Investment

KVP

Also known as: Kisan Vikas Patra, Capital Doubling Scheme

Kisan Vikas Patra - Government scheme that doubles investment in approximately 115 months.

Detailed Explanation

Kisan Vikas Patra (KVP) is a post office savings scheme offering 7.5% annual return, doubling the investment in 115 months (9 years 7 months). No investment limit and government guarantee. Interest is taxable annually but no Section 80C benefits. Suitable for long-term capital doubling with safety.

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Related Terms

Post Office Schemes

Government-backed savings and investment products offered through India Post with guaranteed returns.

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