Kisan Vikas Patra (KVP)

Want to double your investments in less than nine years? KVP is for you! But there's a catch. The scheme, which offers to double your money in "eight years and seven months", offers NO Tax benefits!

One can exit the scheme any time after 2.5 years from the investment date, though investors will have to bear the loss of interest for the invested time period.

Though KVP is not meant for regular income, it is a safe avenue of investment for those without pressing tax concerns. Liquidity is also reasonably higher here.

How do I invest in Kisan Vikas Patra?

You can buy KVP by filling up the appropriate application form available at post offices across the country.

What is the minimum investment and range of investment in KVP?

The minimum investment in KVP is Rs.100. Certificates are available in denominations of Rs.100, Rs.500, Rs.1,000, Rs.5,000, Rs.10,000 and Rs.50,000. The denomination of Rs.50,000 is sold through head post offices only. There is no limit on holding of these certificates. Any number of certificates can be purchased. A KVP is sold at face value; the maturity value is printed on the Certificate. 

Next - Post Office - Monthly Income Scheme! >>

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Table Of Contents

  1. How to manage your money? - Intro
  2. Why should you invest your money?
  3.       >> For making "big buys"!
  4.       >> For tax saving!
  5.       >> Inflation
  6.       >> "The power of compounding!"
  7. How to invest?
  8. Investing in Mutual Funds!
  9. Assured return investments...
  10.       >> Fixed Deposits (FD's)
  11.       >> Public Provident Fund (PPF)
  12.       >> Employees Provident Fund (EPF)
  13.       >> National Savings Certificate (NSC)
  14.       >> Kisan Vikas Patra
  15.       >> Post-office - Monthly Income Scheme 
  16.       >> Post-office - Time Deposits
  17. Insurance