worldofcalcsKVP Calculator
Kisan Vikas Patra pays 7.5% a year, compounded yearly, so your money doubles in 115 months (9 years 7 months).
From ₹1,000, no upper limit.
Value after 115 months
₹2,00,000
Interest earned₹1,00,000
₹1,00,000 in each Post Office scheme
| Scheme | Rate | What you get |
|---|---|---|
| Senior Citizens' Savings Scheme 5 years | 8.2% | ₹2,050 a quarter |
| Monthly Income Scheme 5 years | 7.4% | ₹617 a month |
| National Savings Certificate 5 years | 7.7% | ₹1,44,903 at maturity |
| Kisan Vikas Patra 115 months | 7.5% | ₹2,00,000 at maturity |
| 5-year Time Deposit 5 years | 7.5% | ₹7,714 a year |
Rates for October–December 2026. * Calculated on the scheme's maximum deposit. MIS shown for a joint account.
What is Kisan Vikas Patra?
Kisan Vikas Patra (KVP) is a post office savings certificate that doubles your one-time investment over a fixed period. At the October–December 2026 rate of 7.5% a year, compounded yearly, it doubles in 115 months (9 years 7 months). It is backed by the government and open to all adults, not just farmers.
How the maturity value is calculated
Maturity = 2 × Deposit after 115 months
The doubling period follows from the interest rate: at 7.5% compounded yearly, (1.075)^(115 ÷ 12) ≈ 2. When the rate changes, the government announces a new doubling period for new certificates.
KVP rules
- You can invest from ₹1,000 with no upper limit, in multiples of ₹100.
- There is no tax deduction for the investment, and the interest is taxable.
- The certificate can be encashed after 2 years 6 months, for less than the full doubled amount.
- The rate and doubling period are fixed when you buy the certificate.
- KYC applies: PAN is needed for larger investments, and proof of income for very large ones.
Worked example: ₹1 lakh in KVP
- ₹1,00,000 at 7.5% a year, compounded yearly
- It doubles to ₹2,00,000 after 115 months (9 years 7 months)
- Interest earned: ₹1,00,000
- You can cash it early after 2 years 6 months, at a lower value