Kisan Vikas Patra – Gramophone

A small savings scheme offered by the post office is named Kisan Vikas Patra. Under this, farmers can make double their money by investing their small savings.

Under this scheme, you can invest a minimum of Rs 1,000 to buy KVP (Kisan Vikas Patra) and there is no upper limit on investment. However, for any investment above Rs 50,000, PAN details are mandatory.

Any Indian citizen who is more than 18 years of age can invest under this scheme. There is no upper age limit for this scheme.

Source: Jagran