पोस्ट ऑफिस डबल मनी स्कीम – KVP Post office Double Money Scheme on Investment

पोस्ट ऑफिस डबल मनी स्कीम , पोस्ट ऑफिस डबल मनी स्कीम 2023 ,पुरानी पेंशन बहाली लेटेस्ट न्यूज़ 2023,पोस्ट ऑफिस पेंशन स्कीम, बुढ़ापा पेंशन प्लान, वृद्धा पेंशन योजना राजस्थान, पोस्ट ऑफिस PPF स्कीम, पोस्ट ऑफिस की 5 साल वाली स्कीम, पोस्ट ऑफिस चाइल्ड प्लान, post office scheme , post office scheme to double the money, post office scheme to double the money in hindi, post office fd interest rate, post office kissan vikas patra double money scheme , post office high return scheme , post office scheme how to invest , post office high return offer – India Post Office Scheme are much in number where from the view of Government saving schemes are provided to the general public where unorganised sector can make great savings by investing in multiple saving schemes of post office. Through the post office new scheme 2023 namely KVP Kissan Vikas Patra , you can earn greater returns on your deposits.

What is post office double money scheme , how much you can earn from double money scheme of post office and in how much time you can double your earnings from the KVP Scheme of post office , is what we have tried to explain in this article .

Contents hide

1 Is their any Post office Saving Double money scheme ?

2 Post Office KVP Double money yield scheme ?

3 How to invest in KVP Scheme of India Post Office ?

4 Amount to Invest in KVP Post office Scheme

5 Is it risky to invest in KVP Scheme of India Post Office ?

6 Post office KVP Scheme Duration and Premature Withdrawal ?

7 Interest rate provided on India Post KVP Scheme

8 How to double your Money by investing in KVP Post Office Scheme in India ?

Is their any Post office Saving Double money scheme ?

Through Post office you can on your savings by investing in them through a lump sum amount or in monthly installments . The schemes are introduced by Indian government to help general public to make savings and grow their savings through schemes . The interest rate on schemes provided by India post office is generally higher compared to bank savings.

Some of the post office schemes which are make for long term savings also double the money or provide returns upto 80% of the amount invested in the scheme . It is true that a investor or saving person have to wait atleast 20 years or even 15 years to get his savings double .

Post Office KVP Double money yield scheme ?

Kissan Vikas Patra is a investment scheme of Post office where Kissan or those involved in the agriculture or general public can invest in the scheme . It is certificate scheme where the investor will be issued a investment certificate with an investment maturity amount along with title and ownership of the certificate details printed on it .

In the scheme , interest is provided annually and is compounded on the scheme amount invested by the investor. Also , the scheme is for minimum duration of 10 years .

The amount with interest compounded annually is provided onto the savings and the investor earns interest on the interest amount generated periodically to double the investment in 10 years.

How to invest in KVP Scheme of India Post Office ?

Investment in KVP can be done through the nearby IndiaPost post office where you can seek for knowledge on the scheme and the application form . You can also obtain the application form from the Indiapost post office scheme website link and can invest in the scheme giving a lump sum amount .

No monthly contribution is allowed in the scheme. Also, you can invest any amount higher than 1000 in the scheme to earn returns.

Amount to Invest in KVP Post office Scheme

The minimum amount to invest in the scheme is Rs 1000 and you can obtain any number of certificates from the post office for your savings annually . While you cannot make monthly contribution , so it is better to make a lump sum investment in the scheme obtaining 4 to 5 certificates of amount distributed.

Is it risky to invest in KVP Scheme of India Post Office ?

Investing in KVP post office double money scheme is not risky while compared to stock market or mutual funds you do not find good investment results in KVP . The annuallised return in KVP Post office double money scheme is provided at 7.5% and it is risky in terms of lock in period where you cannot make premature withdrawal as per your needs.

Post office KVP Scheme Duration and Premature Withdrawal ?

The duration for investment in Kissan Vikas Patra scheme is for minimum of 120 months that is 10 years where the amount invested will be doubled . The amount of investment in KVP will double up by 10 years with including interest compounded annually.

As per the KVP Post office double money scheme withdrawal rules money can be withdrawn from the scheme only after 2.5 years of the investment in the scheme and their is no tax benefit provided under the scheme .

Interest rate provided on India Post KVP Scheme

The interest compounded annually under the KVP Certificate post office scheme is 7.5% where the interest will be joined in the principal amount to make the amount double at maturity under this scheme .

How to double your Money by investing in KVP Post Office Scheme in India ?

You can double your money by investing in the KVP Post office double money scheme by investing a minimum amount of Rs 5 lakh today and after 10 years the amount will become some amount near to Rs 10 lakh. Their are also other schemes of post office which can double your money but those require a period of atleast 15 to 20 years making your deposits double with interest .