Post Office Kisan Vikas Patra Yojana : In today’s time, people make complete preparations for financial security for their future. Therefore, nowadays people invest in various schemes run by the government and along with keeping their money safe, they also get good returns. In such a situation, today we are telling you about a great scheme of Post Office in which you will get double benefit by investing.
The name of this post office scheme is Kisan Vikas Patra (KVP) Scheme. The money invested in this fantastic scheme will double after a certain time. Apart from this, you will not be at risk of losing money by investing in Kisan Vikas Patra (KVP) scheme. Let us tell you the benefits of Kisan Vikas Patra Scheme of Post Office….
The special thing about Post Office’s Kisan Vikas Patra (KVP) scheme is that in this you are being given 7.5% interest rate by the government. Therefore whatever amount you invest in this scheme doubles in 115 months. In this scheme you have to deposit at least ₹ 1000 every month. This is a condition for minimum investment, but no limit has been set for maximum investment.
Minors below 10 years of age can also open an account in the Kisan Vikas Patra (KVP) scheme of the Post Office. But this account can be opened by the parents of their guardians on their behalf. After this, when he becomes an adult, he becomes the owner of that account.
If you want to open an account in Kisan Vikas Patra (KVP) scheme of Post Office, then you will have to go to the nearest post office. Here you can easily open an account in this scheme by filling the application form and submitting the necessary documents. If you want, you can open a single or joint account under this scheme.
