Post Office Scheme 2025: Kisan Vikas Patra (KVP) is a well-known post office scheme that effectively doubles your investment in 115 months (which is about 9 years and 7 months) at a compound interest rate of 7.5%. You can start investing with a minimum of Rs 1,000, and there’s no upper limit. It’s a risk-free savings option supported by the Government of India, which guarantees the safety of your investment.
The goal of this scheme is to motivate individuals to make secure, long-term investments, particularly those who prefer to avoid risks. You can open a Kisan Vikas Patra account in your name, as a joint account (with up to three people), for minors, or through guardians. To invest, just head to a post office or a public sector bank.
You can also make premature withdrawals if necessary, which means you can access your funds early if you need to. Plus, Kisan Vikas Patra is flexible enough to be used for transfers and loans, making it a practical and trustworthy investment choice. This plan helps investors safeguard their money without any risk while earning double returns over time. It’s particularly ideal for those looking for guaranteed, stable returns and who prefer to keep their investments low-risk.
In how many months will your money double?
The current interest rate is 7.5% per annum (compounded annually). At this rate, your money will double in 115 months, or approximately 9 years and 7 months. For example, if you invest Rs 1 lakh in the KVP scheme, it will become Rs 2 lakh after 9 years and 7 months.
How much can you invest?
Minimum investment: Rs 1,000
Maximum Limit: No Limit
Investment can be made in single or joint account.
Parents can also open an account in the name of a minor child.