00:00 What is the KVP scheme?
00:03 How much is the interest?
00:06 How much money can be invested?
00:10 The Indian government brings in many government schemes for the people of the country.
00:16 Especially for those who need more money.
00:20 In this case, the government gets a small amount of money from these people.
00:24 After which, the money is doubled.
00:27 So that their future can be bright.
00:30 The government has started such a scheme in the country.
00:33 If you deposit money in it, your money will double.
00:38 Let me tell you that the post office's savings scheme is the Kisan Vikas Patra.
00:43 How much can be invested in this scheme?
00:47 Later, the government doubles this deposit and returns it.
00:51 If you want to know about this Kisan Vikas Patra, we will give you all the information in this video.
01:00 Actually, you can buy a post office from any post office in the country.
01:06 At the moment, 7.5% interest is being given on the Kisan Vikas Patra.
01:12 If invested in this scheme, it doubles the money in 9 years and 7 months.
01:21 There is only one place in the country to deposit money, where the Indian government guarantees the security of deposit money.
01:29 Such security of deposit money is not even found in the largest bank in the country, SBI.
01:35 In the country, deposit money in banks is only guaranteed for the security of 5 lakh rupees.
01:41 Kisan Vikas Patra can be purchased in the name of children as well as single and joint names.
01:48 To do this, it is necessary to deposit 1000 rupees.
01:51 As far as maximum deposit is concerned, there is no limit to it.
01:55 Just keep in mind that the deposit above 1000 rupees is in the amount of 100 rupees.
02:01 The post office's interest rate is calculated every three months.
02:05 In this case, the interest rate mentioned here can also change further.
02:09 Kisan Vikas Patra can also be transferred from one post office to another post office.
02:15 In addition, if necessary, it can also be taken on loan.
02:20 It can also be broken after 2 years and 6 months.
02:25 It is not that once you have purchased Kisan Vikas Patra, you cannot buy it again.
02:32 Kisan Vikas Patra can be purchased as many times as you want.
02:35 It can also be purchased in the name of everyone in the house.
02:38 There is no restriction on it from the government.
02:41 At present, 7.5% interest is being given on Kisan Vikas Patra.
02:47 If this scheme is invested, it doubles the money in 115 months, i.e. 9 years and 7 months.
02:55 So I hope you liked this information of ours.
02:59 For all such updates, keep watching GoodReturns.
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