If you invest in a scheme in a planned manner, then you can get good returns from there. In today's time, the pace of inflation is increasing rapidly. In such a situation, you do not get that good return on the money deposited in the bank. In this episode, today we are going to tell you about a very great scheme of the post office, where you can double your money by investing it in a few months. The name of this scheme is Kisan Vikas Patra Yojana.
At present, you are getting an interest rate of 7.5 percent on investing in this scheme. This scheme is completely safe in terms of investment. By investing in it, you do not have to face the dangers of any kind of market risks. This scheme is very popular in the country. In this episode, let us know about the Kisan Vikas Patra scheme in detail -
In the Kisan Vikas Patra scheme, you have to invest a lump sum. If you invest a lump sum of Rs 4 lakh in this scheme, then if calculated at the current interest rate of 7.5 percent, then your money will double in a total of 115 months.
After 115 months, you will get a total of Rs 8 lakh. You will get a total interest of Rs 4 lakh on your investment. You can open your account in both single and joint mode in the Kisan Vikas Patra scheme of the post office.
In the joint account of Kisan Vikas Patra Yojana, you can open your account with three people. In this scheme, the interest rate is calculated on a compounding basis.
In the Kisan Vikas Patra scheme, you can start investing from one thousand rupees. The process of opening an account in this scheme is also very easy. You can open your account in the scheme by visiting your nearest post office.
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