Kisan Vikas Patra

Android App Analysis and Review: Kisan Vikas Patra, Developed by We R Developer. Listed in Education Category. Current Version Is 1.1, Updated On 01/01/2018 . According to users reviews on Google Play: Kisan Vikas Patra. Achieved Over 10 Installs. Kisan Vikas Patra Currently Has 1 Reviews, Average Rating 5.0 Stars

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Kisan Vikas Patra

प्रधान मंत्री किसान विकास पत्र
This scheme was first launched in 1988 by India Post and was again reintroduced in 2014 with some changes.

The reintroduction of Kisan Vikas Patra (KVP) by the Government of India will provide an opportunity for millions of people to invest in long-term savings plan.

The Kisan Vikas Patra Scheme are available from Nationalized Banks, Associate Banks, State Banks and Post Offices across the country in denominations of Rs. 1,000, Rs. 5,000, Rs. 10,000 and Rs. 50,000.

The advantage of this Scheme is its ability to transfer from one person to another. It is further possible to transfer from one bank to another or one post office to another.

Every individual is eligible to obtain the Kisan Vikas Patra and save money.

In Kisan Vikas Patra Calculator, helps you to calculate Maturity Date, Maturity Amount, Total Deposit, Total Interest by just entering you’re details like Deposit Amount & Date of Account Opening.

Features of Kisan Vikas Patra :-

* Kisan Vikas Patra will double your invested money in 110 months or nine years and two months.
* Kisan Vikas Patra Scheme is available in different denominations. The lowest is Rs. 1000.
* Kisan Vikas Patra is transferable from one person to another or from one post office to another one, anywhere in India
* Kisan Vikas Patra has a lock-in period of two and half years.
* Safe investment scheme for small income group.
* Kisan Vikas Patra scheme can be bought in single or joint names.
* Nomination facility is available on Kisan Vikas Patra.
* Adult can buy it on behalf of minors.
* On untimely death of Kisan Vikas Patra holder, the amount on maturity will be payable to nominee.



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