Money will be doubled in 124 months, know the specialty of this scheme 

New Delhi: If you are looking to invest your money somewhere, then there is a great scheme (Kisan Vikas Patra) for you. There is no risk of losing money in this and the returns will also be strong. If you invest Rs 5 lakh in this scheme (Kisan Vikas Patra), then after 124 months your money will double. You will get back Rs 10 lakh. This scheme (Kisan Vikas Patra) is very special. How can I invest in it and what are its benefits. Let’s tell you.

The benefit of compounding is available in the scheme

The most important thing about Kisan Vikas Patra Scheme is that compound interest is available on it. In this way investors get the benefit of compounding in the scheme. You can start investing in this scheme with a small amount of just Rs. There is no maximum investment limit in this. The facility of Kisan Vikas Patra (KVP) can be availed in more than 1.5 lakh post offices in the country.

Money will be doubled in 124 months

Atal Pension Yojana: If you pay tax then this news is for you, this pension scheme will be closed from 1st October 

Getting so much interest now

Currently, 6.9 percent interest is being available in this scheme (Kisan Vikas Patra). The interest rate applicable on Kisan Vikas Patra (KVP) may change from time to time based on the announcements made by the Finance Ministry and it is expected that the interest rates on it may be increased soon. As per the current rules, KVP certificates can be purchased from public sector banks as well as post offices in India. You can buy KVP certificate from Indian Post Office. Along with this, you can buy KVP application form online, from Indian Post Office and select banks.

You can invest with one thousand rupees

One thousand rupees can be invested in this scheme (Kisan Vikas Patra) and there is no last limit to invest. If you are 18 years of age or above, then a single or joint account can be opened. After investing, you will not be able to withdraw money from this account for at least two and a half years. Income tax exemption is also available in the scheme of Kisan Vikas Patra.

You can get the amount from any post office

The maturity period of Kisan Vikas Patra is 10 years and 4 months. You can also withdraw money before maturity in certain situations. After maturity you can get your money from any post office.

Source: https://www.newsdayexpress.com/business/kisan-vikas-patra-invest-5-lakh-in-this-government-scheme-money-will-be-doubled-in-124-months-know-the-specialty-of-this-scheme/

नोट :- हमारे वेबसाइट www.indiangovtscheme.com पर ऐसी जानकारी रोजाना आती रहती है, तो आप ऐसी ही सरकारी योजनाओं की जानकारी पाने के लिए हमारे वेबसाइट www.indiangovtscheme.com से जुड़े रहे।
*****