Post Office Saving Schemes
Kisan Vikas Patra (KVP)
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- 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.
Interest Rate
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 |
There are other interesting and beneficial schemes like
You may contact to your nearest Post office to availe the benefit of the said schemes..
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