Post Office KVP Plan: Many schemes are run by the Post Office (Post Office KVP Scheme)! In which people can get safe and guaranteed returns by investing money! The government has increased the interest rate of post office small savings schemes from 1 April 2023! In which the Kisan Vikas Patra (Kisan Vikas Patra) of the post office being run for the farmers is also included!
Post Office KVP Plan
The Central Government has increased the interest received on Post Office Kisan Vikas Patra (Post Office KVP Scheme) from 7.2% to 7.5% annually from 1 April 2023! That’s why now through this Kisan Vikas Patra scheme, your money is going to double soon!
What is Kisan Vikas Patra (KVP)
Kisan Vikas Patra is a lump sum investment scheme run by the Government of India. In this Post Office KVP Scheme (Post Office KVP Scheme) you can double your money within a fixed time limit!
Post Office KVP Plan
Kisan Vikas Patra (Kisan Vikas Patra) scheme is available for investment in all post offices and big banks of the country! This scheme is specially made for the farmers. So that they can save their money on long term basis! You can invest in Post Office Paisa Double Scheme (Post Office KVP Scheme) with a minimum of Rs 1000!
In how much time money will double
The government has increased the interest rates of this Kisan Vikas Patra scheme from April 1! Now you are getting returns at the rate of 7.5% annually on investing in this scheme! From January 2023 to March 2023, it was taking 120 months to double the money in this scheme (Post Office KVP Scheme)!
Post Office KVP Scheme
But under the Kisan Vikas Patra Yojana (Kisan Vikas Patra), now your money will double in five months before that i.e. 115 months i.e. 9 years and 7 months only! If you put 4 lakhs in it! So in Post Office KVP Scheme (Post Office KVP Scheme) you will get 8 lakhs back in 115 months!
Can do in KVP, starting from Rs 1000
Tell me, you can start investing in Kisan Vikas Patra with just Rs 1000! After this investment can be made in multiples of 100 rupees. Any number of accounts can be opened under the Post Office KVP Scheme!
Farmer Vikas Patra
Under Post Office Kisan Vikas Patra Yojana (Kisan Vikas Patra), account single and 3 adults together can open joint account! Nominee facility is also available in this! Children above 10 years of age can open Post Office KVP Scheme account in their name.
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