Government scheme · Doubling a one-time deposit
Kisan Vikas Patra (KVP)
Kisan Vikas Patra is a savings certificate that doubles your money over a fixed number of months. The period depends on the interest rate when you invest.
Visit official websiteWho can apply
- Resident Indians, individually, jointly or on behalf of a minor
Key features
- Minimum ₹1,000, no maximum
- Money doubles at maturity
- Can be encashed early after a lock-in period
- Can be pledged as security for a loan
How to apply
- Buy at any post office or an authorised bank
Not sure where to save?
Ask Bachatt Saathi how this scheme compares with Insta Fund, mutual funds or Gold & Silver funds for your goal.
Frequently asked questions
Does KVP give a tax benefit?+
No. KVP deposits do not qualify for Section 80C, and the interest is taxable.
More government savings schemes
See all government savings schemesThis page is for information only. Bachatt is not affiliated with this scheme; the scheme name belongs to the Government of India and its agencies. Limits, rates and eligibility change from time to time — always check the official website before you apply.