Today we are going to tell you about a project where your money will be safe as well as you will get double return on maturity, this is Post Office Kisan Bikash Patra Yojana.
Kisan Bikash Patra is a one-time investment plan of the Government of India, where your money is doubled in a given period of time. Kisan Bikash Patra is available in all post offices and big banks of the country. Its maturity is still 124 months. The minimum investment is 1000 rupees. There is no limit to the maximum investment. This plan is designed for specific farmers so that they can save their money for a long time.
It is important to be at least 18 years old to invest in Ki Sun Development Letter (KVP). There is the advantage of a single account as well as a joint account. At the same time, this scheme is also available for minors, which the parent must supervise. The scheme also applies to trusts other than Hindu undivided families such as HUFs or NRIs. To invest in Kisan Bikash Patra (KVP), there are certificates up to Rs.1000, Rs.5000, Rs.10,000 and Rs.50,000, which can be purchased.