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Get ₹ 10 lakh and get a fixed interest of ₹ 10 lakh, know the name of this government scheme

KVP, Kisan Vikas Patra, KVP Scheme, Kisan Vikas Patra Scheme, KVP Interest Rate, KVP Maturity, KVP E

Photo: Pixabay If you deposit 10 lakh rupees, you will get a total of 20 lakh rupees on maturity

Best Investment Schemes: The central government is running a variety of schemes to provide financial security to the common people and to make them financially strong. Today we are going to tell you about a scheme in which you can get a lot of that by investing. Yes, we are talking about Kisan Vikas Patra i.e. KVP. KVP is a government scheme that runs the post office. Let us tell you that the post office comes under the central government, that is, the investment made in this scheme is completely safe.

Government is paying 7.5 percent interest on Kisan Vikas Patra scheme

The Kisan Vikas Patra is currently getting 7.5 percent interest. Under this scheme, your investment continues to compound on an annual basis. Lump sum invested in the Kisan Vikas Patra Scheme. In this scheme, you can open an account with a minimum investment of Rs 1000. While there is no maximum investment limit in it. You can deposit as much money as you wish in a coefficient of 100 rupees. The Kisan Vikas Patra scheme is matured in 115 months (9 years and 7 months). The most important thing about this scheme is that your investment on maturity doubles directly.

If you deposit 10 lakh rupees, you will get a total of 20 lakh rupees on maturity

For example, if you deposit Rs 10 lakh in this scheme, then you will get 20 lakh rupees directly on maturity. These 20 lakh rupees include Rs 10 lakh for your investment and Rs 10 lakh for interest. Let us tell you that there is no risk of any kind in this scheme and your money will be completely safe. You can open a single account under this scheme. Apart from this, a joint account can also be opened in it, in which a maximum of 3 people can be added. Not only this, if you want, you can also open an account in this scheme in your child’s name.

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