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Post Office Kisan Vikas Patra: Invest ₹1 Lakh, Get ₹2 Lakh! Full Details Here
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News18•05-10-2026, 12:11
Post Office Kisan Vikas Patra: Invest ₹1 Lakh, Get ₹2 Lakh! Full Details Here
- •Kisan Vikas Patra (KVP) is a popular small savings scheme offered by the Post Office.
- •Currently, KVP offers an annual interest rate of 7.5% with an investment period of 115 months (9 years and 7 months).
- •Investing ₹1 lakh in KVP can double your money to ₹2 lakh at the end of the maturity period.
- •Minimum investment starts from ₹1000 with no maximum limit; open to citizens aged 10 years or more.
- •KVP accounts can be prematurely closed only under specific conditions and can be used as collateral for loans.
Key Questions Answered
The government has kept the annual interest rate for Kisan Vikas Patra unchanged at 7.5% for the quarter. The investment period is 115 months, which equals 9 years and 7 months, during which the total invested amount doubles.
Any citizen of the country aged 10 years or more can invest in the scheme, with accounts openable individually or jointly by up to three adults. You can start investing with a minimum amount of ₹1,000, and there is no maximum investment limit.
Generally, KVP has a strict lock-in period and cannot be closed prematurely, except under special circumstances such as the death of the account holder, a court order, or mortgage confiscation. Accounts closed after two and a half years are eligible for prescribed interest rules.
