Government Schemes

Kisan Vikas Patra (KVP) – PDF, Calculator, Interest Rate

Kisan Vikas Patra
Mukesh Jindal
Written by Mukesh Jindal

Kisan Vikas Patra (KVP) – In the year 1988 Indian post-launch the scheme named Kisan Vikas Patra which is a savings certificate scheme specifically targeting to the common and middle-class population in india.  Under the skin, people can buy the Kisan Vikas Patra which is validated for a certain period of time for getting additional benefits on their investment in the form of purchasing Kisan Vikas Patra.   The overall concept monitoring is under by the government of india set up committee supervision.  The recommendations and suggestions for the scheme are given by the shayamla Gopinath.  Various changes and modifications in the scheme Kisan Vikas Patra to avoid misuse.  The letter the scheme was run successfully for a long tenure,  but due to the high volume of misleading the same concept and ends it was closed in the year 2011 and later by performing various modifications and changes with proper guidelines to the scheme it was released in the year 2014.

The new revised scheme is purely a savings account kind of certificate with a validity of 115 months.  The rate of interest of this Kisan Vikas Patra certificates is 7.5% which can be purchased by an adult for the purpose of self or for the minors of the family.  This certificate benefits can be transferred to one person to another person and one person to another post office as your irrespective of their purchase location.  After successful completion of 2 and half years from the date of Kisan Vikas Patra issue,  the user can avail the cash benefits of the certificate.

Kisan Vikas Patra


The main objective of the scheme is to provide the complete detail information and benefits to the people who are adult or minus as well.  Targeting to the people who are managed to save their savings in the government undertaking financial sector, this scheme tends to give a solid support to the middle class and lower-middle-class population as the first priority and also the organizations which are working for the welfare of society and people who are disabled and for the society.

The rate of interest for the Kisan Vikas Patra remains same for all kind of purchases.  There is no specific add-on benefits or additional prophets provided to any specific organization or individuals.  This is valid and constructs as a  liquid cash after completion of two and half years period.

Kisan Vikas Patra

The  eligibility criteria for the Kisan Vikas Patra

  •  To purchase the scheme the applicant must be an adult
  •  The applicant should mention the Kisan Vikas Patra is for the purpose of self or on behalf of any minor
  •  Any trust or organization can also available came to get the benefits for the welfare of the trust or the organization
  •  The Hindu undivided family and analyze or not eligible to purchase the scheme and its benefits
  •  This certificate can purchase for 2 adults jointly and payable to both owners the maturity amount
  •  Kisan Vikas Patra certificate can be purchased from the public and private sector banking and get all the benefits you respect to of the mode of purchase or the platform

Kisan Vikas Patra

Kisan Vikas Patra PDF

Kisan Vikas Patra (KVP) – Calculator

Kisan Vikas Patra (KVP) – Interest Rate

The current Interest rate of Kisan Vikas Patra is 8.7%


According to the government of india perception and surveys, there is a lot of gap between the upper class and middle class due to lack of economic security.  To reduce the gap between the two categories and improve the middle class and lower-middle-class population economical security for the future uses the scheme called Kisan Vikas Patra initiative taken by the government of india and india post.

This Kisan Vikas Patra is majorly useful for the population who are below middle class and middle class and also for the below poverty line population who can able to security economical growth.  Based on the eligibility criteria an individual or an organization which is working for the welfare of society and the society can purchase the scheme certificate from the postal department or any private sector banking also.

Under this facility, people can get 7.5% of the rate of interest and also they can get the cash benefits after completion of 3 years period.  This Kisan Vikas Patra can keep for the tenure of 115 months duration with respect to the rate of interest of 7.5%.

After completion of the tenure provided an adult can get the complete benefits of the scheme along with the rate of interest as committed.  This can be avail in the form of cash or can transfer to the respective account holder bank directly.  It maintains complete transparency towards maintaining the fonts in a sustainable deposit where the major part will get sustainable returns.  All the investments of this Kisan Vikas Patra certificates are managed by the government of india in association with the finance department,  government of india.

The overall benefits can split into two individuals based on the requirement of the adults which means 2 adults can purchase a single Kisan Vikas Patra scheme certificate and the benefits will be shared equally or based on the ratio the invested in the scheme.  The complete benefits an individual who bought the certificate for a minor will be transferred to the particular account holder after completion of the duration,  in case at the time of completion of duration the minor age still remains below 18 years then the guardian father or mother will get the money for the purpose of respect to respective certificate  holder benefits only.

The certificate purchased in a respective location can be transferred to any of the locations across india without having any restrictions.  In case of transferring the certificate to another person is also possible,  by visiting nearest post office the certificate holder can transfer to another beneficiary by providing the valley documentation which is mandatory.  The complete benefits of the certificate will be given to the new holder of the certificate only.  The complete authority of the old holder of the certificate will be removed and the new one will be considered as the person authorized for the Kisan Vikas Patra purchased. The Kisan Vikas Patra benefits can be accessible at any of the locations across india.  By providing certificate details which are mandatory a person can get the benefits in any of the branch available in india.  The noise is strictly not allowed to purchase the Kisan Vikas Patra which are really meant for the purpose of Indian citizens only.

About the author

Mukesh Jindal

Mukesh Jindal

My name is Mukesh Jindal, and I am from New Delhi, India. I am an engineer by profession. I am employed by an IT company in which I work. My topics of interest include technology, mobile, and apps.

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