FinCalc Bharat

KVP Calculator

Kisan Vikas Patra is designed to double your money. Calculate when your investment will mature and the interest you'll earn.

Investment Details

Min: ₹1000, Multiples of ₹100

Current Rate: 7.5% p.a.

Kisan Vikas Patra is designed to mathematically double your investment in exactly 9 Years and 7 Months (115 months).

Guaranteed Maturity Amount

₹2,00,000

2X YOUR MONEY

Time to double

9 Yrs 7 Mos

Principal Invested

₹1,00,000

Total Interest Earned

₹1,00,000

Value Breakdown

Growth TimelineApproximate yearly values

End of Year 1₹1,07,500
End of Year 2₹1,15,563
End of Year 3₹1,24,230
End of Year 4₹1,33,547
End of Year 5₹1,43,563
End of Year 6₹1,54,330
End of Year 7₹1,65,905
End of Year 8₹1,78,348
End of Year 9₹1,91,724
Maturity (9 yrs 7 mos)₹2,00,000

Important: KVP does not guarantee tax deductions under Section 80C. The interest earned is fully taxable as per your income tax slab. Pre-mature withdrawal without penalty is strictly bounded to conditions after 30 months.

Understanding Kisan Vikas Patra (KVP)

Introduced by India Post in 1988, Kisan Vikas Patra (KVP) translates to "Farmer's Development Bond." Although originally aimed at farmers, it is open to all adult citizens of India. Its singular promise is simple: to objectively double your investment in a pre-defined number of months.

100% Risk Free

KVP is entirely backed by the Government of India, insulating your capital completely from market risk, volatility, and commercial defaults.

Fixed Doubling Horizon

As of recent revisions, your invested money takes exactly 115 months to double, which translates to a yield of roughly 7.5% per annum.

Frequently Asked Questions

What is Kisan Vikas Patra (KVP)?

Kisan Vikas Patra (KVP) is a saving scheme backed by the Indian government and offered through post offices. Its primary objective is to double your invested money over a predetermined period (currently 115 months).

Are there any tax benefits on KVP?

No. Unlike NSC or PPF, investments made in KVP do not qualify for tax deductions under Section 80C. Furthermore, the interest earned on KVP is fully taxable according to your income slab.

Can I withdraw KVP money before maturity?

Yes, premature encashment of a KVP certificate is allowed after a lock-in period of 2 years and 6 months (30 months) from the date of issue. Special conditions like death of the holder allow earlier withdrawal.

Is there an upper limit on KVP investments?

No, there is no maximum limit for investing in Kisan Vikas Patra. The minimum investment is ₹1,000, and further investments can be made in multiples of ₹100.

Can KVP be transferred to another person?

Yes, KVP certificates can be transferred from one person to another (and from one post office to another) subject to certain conditions and permissions.