Kisan Vikas Patra Yojana 2024: start investment from just 1000 rupees

Kisan Vikas Patra Yojana 2024: Post office scheme is advised for safe investment. You can start investing in Kisan Vikas Patra from Rs 1000. There is no limit to invest in it. In which the money doubles in 10 years.

Kisan Vikas Patra Yojana 2024: start investment from just 1000 rupees

If you are thinking of investing money for long term then this information is for you. You can double your money by investing in a government scheme. In this scheme of post office, the money doubles in 10 years. Millions of people invest in post office schemes. Another important thing is that the money deposited here never sinks and is always safe.

The name of the post office scheme we are talking about here is Kisan Vikas Patra. This scheme usually gets 7 percent interest. In some cases less compensation may also be available. In Kisan Vikas Patra Yojana 2024 you can open an account even from 1000. There is no maximum investment limit in this scheme. Here in 9 years and 7 months means that money doubles in 115 months, millions of people of the country are investing in it.

Also Read: Atal Pension Scheme 2024 (APY) Objectives, Eligibility & Benefits

Eligibility of Kisan Vikas Patra Yojana 2024

  • Must be 18 years of age to invest in this scheme.
  • A minor of 10 years can also open an account.
  • In which his guardian account can be opened. The account belongs to a minor and has to be supervised by a guardian.
  • In Kisan Vikas Patra, a joint account of three people can also be opened.
  • This scheme can be availed at any post office in the country.
  • It also provides relief in income tax.