A large population in the country looks for good schemes for investment. In such a situation, if you are also looking for a good scheme, where you can get great returns. In this episode, today we are going to tell you about a wonderful scheme. The name of this scheme post office is Kisan Vikas Patra Yojana. If you want to invest in a safe investment plan. In such a situation, you can invest in the Kisan Vikas Patra scheme of the post office. Kisan Vikas Patra Yojana is a scheme run by the Government of India, in which you have to invest your money in a lump sum. After investing, your money doubles after a fixed period. This scheme has been started especially for the farmers. For this reason, this scheme was named Kisan Vikas Patra Yojana. Let us know in detail about this scheme –
You can invest a minimum of 1 thousand rupees in Kisan Vikas Patra Yojana. At the same time, the limit of the maximum investment amount has not been decided yet. At present, an interest rate of 7.5 percent is being received for investing in the Kisan Vikas Patra Yojana.
If you invest in this scheme. In this case, your money will double in 115 months i.e. 9 years and 7 months. If you invest a lump sum of Rs 5 lakh in the Kisan Vikas Patra scheme of the government.
In this case, your money will become Rs 10 lakh after 115 months. The most important thing about Kisan Vikas Patra Yojana is that by investing in it, you get the benefit of compound interest.
You can also invest in this scheme in multiples of Rs. You can easily open your account in this scheme by visiting the post office.
(PC: iStock)