Minimum Deposit
Min ₹1,000 (in multiples of ₹100)
Maximum Deposit
No Upper Limit
Scheme Tenure
115 Months (9 Years & 7 Months)
Tax Status
Taxable (No TDS)
Official Rules & Key Features
- Guaranteed Doubling: 200% principal return guaranteed upon completion of 115 months.
- Lock-in Period: Premature encashment allowed after 2 years and 6 months (30 months).
- Collateral Pledging: Easily pledged as loan security across all commercial banks.
- Unlimited Investment: No upper cap on maximum investment amount.
- Transferability: Easily transferable across post offices pan-India.
Eligibility & Who Can Open Account
- Single adult resident Indian.
- Joint Account (up to 3 adults).
- Guardian on behalf of minor.
Taxation Rules
Interest is taxable on accrual basis. Not eligible for Section 80C deduction. No TDS deducted.
Premature Closure
Allowed after 2.5 years (30 months) at predefined lock-in value tables.
Required KYC & Verification Documents
Aadhaar Card, PAN Card, address proof.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for Kisan Vikas Patra (KVP).
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