​​​​​Post Office Saving Schemes

Post Office Saving Schemes

Kisan Vikas Patra (KVP)

  • Amount Invested matures in 115 months.
  • Rate of Interest 7.5%.
  • Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.
  • KVP can be purchased from any Departmental Post office.
  • Facility of nomination is available.
  • Certificate can be transferred from one person to another and from one post office to another.
  • Certificate can be encash after 2 & 1/2 years from the date of issue.
Kisan Vikas Patra details
Type of AccountMinimum DepositMaximum Deposit
Kisan Vikas Patra (Available in denominations of Rs 1,000, 5000, 10,000 and Rs 50,000.)INR. 1000/-No limit