Kisan Vikas Patra (KVP) 2022 : Kisan Vikas Patra (Post Office Kisan Vikas Patra) is a savings scheme available in the form of certificates in post offices in India. It is a fixed rate small savings scheme that allows you to invest your investments after a predetermined period (currently 112 months at the time of issue). (Investment) focused on doubling! this plan (Kisan Vikas Patra Yojana) Its popularity is linked to its risk-free nature due to the guarantee from the Government of India.
Kisan Vikas Patra (KVP) 2022
As per the current rules, KVP certificates can be purchased by public sector banks as well as post offices in India. The Indian Post (Post Office) introduced Kisan Vikas Patra in 1988 as a small savings certificate scheme. ( Post Office Kisan Vikas Patra ) Started! Its primary objective is to encourage long term financial discipline among the people.
this plan (Kisan Vikas Patra Yojana) As per the new update of 2019, if you buy the certificate after 1st April 2020, the plan period is now 124 months (10 years and 4 months). The minimum investment is Rs 1000 and there is no upper limit. And if you plan today (KVP Yojana) If you make any investment, then at the end of the 124th month, you can get double the amount!
Interest rates of this post office scheme
The interest rate applicable on KVP 2022 may change from time to time based on the announcements made by the Ministry of Finance. Kisan Vikas Patra ( Kisan Vikas Patra ) The current interest rate applicable is 6.9% p.a. Which will double your investment in 112 months! Following are the old interest rates offered by Kisan Vikas Patra Yojana:
|time limit||KVP Interest Rate|
|Q4 FY 2020-21||6.9%|
|Q3 FY 2020-21||6.9%|
|Q2 FY 2020-21||6.9%|
|Q1 FY 2020-21||6.9%|
|Q4 FY 2019-20||7.6%|
|Q3 FY 2019-20||7.6%|
|Q2 FY 2019-20||7.6%|
|Q1 FY 2019-20||7.7%|
|Q4 FY 2018-19||7.7%|
|Q3 FY 2018-19||7.7%|
|Q2 FY 2018-19||7.3%|
|Q1 FY 2018-19||7.3%|
Kisan Vikas Patra Scheme Eligibility Criteria
- Applicant must be an adult resident of India.
- The parent/guardian can invest on behalf of the minor.
- Non Resident Indian (NRI) and Hindu Undivided Family Kisan Vikas Patra ( Kisan Vikas Patra ) Can’t invest in !
Benefits of KVP Scheme 2022 (Kisan Vikas Patra (KVP) 2022)
KVP certificate ( Post Office KVP Certificate ) As Guaranteed Returns is a government backed instrument! Long term wealth creation in the form of Kisan Vikas Patra allows you to invest for around 10 years and double your money! Flexible Investment Instrument KVP does not have any imprint! Kisan Vikas Patra can be used as collateral to get loans from banks at preferred rates. This scheme is applicable from person to person as well as from one post office. (Post Office) Transferable from any other post office.
Documents Required for Kisan Vikas Patra (KVP) 2022
- Pan Card
- Aadhar Card
- voter id card
- driving license
- proof of residence
- identity proof
- mobile number
- passport size photo
KVP Form Download
Whoever is interested in this scheme (Kisan Vikas Patra Yojana) want to take advantage of! They can download the application form of the scheme and visit their nearest bank or post office. (Post Office) You can submit! You can visit your bank’s website or bank offline to download the application form. Aap Kisan Vikas Patra ( Kisan Vikas Patra ) You can get the application form!
Kisan Vikas Patra Apply Online Process – Post Office Kisan Vikas Patra Apply Online
Who invests in Kisan Vikas Patra (Investment) want to do, they follow the given procedure! First of all collect the application form, Form A from any bank or post office near you and fill the form with the required information. Submit the completely filled form to the post office or bank. If the investment in KVP is done through an agent, Form A1 will be filled by the agent. You can download these forms (KPV Scheme) online!
Kisan Vikas Patra Scheme (Kisan Vikas Patra Yojana) KYC process is mandatory for And you have to submit the copy of ID and Address Proof. After verification of documents, you have to submit the same to the payees. Payment under this scheme can be made by cash, locally executed cheque, pay order, demand draft in favor of the postmaster. As soon as you pay by Cheque, Pay Order or Demand Draft, you will get KVP certificate instantly. (KVP Certificate) will get ! Keep it safe as you have to deposit it at the time of maturity!