Post Office Schemes: Make two lakhs one lakh, know this new scheme of post office

[ad_1]

Post Office Schemes: There are more than one fixed deposit schemes in the post office. Not only are the interest rates here high, but the deposit amount is also guaranteed by the Government of India. No bank in the country gives such a guarantee.

Kisan Vikas Patra (KVP) is a deposit scheme of this post office. This is the only government deposit scheme in the country where the deposit amount is doubled. Apart from this, any amount can be deposited in this scheme.

At present, the money deposited in the post office’s Kisan Vikas Patra (KVP) scheme is doubling in 115 months. 115 months is equal to 9 years 7 months. In this scheme, 7.50 percent interest is being given on compound basis.

minimum limit

Kisan Vikas Patra (KVP) can be started with a minimum of Rs 1000. There is no upper limit. So this scheme is considered very good for those people who want to double their money.

Beneficial even in financial troubles

Kisan Vikas Patra (KVP) can be taken in single or joint name. Even if you want to invest more money, buying Kisan Vikas Patra (KVP) in less money is beneficial. Kisan Vikas Patra will help you financially even in times of trouble. If needed, a loan can be taken from the bank by pledging the Kisan Vikas Patra (KVP). Thus, this money doubling scheme becomes very attractive. In this scheme, money can also be deposited in the name of children.

(pc rights of employees)

[ad_2]

Source link