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What's New FILING OF FORM DIR-3-EKYC BY 31st AUGUST. PENALTY OF RS. 5000/- AFTER DUE DATE      Due Dates For the Month of September 2018     
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KISAN VIKAS PATRAS









































































                                                                 Kisan Vikas Patras
Purchase Amount  
Period Of Purchase     Cumulative Interest
1'st Year Interest  
2'nd Year Interest  
3'rd Year Interest  
4'th Year Interest  
5'th Year Interest  
6'th Year Interest  
7'th Year Interest  
7'th Year And 6 Months Interest  
8'th Year Interest  
8'th Year And 7 Months Interest  
TOTAL INTEREST  
MATURITY AMOUNT  

 



Kisan Vikas Patras (KVP) is a small savings scheme run by the Department of Posts. NSC is a government scheme, and thus it is a very safe investment option. It is long term investment option but the scheme was discontinued w.e.f. 1st December 2011. Kisan Vikas Patras (KVPs) have been re-launched vide Notification dated 23rd September 2014.


Salient Features of Kisan Vikas Patras (KVP):



  • Amount Invested doubles in 100 months (8 years & 4 months)

  • Available in denominations of Rs 1,000, 5000, 10,000 and Rs 50,000. Minimum deposit Rs 1000/- and no maximum limit.

  • Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.

  • KVP can be purchased from any Departmental Post office.

  • Facility of nomination is available.

  • Certificate can be transferred from one person to another and from one post office to another.

  • Certificate can be encashed after 2 & 1/2 years from the date of issue.

  • Minimum Lock-in Period: 2 years 6 months

  • Maturity period: 8 years & 4 months.

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