A good news for all the investors who does not want to take lots of risks but want to see their money grow by two fold over time. They can invest in this small savings scheme called Kisan Vikas Patra (KVP), which is backed by the government and governed by the Department of Posts under the direction of the Ministry of Communications. There are nine small savings plans available from the Department of Posts, each with unique features and advantages. Because KVP is a guaranteed-to-double investment product with a 124-month maturity time, investors with long-term financial goals but lack market awareness can use it to produce risk-free long-term gains.
Calculate Kisan Vikas Patra
Features of Kisan Vikas Patra