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Tuesday, 13 July 2021

Benefit Talk / Post Office Wealth Scheme: Stop Some Money and Get Double Return, Learn How

Benefit Talk / Post Office Wealth in a Scheme: Stop Some Money and Get the  Double Return, Learn How.

If you are invest Rs 5 lakh in this post in a  scheme, you will be  get a Rs 10 lakh on a maturity.

Invest in this post office scheme

This is how to get double profit through KVP

Your investment will double in 124 months

Post Office Kisan Vikas Patra K V P Scheme is a one time investment scheme of the Government of the India. Where your money will be a  double in a given period of the  time.

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Kisan Vikas Patra is available at every post office and big banks in the country. Its maturity period is still 124 months. The minimum investment is a Rs.1000 and there is no maximum investment in a limit. This plan is specially designed for farmers. So that he can save his money for a long time. 

How much interest will you get?

The interest rate for KVP has been fixed at 6.9 per cent in the first three months of FY 2021. Where your investment will be a double in a 124 months. If you invest Rs 5 lakh, you will get Rs 10 lakh on maturity.

Minimum investment of one thousand rupees required

You have to invest at least one thousand rupees in this scheme. There is no limit to the maximum in to investment. You get this in the form of a certificate. In which certificates up to Rs.1000, 2000, 5000, 10000 and 50000 are given. You are guaranteed by the government.

Who can open an account?

The KVP Certificate can be purchased by any other adult, including a maximum of three adults, in a joint account with a minor over 10 years of age. In addition, a guardian can buy you instead of a minor, a mature person and a mentally retarded person.

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