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Kisan Vikas Patra Scheme
INTRODUCTION:
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Minimum ₹ 1000/- and thereafter in multiples of ₹100.
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No maximum deposit limit.
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A single holder type account may be opened by by an adult for himself or on behalf of a minor.
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A single holder type account may also be opened by a minor on attaining the age of 10 years.
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Joint 'A' Type account may be opened by up to three adults payable to both the holders jointly or to the survivor.
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Joint 'B' Type account may be opened by up to three adults payable to either of the survivor.
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Account can be opened in Post offices and in authorised banks.
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KVP can be transferred from one person to another and from one post office to another.
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KVP can be encashed after 2 and half years from the date of investment at the following rates.
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Money Doubles on Maturity.
Click for Scheme Rule(2014 and
2019 )
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