Most of us expect good returns on our savings. A large population in the country belongs to the middle class. Most the people belonging to the middle class prefer to invest their money in such a place where they are not exposed to any kind of market risks and get good returns on their savings. If you are also looking for a similar scheme. In such a situation, today we are going to tell you about a wonderful government scheme. The name of this scheme is Kisan Vikas Patra Yojana. The special thing about this scheme is that in this you have to invest lump sum money. If you want to double your money in a few months. In such a situation, you can invest your money in this scheme. Let us know in detail about the Kisan Vikas Patra Yojana -
At present, you are getting an interest rate of 7.5 percent on investing in the Kisan Vikas Patra Yojana. You can invest a minimum of Rs 1,000 in this scheme. However, the limit of the maximum investment amount has not been fixed.
The money you invest in this scheme doubles in 9 years and 7 months i.e. 115 months. If you invest 7 lakh rupees together in Kisan Vikas Patra Yojana.
In this case, your money will become Rs 14 lakh in 115 months. Many people in the country are investing in this scheme. In Kisan Vikas Patra Yojana, you get the benefit of a compound interest rate.
If you want to start investing in this scheme by opening your account. In this case, you have to visit the nearest post office branch. By going there, you can easily invest in this scheme by opening your account.
(PC: iStock)
