Kisan Vikas Patra Calculator

Calculate when your money doubles with KVP — currently doubles in 115 months

Deposit Amount (₹)

Interest Rate (% p.a.)

About Kisan Vikas Patra (KVP)

Key feature: Your money doubles — currently in 115 months (9 years 7 months) at 7.5% interest
Current interest rate: 7.5% p.a. (as of Q1 2024-25)
Minimum deposit: ₹1,000; No maximum limit
Available denominations: ₹1,000, ₹5,000, ₹10,000, ₹50,000
Eligibility: Any Indian citizen (adult) — single or joint; HUF and NRIs not eligible
Premature encashment: Allowed after 2 years and 6 months (with conditions)
Interest is taxable as per your income tax slab
No Section 80C benefit: KVP deposits do not qualify for tax deduction
KVP can be transferred to another person once and used as collateral for loans

About Kisan Vikas Patra Calculator

The Kisan Vikas Patra (KVP) Calculator computes the maturity period and amount for KVP certificates, which currently double your investment in 115 months (9 years 7 months) at 7.5% interest rate. KVP is a government-backed savings scheme available at post offices and authorized banks, with no maximum investment limit. The scheme is open to all Indian citizens (not just farmers as the name suggests) and provides guaranteed returns with sovereign backing.

KVP is ideal for long-term, risk-free wealth accumulation. The minimum investment is ₹1,000 and certificates are available in denominations of ₹1,000, ₹5,000, ₹10,000, and ₹50,000. Premature encashment is allowed after 2 years and 6 months (with conditions). KVP does not qualify for Section 80C deduction, and the interest is fully taxable, which makes it less tax-efficient than NSC or PPF. However, its simplicity and guaranteed doubling feature make it popular. Our calculator shows the maturity timeline and effective yield for FY 2026-27.

Key Features

Maturity calculation (doubles in 115 months at 7.5%)
Year-wise value growth table
Premature encashment value computation
Tax implication analysis
Comparison with other small savings schemes

Frequently Asked Questions

How long does KVP take to double?

At the current interest rate of 7.5% per annum, Kisan Vikas Patra doubles your investment in 115 months (approximately 9 years and 7 months). The government periodically adjusts both the interest rate and the doubling period. The rate is reviewed quarterly based on government securities yields.

Is KVP eligible for Section 80C deduction?

No, Kisan Vikas Patra does not qualify for deduction under Section 80C of the Income Tax Act. The interest earned on KVP is fully taxable as "Income from Other Sources" in the year it accrues. No TDS is deducted on KVP interest, but you must declare it in your tax return and pay tax at your applicable slab rate.

Kisan Vikas Patra Calculator