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Kisan Vikas Patra Interest Rate

Kisan Vikas Patra Interest Rate

Kisan Vikas Patra interest is such that the value of the Kisan Vikas Patra becomes double in eight years and seven months. Income accrued from Kisan Vikas Patra interest is taxable however tax is not deducted at source and the full amount is received by the holder of the KVP.Investment in Kisan Vikas Patra is not liable for wealth tax. KVP interest rate attracts the middle class investor who needs to invest in a secure place such as KVP and also earn good interest.

Kisan Vikas Patra (KVP) Interest Rate Chart (Min Rs 1000)
Year Wise Accrued Incomes15/1/2000 to 28/2/20011/3/2001 to 28/2/20021/3/2002 to 28/2/20031/3/2003 and after
1st yearN. AN. AN. AN. A
2nd yearN.AN. AN. AN. A
2 Yrs & 6 months1246120911951170.51
3 years1302127412561207.95
3 years & 6 months1407132713051267.19
4 years1478140913821310.8
4 years & 6 months1585147014391355.9
5 years1668157215341435.63
5 years & 6 months1779164416021488.49
6 years1874177016721543.3
6 years & 6 months2000185718001649.13
7 years—-18831713.82
7 years & 3 months2000—–——-
7 years & 6 months—-1781.06
7 years & 8 months2000—–
8 years or more but less than 8 yrs 7 months—-1850.93
8 years & 7 months—-2000

Kisan Vikas Patra Interest Rate

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