Today we tell you about one such scheme, where your money will also be safe as well as you will get a double return on maturity, this is the post office Kisan Vikas Patra Yojana.
Kisan Vikas Patra is a one-time investment scheme of the Government of India, where your money doubles in a set period. Kisan Vikas Patra is present in all post offices and big banks of the country. Its maturity period is still 124 months. The minimum investment in this is 1000 rupees. There is no maximum investment limit. This plan has been made for specific farmers so that they can save their money for a long time.
It is important to be at least 18 years of age to invest in Kisan Vikas Patra (KVP). In addition to the single account, there is also the facility of a joint account. At the same time, this scheme also exists for minors, which the guardian has to supervise. This scheme is also applicable for trusts except for Hindu undivided family ie HUF or NRI. To invest in Kisan Vikas Patra (KVP), there are certificates up to Rs 1000, Rs 5000, Rs 10,000, and up to Rs 50,000, which can be purchased.