Kisan Vikas Patra is currently offering 7.5 percent interest. Under this scheme, your investment continues to compound on an annual basis. A lump sum investment is made in Kisan Vikas Patra Yojana. In this scheme, you can open an account with a minimum investment of Rs. 1000.
Best investment schemes: The central government is implementing many schemes to provide financial security to the common people and make them financially strong. Today we are going to tell you about a scheme, by investing in which you can get huge returns. Yes, we are talking about Kisan Vikas Patra i.e. KVP. KVP is a government scheme, which is run by the post office. The post office comes under the jurisdiction of the central government, which means that the investment made in this scheme is completely safe.
The government is giving 7.5 percent interest on Kisan Vikas Patra Yojana
. Currently, 7.5 percent interest is being given on Kisan Vikas Patra. Under this scheme, your investment keeps compounding on an annual basis. A lump sum investment is made in Kisan Vikas Patra Yojana. In this scheme, you can open an account with a minimum investment of Rs 1000. While there is no limit on the maximum investment. You can deposit as much money as you want in multiples of Rs 100. Kisan Vikas Patra Yojana matures in 115 months (9 years and 7 months). The most important thing about this scheme is that your investment doubles on maturity.
If you deposit Rs 10 lakh, you will get Rs 20 lakh on maturity
. For example, if you deposit Rs 10 lakh in this scheme, you will get Rs 20 lakh on maturity. This Rs 20 lakh includes Rs 10 lakh of your investment and Rs 10 lakh of interest. We tell you that there is no risk in this scheme and your money will be completely safe. You can open a single account under this scheme. Apart from this, a joint account can also be opened. In which the names of a maximum of 3 people can be added. Not only this, if you wish, you can also open an account in the name of your child in this scheme.
