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Post Office's Super Scheme: Money Doubles in 115 Months!
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News18•23-09-2026, 07:11
Post Office's Super Scheme: Money Doubles in 115 Months!
- •For safe, risk-free doubling of money, the Post Office's Kisan Vikas Patra (KVP) scheme is an excellent option.
- •Currently offering a 7.5% compound interest rate, your investment doubles in 115 months (9 years and 7 months).
- •Any Indian citizen can open an account with a minimum deposit of Rs 1,000; there is no upper investment limit.
- •Investors can invest according to their financial capacity, but KYC regulations apply for large sums.
- •Premature closure of the account is allowed under certain conditions, generally after 2 years and 6 months.
Key Questions Answered
The Kisan Vikas Patra (KVP) scheme currently offers an annual compound interest rate of 7.5%, ensuring that your investment doubles in 115 months, which is equivalent to 9 years and 7 months.
A KVP account can be opened with a minimum initial deposit of Rs 1,000, with subsequent investments made in multiples of Rs 100. There is no maximum investment limit specified for the scheme, allowing individuals to invest according to their financial capacity.
Any resident Indian citizen can open a KVP account individually or jointly, and a guardian can also open one on behalf of a minor. The account can generally be closed prematurely after 2 years and 6 months (30 months), or under specific circumstances like the death of the account holder.
