Kisan Vikas Patra 2023: Learn About Interest Rates, Benefits, And Eligibility
The India Post runs a number of safe small savings programs that provide investors with excellent interest rates. Among these programs is Kisan Vikas Patra, which has the distinct and unique feature of doubling your money over time.
Kisan Vikas Patra gives an annual interest rate of 7.5%, which is similar to the post office’s 5-year time deposit program. Based on this rate of return, your investment in the Kisan Vikas Patra Scheme would double in around 115 months, or 10 years and 3 months.