Post office kisan vikas patra yojana: In today’s time, investment has become a very important part of everyone’s life. When in life, what work should be needed. In such a situation, people may not work. But the investment made by you is useful, but we often wonder how to make safe investment and money should be increased gradually.
If you are thinking the same, then the post office farmer development letter scheme is a great option for you. Those who want to make long term investment. Those people can double their money by investing in this scheme. So let us tell you what is the way to invest in this scheme and in how many months the money will be double.
Money double in Kisan Vikas Patra Scheme
The Kisan Vikas Patra Yojana is a safe post office scheme. Which gives investors fixed interest for long term. The amount invested in this scheme doubles in 8.4 years i.e. about 100 months. The advantage of this is that you do not need to invest in risky places like stock market or mutual funds. Any Indian citizen can invest in this scheme. You have to tell you that there is a minimum investment of 1 thousand rupees. So no limit for maximum investment has been fixed.
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How to invest?
It is easy to invest in Kisan Vikas Patra Scheme. You need passport size photo, identity card and bank account details. Plan can be purchased by going to the post office or through online medium. You have to submit a fixed amount at a time. And you are given a certificate.
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On the basis of this certificate, both the amount and interest are safely returned to the investor account on completion of the period of the scheme. The biggest advantage of the scheme is that it is completely safe and investors get fixed returns. For more information about the scheme, you can go to the nearest post office.
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