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Government Of Assam Finance Directorate of Small Savings

Kisan Vikas Patra (KVP)

  • An investment scheme where the amount invested doubles in 110 months (9 years & 2 months). It is available in form of investment certificates, in denominations of Rs 1,000, 5000, 10,000 and 50,000.

    Key Features:

    • Minimum deposit Rs 1000/- and no maximum limit.
    • Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.
    • 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.

    Source: India Post