Kisan Vikas Patra (KVP): Doubling Period and Calculator

Kisan Vikas Patra (KVP) is a certificate where your investment doubles in approximately 115 months (about 9 years 7 months) at the current rate of 7.5% p.a., compounded annually. Minimum investment is ₹1,000 in multiples of ₹100; there is no maximum. The rate is locked at the time of purchase.

Premature encashment is allowed only after 2.5 years (30 months), with a 1% deduction. There is no 80C benefit; interest is fully taxable and TDS applies if interest exceeds ₹40,000 in a financial year. KVP is available at departmental post offices.

Use our KVP Calculator to see the doubling period and maturity amount. For rules on opening and premature closure, see the calculator page.