In the current era of economic slowdown due to Corona virus, we are telling you such a scheme which will double your money. If you are looking for a better option to invest, then this scheme is for you.
the current era of economic slowdown due to Corona virus, we are telling you such a scheme which will double your money. If you are looking for a better option to invest, then this scheme is for you. Today we will give you information about such a scheme of post office which will double your money in just 124 months.
The name of this scheme is the Kisan Vikas Patra Scheme of the Post Office, which can double your money with guarantee.
In the Kisan Vikas Patra Scheme of the Post Office, your money is doubled in a fixed period. This scheme is being given to the people in all the post offices and big banks of the country. Its maturity period is currently 124 months, in which you have to invest a minimum of Rs 1000, while there is no maximum investment limit.
With an interest rate of 6.9 percent, your investment here will double in 124 months. That is, if you have invested 5 lakh rupees, then you will get 10 lakh rupees on maturity.
Required documents
ID proof, address proof, Aadhar card and PAN card are required. Apart from this, your work will also be done with Voter ID Card, Driving License and Passport.
apply like this
You have to go to your nearest post office. There is a form to be filled and after the process is completed your Kisan Vikas Patra account will be opened. It contains all the information like name of account hold, maturity date.
Will anyone get the maturity amount?
Kisan Vikas Patra Account Single Holder Certificate can be opened for both adult or minor. There are two types of joint holders. In the first type, both the account holders get the benefit on maturity. In the second type, either one gets the full amount on maturity or the survivor gets this amount.
Who can invest?
Anyone of the age of 18 years and above can invest in this scheme in Kisan Vikas Patra. In this, a single account is opened, but if you want, you can also open a joint account. This scheme is also available for minors, but only the guardians take care of them. There are certificates up to Rs 1000, Rs 5000, Rs 10,000 and Rs 50,000 for investing in this, which can be bought.
