Benefit Talk / Post Office Wealth Scheme: Withhold some money and get double returns, know how
Post Office Wealth Scheme
Benefit Talk / Post Office Wealth Scheme: Withhold some money and get double returns, know how If you invest Rs 5 lakh in this post scheme, you will get Rs 10 lakh on maturity Invest in this Post Office Scheme Get double profit from KVP like this Your investment will double in 124 months The Post Office Kisan Vikas Patra KVP Scheme is a one-time investment scheme of the Government of India.
Where your money will double in a given period. Kisan Vikas Patra is available in every post office and big banks of the country.
Its maturity period is still 124 months. The minimum investment is Rs 1000 and there is no maximum investment limit. This scheme is specially made for the farmers.
So that he can save his money in the long run. 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 double in 124 months. If you invest Rs 5 lakh then you will get Rs 10 lakh on maturity.
Minimum investment of one thousand rupees required investment You have to invest at least one thousand rupees in this scheme.
There is no maximum investment limit. 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 above the age of 10 years.
Also, a guardian can buy you instead of a minor, a mature person and a mentally retarded person.