Kisan Vikas Patra Yojana 2021: Many schemes have been brought by the Central Government for the farmers. In such a situation, a scheme has been started to promote savings. Investors will get double benefits by investing under the KVP scheme.
The name of the scheme we are talking about is ‘Kisan Vikas Patra Yojana’, what is this scheme? What is the benefit of this scheme? Eligibility, Objectives, Key Documents, Features, How to Apply, etc.
In this article hayah-eg.com, we will give you full information about Kisan Vikas Patra Yojana so let’s start reading this article.
Kisan Vikas Patra Yojana 2021
We’re going to tell you about it! To get all the information related to Kisan Vikas Patra Yojana in detail, you need to read this article completely! Kisan Vikas Patra Scheme launched by the Government of India is a big saving There is a plan, under which investors will have to be made for a long time. In this, the amount is doubled till the period of investment.
In the KVP scheme, the investor will have to invest for 10 years 4 months (124 months) and after 124 months you will get double the money! It is not necessary to mention that only farmers can apply under this scheme. And can take advantage of it, rather any citizen of India can apply! For this, a KVP certificate has to be purchased, whose minimum investment is Rs 250.
At present the current interest rate (KPV Interest Rate) under Kisan Kisan Vikas Patra Yojana is 6.9%, after 124 months it will be provided to you by doubling the investment amount at the rate of 6.9%. With this, the investor can make a premature withdrawal from Kisan Vikas Patra. But if the investor has withdrawn the certificate within 1 year of purchase, then interest will not be paid, for this penalty will also have to be paid.
Key Features of (KVP) Yojana
Kisan Vikas Patra Yojana has been started by the Government of India. Citizens can double their investment by investing in this scheme. This KVP scheme is a kind of profitable scheme with savings! To double the investment, the investor has to invest for at least 124 months. The minimum investment amount under this scheme is Rs 250. If any farmer of the country wants to invest Rs 50000 or more under this scheme, then he will have to submit the details of his PAN card.
Under the Kisan Vikas Patra Yojana (KVP Yojana), you can apply through the post office of the bank. On submission of the Kisan Vikas Patra Form, a Kisan Vikas Patra will be provided containing the maturity date, beneficiary name, and maturity amount. The interest rate under this scheme is 6.9 percent. This scheme can also be used to get a loan as a guarantee of the scheme.
Kisan Vikas Patra 2021
A citizen who wants to apply for benefits under Kisan Vikas Patra Yojana 2021! He should know its eligibility and main documents before applying. We are going to provide you with complete information about this in detail through this article.
Eligibility: It is mandatory for the applicant to be a permanent resident of India. The applicant’s age should be more than 18 years for the KVP scheme. If the applicant is minor then his parents can invest in this scheme.
- applicant’s adhar card
- permanent resident certificate
- KVP Application Form
- age certificate
- passport photo
- mobile number
Online Apply Kisan Vikas Patra Scheme
First of all, you go to the official website of that bank or post office. Now click on the link of Investment Plan on the home page. Then now you have to click on the link of Kisan Vikas Patra Yojana. After this, the KVP application form will open in front of you. Then now all the necessary information asked in this application form will have to be entered into it. After entering the information, now attach the main document to it! After doing this now click on submit option. In this way, the process of online application in Kisan Vikas Patra will be completed.