Post Office Scheme: Big news! Your money will Double by investing in Post Office Kisan Vikas Patra Scheme, know here interest and details

in #post2 years ago

Post Office Scheme: If you are one of those investors who do not want to take the risk of the stock market and want to double the money, then there is such a scheme for you too. The security of your money deposited in this special scheme is also guaranteed. Yes, we are talking about the Small Saving Scheme of the Post Office, Kisan Vikas Patra. This scheme will absolutely live up to your expectations, provided you keep investing.In the Kisan Vikas Patra Scheme of the Post Office, investment can be made personally, in the name of a minor. Two adults can also open a joint account together. Investment in Kisan Vikas Patra has to be started with at least Rs 1000. There is no maximum limit for investment in this.

In how much time money becomes double
According to the information given on the website of the post office, if the investor remains in the Kisan Vikas Patra (KVP) scheme for the entire time, then the money doubles in 124 months. Compound interest is available on investment in Kisan Vikas Patra in the post office. At present, 6.9% interest is available on investment in this scheme.In the Kisan Vikas Patra Scheme of the Post Office, investment can be made personally, in the name of a minor. Two adults can also open a joint account together. Investment in Kisan Vikas Patra has to be started with at least Rs 1000. There is no maximum limit for investment in this.

In how much time money becomes double
According to the information given on the website of the post office, if the investor remains in the Kisan Vikas Patra (KVP) scheme for the entire time, then the money doubles in 124 months. Compound interest is available on investment in Kisan Vikas Patra in the post office. At present, 6.9% interest is available on investment in this scheme.