Sep 17, 2015

Kisan Vikas Patra 2016 Scheme in Hindi & English Application Eligibility

Kisan Vikas Patra 

Kisan Vikas Patra is a scheme which is also known as Saving Scheme.
It was launched in the year 1988 by the Indian Post. The scheme under Kisan Vikas Patra was that it doubles the money invested in Eight years and seven months. The persons can be encashed their amount of money after 2 and a Half Years from the date of issue.

Through the KVS Scheme it does not meant that only “Kisan” (Farmer) can buy this saving certificate but that the revenue earned by this scheme will be used by the Government of India in welfare of Farmers. So, anyone can invest their money and can save their money under the Kisan Vikas Patra Scheme.

Here the people can get the information and knowledge about the Kisan Vikas Patra Yojna as how to invest, who can invest, eligibility for investment.

How to Invest?
  • Buy the Kisan Vikas Patra application form from any Post Office of India.
  • Then fill the form with photographs and
  • Deposit the amount through cash, Demand Draft or Cheque.
  • Then the Post Office will issue Kisan Vikas Patra Certificate with the scheme holders name, amount, date of maturity etc.

Who can invest?
  • Member must be Citizen of India
  • Should be Adult
  • Trust can also invest in KVP.
  • Two Adults can jointly buy KVP

Not Eligible for Kisan Vikas Patra:
  • NRI’s or Hindu Undivided Family
  • Company, Institutes, organizations etc

Other Details about KVP Scheme:
  • Minimum deposit Rs 1000/- and no maximum limit.
  • KVP can be purchased from any Departmental Post office.
  • Facility of nomination is available
  • Certificate can be transferred from one person to another and from one post office to another.


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