Any adult or minor can open an account! Also a minor who is more than 10 years older than his name! While three people can open at the same time! You can join the account!
What is Kisan Vikas Patra Yojana ?
Kisan Vikas Patra (Kisan Vikas Patra) scheme is run by the government! In such a way, the security of the money is also fully guaranteed. It has been started to encourage long-term investment and savings among the public! Kisan Vikas Patra Yojana (Post Office KVP Scheme) certificates can be purchased from public sector banks as well as post offices in India!
Special things related to Kisan Vikas Patra Yojana
The age of the person investing in Kisan Vikas Patra Yojana (Post Office KVP Scheme) should not be less than 18 years!
It provides facility of single and joint account! In this, if the account of a minor is to be opened, then the parent has to take care of it!
This scheme is also applicable for trusts except Hindu Undivided Family i.e. HUF or NRI!
Under Kisan Vikas Patra, there are certificates of Rs 1000, Rs 5000, Rs 10,000 and Rs 50,000, which can be purchased!
Eligibility for Post Office Kisan Vikas Patra Scheme
This qualification is necessary for the process of Kisan Vikas Patra scheme!
- Proof of identity
- Aadhaar Card
- But the card
- Voter Eye Card
- Driving license
- Passport
- Also KVP ( KVP ) application form and address proof and date of birth certificate
Know how money will double: Kisan Vikas Patra – Schemes
The interest rate for the Kisan Vikas Patra scheme has been fixed at 6.9 percent for the first quarter of the financial year 2023! If you invest 10 lakh rupees then you will get 20 lakh rupees on maturity after 124 months! To invest in Kisan Vikas Patra Yojana (Post Office KVP Scheme), you can go to the post office and open an account by filling the form!
Apart from this, you can also download the online form if you want! Enter the amount of the purchase amount, your full name and many other details! Kisan Vikas Patra Yojana Single or Joint ‘A’ or Joint ‘B’ (Single or Joint ‘A’ or Joint ‘B’) also choose membership! If you want to nominate someone in this!
The scheme has the benefit of compounding
The most special thing about Kisan Vikas Patra Yojana (Post Office KVP Scheme) is that it gets compound interest! In this way, the investors in the scheme get the benefit of compounding! You can start investing in this KVP scheme with a small amount of just Rs 1,000! There is no maximum investment limit! The facility of Kisan Vikas Patra (Kisan Vikas Patra) can be taken in more than 1.5 lakh post offices of the country!
