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KVP Calculator

Find when your Kisan Vikas Patra investment doubles and see the maturity value at any year - at the current 7.5% government-guaranteed rate.

KVP Investment Details
Current KVP rate: 7.5% p.a. (compounded annually) - doubles in ~115 months (9 yr 7 mo). Effective Q3 FY 2024-25.
KVP Facts

Key Features of KVP

Guaranteed Doubling

KVP guarantees that your investment doubles at maturity - the only government savings scheme with a fixed doubling date as its primary promise.

No Upper Limit

Unlike PPF (capped at ₹1.5L/year), KVP has no maximum investment limit - making it suitable for parking large amounts in a secure government scheme.

Premature Exit from 2.5 Yrs

Unlike NSC (which only allows premature withdrawal on death), KVP allows encashment after 2.5 years (30 months) with applicable interest.

FAQ

Frequently Asked Questions

KVP is a government savings scheme through India Post that doubles your investment over a fixed period. At 7.5% p.a. (compounded annually), ₹1 lakh becomes ₹2 lakh in ~115 months. No maximum limit and available at all post offices.

Current rate: 7.5% p.a. (Q3 FY 2024–25), revised quarterly by the Ministry of Finance. At 7.5%, your money doubles in ~115 months (9 years 7 months). Check the India Post website for the latest rate.

Yes - KVP interest is taxable at your slab rate as 'Income from Other Sources'. Unlike NSC and PPF, KVP does not qualify for Section 80C deduction. TDS is not deducted but you must declare the income in your ITR.

Minimum ₹1,000 (multiples of ₹100). No upper limit. Denominations: ₹1K, ₹5K, ₹10K, ₹50K, ₹1L. PAN is mandatory for investments above ₹50,000. Available at any post office or India Post net banking.

Yes - KVP can be prematurely encashed after 2.5 years (30 months) with applicable interest for the period held. Before 2.5 years, premature withdrawal is allowed only on the holder's death or court order.

NSC offers 7.7% vs KVP's 7.5% - NSC is slightly better rate. NSC qualifies for 80C deduction (KVP does not). KVP has no upper limit (NSC deduction capped at ₹1.5L). KVP allows premature exit from 2.5 years (NSC doesn't). Choose NSC if you have 80C room left; KVP for amounts above ₹1.5L.