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Kisan Vikas Patra offers farmers and investors a safe, government-backed scheme with 7.5% interest and guaranteed money doubling in 115 months. Simple process, low investment, nomination, and secure returns make it a trusted savings option for all.
Guaranteed money doubling in 115 months.
7.5% annual interest, compounded yearly.
Minimum investment starts at ₹1,000.
Safe, government-backed and risk-free scheme.
Easy to open at post offices and banks.
The government is offering a safe and trusted savings option for farmers and the general public through the Kisan Vikas Patra (KVP) scheme. This scheme promises guaranteed returns and doubles your money in just 115 months. With an attractive 7.5% interest rate, KVP has become one of the most popular investment choices among farmers, small investors, salaried people, and middle-class families.
Kisan Vikas Patra is a government-backed savings scheme, first launched on April 1, 1988. It was reintroduced in 2014 to give citizens a secure, risk-free investment option.
You can easily open a KVP account at any post office or select bank branch across the country.
The current interest rate on Kisan Vikas Patra is 7.5% per annum, compounded annually. This means that you earn interest on your interest, helping your savings grow faster.
Doubling Period: 115 months (9 years and 7 months)
Example: If you invest ₹1,00,000, you receive ₹2,00,000 at maturity.
This makes KVP a reliable option for people looking to grow their savings without any market risk.
The scheme is open to all Indian citizens, including:
Any individual
Guardians on behalf of minor or disabled persons
Children aged 10 years or above (can open their own account)
People can open multiple accounts with no restrictions
Because it comes with a government guarantee, it suits farmers, housewives, salaried people, and small business owners.
You can open KVP accounts in three ways:
Single Holder Account – In one person’s name
Joint-A Account – For two or three people, where maturity payment is made to all jointly
Joint-B Account – For two or three people, but payment goes to any one person or the survivor.
To invest in KVP, the following documents are needed:
Aadhaar card
PAN card
Passport-size photograph
Address proof (Voter ID, Driving License, Passport, MNREGA Card, etc.)
Birth certificate (if opening an account for a minor)
The process is simple and hassle-free:
Visit your nearest post office or bank.
Fill out the KVP application form.
Attach required documents.
Deposit the minimum investment amount of ₹1,000 (in multiples of ₹100).
Make payment via cash, cheque, or demand draft.
Receive your KVP Certificate instantly after investment.
Interest Rate: 7.5% per annum
Maturity Period: 115 months
Early Withdrawal: Allowed after 2 years and 6 months, but continuing till maturity is best for maximum returns.
Example: Invest ₹10,000 → Get ₹20,000 after 115 months.
Kisan Vikas Patra is ideal for farmers because:
It offers guaranteed returns.
There is zero market risk — no fear of losing money.
Even small savings can grow into a large amount.
Helps farmers build strong financial security for the future.
With a low entry amount of ₹1,000, even small farmers can easily invest and benefit.
Fully flexible and investor-friendly.
Transferable from one person to another or from one post office to another.
Nomination facility available.
In case of the investor’s death, the nominee or legal heir receives the full amount at maturity.
Also Read: Sugarcane Farmers Alert: Update Mobile Number Soon or You May Miss Your Sugarcane Slips
Kisan Vikas Patra is one of the most reliable and secure savings schemes offered by the government. With an impressive 7.5% interest rate, guaranteed returns, and the assurance of doubling your money in 115 months, it becomes an excellent financial tool for farmers, small investors, and middle-class families. If you are looking for a risk-free investment with steady growth, the Kisan Vikas Patra is a smart and trusted choice.