Kisan Vikas Patra (KVP) Calculator

Time to Maturity: 9 Years and 5 Months

What is Kisan Vikas Patra (KVP)?

A Kisan Vikas Patra calculator is a simple tool designed to help investors estimate the maturity amount and duration of their investment in the KVP scheme. Kisan Vikas Patra is a government-backed savings scheme offered by India Post that doubles your investment over a fixed tenure at a predefined interest rate.

By using a KVP calculator, you can get a quick and accurate estimate of how much your investment will grow at maturity. It takes into account the current Kisan Vikas Patra interest rate, the amount invested, and the compounding frequency to calculate the return.

Whether you're a conservative investor looking for guaranteed returns or someone planning long-term savings, the Kisan Vikas Patra interest rate calculator makes financial planning easier by offering clear insights into your potential earnings.


How Does the KVP Maturity Calculator Work?

The KVP maturity calculator typically uses the following formula:

Maturity Amount = Principal × (1 + r/n)^(n × t)

Where:

Principal = Amount Invested

r = Annual Interest Rate

n = Number of times interest is compounded per year

t = Number of years

Just input your investment amount and check the applicable KVP interest rate to find out how much you’ll receive at maturity.


Frequently Asked Questions:


1. What is the current interest rate for Kisan Vikas Patra?
The rate is revised quarterly by the Government of India. Please refer to the latest rates from the official post office or RBI site.
2. Is the interest earned on KVP taxable?
Yes, the interest earned is taxable, but no TDS is deducted at source.
3. What is the lock-in period for KVP?
KVP has a lock-in period of 2.5 years, and the investment matures in approximately 10 years (may vary with interest rate changes).
4. Can KVP be transferred?
Yes, KVP certificates can be transferred from one person to another or from one post office to another.
5. Is KVP available online?
Currently, KVP can be purchased only through designated post offices. Online services may not be available.