SALIENT FEATURES OF RE-LAUNCHED KISAN VIKAS PATRA:
1.Amount Invested doubles in 100 months ( 8years 4 months)
2.Available in denominations of Rs 1,000, 5000, 10,000 and Rs
50,000.
3.Minimum deposit Rs 1000/- and no maximum limit.
4.Certificate can be
purchased by an adult for himself or on behalf of a minor or by two adults.
5.KVP can be purchased
from any Departmental Post office. This facility will also be extended shortly
to the designated branches of commercial Banks.
6.Facility of nomination is available.
7.Certificate can be
transferred from one person to another and from one post office to another.
8.Certificate can be en-cashed after 2 1/2 years from the date
of issue.
Table Showing Premature closure of KVP (for
Den. Rs. 1000)
2
and half years but less than 3 years
|
1201
|
3 years but less than 3 and half
years
|
1246
|
3
and half years but less than 4 years
|
1293
|
4 years but less than 4 and half
years
|
1341
|
4
and half years but less than 5 years
|
1391
|
5 years but less than 5 and half
years
|
1443
|
5
and half years but less than 6 years
|
1497
|
6 years but less than 6 and half
years
|
1553
|
6
and half years but less than 7 years
|
1611
|
7 years but less than 7 and half
years
|
1671
|
7
and half years but less than 8 years
|
1733
|
8 years but before maturity of
the Certificate
|
1798
|
On
maturity of Certificate
8 Years 4
month = 100 months
|
2000 |
