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A government scheme that guarantees to double your money. Calculate exactly when your investment will mature.
Kisan Vikas Patra (KVP) is a government-backed savings certificate scheme available at post offices and banks. Its primary feature is that it doubles your one-time investment over a specific period fixed by the government.
As of Q4 FY 2025-26, the KVP interest rate is 7.5%, which means your money doubles in 115 months (9 years and 7 months).
Yes, the interest earned on KVP is taxable. It is added to your annual income and taxed as per your income tax slab. Unlike SSY or PPF, KVP does not offer Section 80C tax deductions.
Yes, premature encashment is allowed after 2 years and 6 months (30 months) from the date of issue. Encashment is also allowed anytime in case of the death of the holder or by court order.
The minimum investment is ₹1,000, and you can invest in multiples of ₹100. There is no maximum limit on investment in KVP.
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