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HomePersonal FinanceGovt Special Scheme: Deposit ₹5,00,000 and get fixed interest of ₹5,00,000, know...

Govt Special Scheme: Deposit ₹5,00,000 and get fixed interest of ₹5,00,000, know the details of this government scheme

At present, 7.5 percent interest is being given on this scheme. Lump sum investment is made in Kisan Vikas Patra scheme. You can invest a minimum of Rs 1000 in it. While there is no limit on maximum investment, that is, you can invest as much money as you want in it.

Post Office Savings Schemes: The mainstream banks of the country provide many tremendous facilities to their customers along with savings accounts. These also include many types of savings schemes, in which you can earn a lot by investing. However, the post office is also not behind the banks in attracting its customers. Not only this, there are many schemes of the post office, where more interest is being given than the banks. Here we are going to tell you about one such scheme of the post office, where you will get amazing returns.

7.5 percent interest is being given on government scheme

The name of this scheme of the post office is Kisan Vikas Patra (KVP). Currently 7.5 percent interest is being given on this scheme. Lump sum investment is made in the Kisan Vikas Patra scheme. In this, you can invest at least Rs 1000. While there is no limit on maximum investment, that is, you can invest as much money as you want in it. The most special thing about this scheme is that your money gets doubled on maturity, no matter how much money you have invested.

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Money will be doubled directly on maturity

Under the Kisan Vikas Patra scheme, your money gets doubled in 115 months i.e. 9 years and 7 months. If you have deposited Rs 5 lakh in this scheme, then you will get interest of Rs 5 lakh and on maturity you will get a total of Rs 10 lakh. Similarly, if you have deposited Rs 10 lakh in this scheme, then you will get interest of Rs 10 lakh directly and on maturity you will get a total of Rs 20 lakh.

Investors’ money will be completely safe

The Kisan Vikas Patra scheme of the post office is a completely safe scheme. The money deposited in it is absolutely safe and you get fixed interest with guarantee. This is a post office scheme and the post office works and provides services under the central government. Therefore, all your money invested in this scheme is completely safe.

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Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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