By Admin 
Kisan vikas patra: To keep the future of ourselves and our family secure, we invest in various schemes, so that we will get a lot of profit. Today we are going to tell you about one such scheme, which doubles your money in a short time. We are talking about Kisan Vikas Patra here, in which there is no possibility of drowning money because the responsibility of its maintenance is in the hands of the government.
Money becomes double in so many days
Through this certificate scheme, savings are promoted in the country. The money invested in this government scheme of the post office started in 1988 becomes double in 115 months i.e. about 9 and a half years. In this, you can start the investment at least 1000 rupees, there is no limit of maximum investment. In this scheme, interest is available at the rate of 7.50 percent on the amount deposited.
This is the specialty of the scheme
The biggest feature of this scheme is that even a child over 10 years of age can invest in it. The maturity period for the scheme is about 10 years, but after 2 years 6 months you can also withdraw Premature. The scheme also has a nominee facility and under Section 80C of the Income Tax Act, 1961, a tax benefit of up to 1.5 lakh is also included. That is, overall, your money is also safe in this scheme and good returns are also available.
How to buy Kisan Vikas Patra?
- For this, you have to go to a nearby post office branch or government bank.
- Then from here, take the Kisan Vikas Patra Yojana application form and fill the information sought in it correctly.
- Now submit the photo copy of all the necessary documents together by pasting the passport size photo and signing the thumb mark or sign.
- If you want, you can also get more information related to this from 1800 266 6868 helpline number.
- Some banks also give you the facility of opening KVP accounts online such as ICICI Bank, HDFC Bank, IDBI Bank.
These documents will be needed
- Identity Proof
- Address proof
- Aadhar card
- PAN card will also be imposed on investment of more than Rs 50,000.
Who can open?
- You should be a citizen of India.
- Age should be more than 18 years.
- Legal parents can open this account in the names of children under 18 years younger.
- NRI cannot invest in this scheme.
- In this you can open a single account.
- Two adults can also open a joint account.
Also read:
Now opening Sukanya Samriddhi account sitting at home, PNB app will work in minutes; Learn full process