​​​​Post Office Saving Schemes

Post Office Saving Schemes

Kisan Vikas Patra (KVP)

  • Amount Invested matures in 113 months.
  • Rate of Interest 7.6%.
  • ​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 Account Minimum Deposit Maximum Deposit
Kisan Vikas Patra (Available in denominations of Rs 1,000, 5000, 10,000 and Rs 50,000.)INR. 1000/-No limit