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Post Office's Golden Scheme: Invest ₹1,000 Monthly, Double Your Money!
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News18•25-09-2026, 12:33
Post Office's Golden Scheme: Invest ₹1,000 Monthly, Double Your Money!
- •The Post Office's Kisan Vikas Patra (KVP) scheme doubles your investment at a 7.5% annual interest rate.
- •An investment of ₹2 lakh will grow to ₹4 lakh in 115 months (9 years and 7 months).
- •You can start this scheme with a minimum investment of ₹1,000, with no maximum limit.
- •It's an excellent option for investors seeking to grow their money without stock market risks.
- •Premature withdrawal is possible after 2 years and 6 months, but full benefits may not be realized.
Key Questions Answered
The Kisan Vikas Patra (KVP) scheme currently offers an annual interest rate of 7.5 percent, which causes the invested amount to double in 115 months, or 9 years and 7 months.
An eligible Indian resident can open a KVP account individually, or a joint account with up to three adults, and children aged 10 or older can open one in their own name.
Yes, although KVP is designed for long-term investment, accounts can generally be encashed after 2 years and 6 months, though early withdrawal may forfeit full-term benefits.
