Post Office KVP scheme will double in 124 months, this way can benefit

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Post Office Kisan Vikas Patra Scheme: Everyone wants to know before investing how much return will be made on his money or when the money will double (Double Return on Investment).
Kisan Vikas Patra (Kisan Vikas Patra- KVP) scheme of Post Office is a good option.
-In the Post Office Scheme, your money is 100 percent safe. Therefore you can invest without risk.

new Delhi.
Post Office Kisan Vikas Patra Scheme: Everyone wants to know before investing how much return will be made on his money or when the money will double (Double Return on Investment). If you also want your money to be double than the guarantee, then the Post Office Kisan Vikas Patra (Kisan Vikas Patra- KVP) scheme is a good option for you, because your money in post office (Post Office Scheme) 100 The percentage remains safe. Therefore you can invest without risk. Investing in Kisan Vikas Patra Yojana guarantees better returns. According to the information available on the official website of the post office, Kisan Vikas Patra has a maturity period of 124 months i.e. 10 years and 4 months.

Interest rate of
Kisan Vikas Patra Your investment in Kisan Vikas Patra Yojana will double in 124 months. Its interest rate has been fixed at 6.9 per cent till the second quarter of 2021 i.e. 30 September. If you invest a lump sum amount of Rs 1 lakh in this scheme, you will get Rs 2 lakh in return on maturity.

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You get many facilities in the
Kisan Vikas Patra Yojana. You can roast it after two and a half years. Apart from this, the scheme can also be transferred to other post offices. Nomination facility is also available in Kisan Vikas Patra Yojana.

Who can invest?
After 18 years, one can invest in Indian Kisan Vikas Patra Yojana. The special thing is that in this scheme you also get the facility of single account and joint account. However, minors can also apply in this scheme, but they will have to be supervised by the guardian.




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