KVP Calculator
Calculate when your Kisan Vikas Patra investment doubles at the current interest rate. Free, privacy-first — inputs never leave your browser.
Details
Result
Doubles to
₹2,00,000
In
9.6 yrs (115 months)
Invested
₹1,00,000
For estimation only. Not professional financial, tax, or legal advice. Consult a qualified advisor before making decisions. Full disclaimer.
Kisan Vikas Patra
KVP is a Post Office scheme that doubles your money at the prevailing rate. At the current 7.5% rate, your investment doubles in about 115 months (9 years 7 months). Interest is taxable but no TDS; no 80C benefit.
Common questions about KVP
What is Kisan Vikas Patra (KVP)?+
KVP is a Government of India small savings certificate issued via India Post that doubles your money in a fixed period. Currently (Q1 FY 2026-27), it offers 7.5% p.a. compounded annually, doubling the invested amount in approximately 115 months (9 years 7 months). Minimum investment ₹1,000; no maximum limit. Available in denominations of ₹1,000, ₹5,000, ₹10,000, and ₹50,000.
Does KVP qualify for 80C tax deduction?+
No — KVP has no tax benefit on investment. This is its main drawback vs NSC or PPF. Further, the interest earned is fully taxable at your slab rate (TDS applicable if annual interest crosses ₹40,000). Treat KVP as a safe accumulation instrument for those outside the tax bracket or for parking funds where 80C is already exhausted. For tax-saving, NSC at 7.7% with 80C is superior.
Can KVP be withdrawn prematurely?+
Yes, but with conditions. No withdrawal allowed in the first 2.5 years (30 months). After 2.5 years, premature encashment is allowed at predetermined values — you get a lower effective yield. For example, encashing between 2.5-3 years yields ~6.4% vs the full 7.5% at doubling. Withdrawal also allowed on death of holder, court order, or forfeiture by Gazetted officer pledgee.
Who should invest in KVP?+
KVP suits risk-averse investors with surplus funds and no need for 80C benefit (perhaps new-regime taxpayers or retirees). Good for gifting children (minors can hold via guardian), rural investors without bank access (widely available at post offices), and those who prefer physical certificates. Compare with: bank FD (may give 7%-7.5% but taxable too), NSC (7.7% + 80C), SCSS (8.2% for seniors).
Is KVP transferable?+
Yes. KVP can be transferred from one person to another (on death, court order, or pledge) and between post offices. Unlike NSC/PPF, KVP was originally designed as a bearer instrument but now requires KYC (PAN mandatory for investments above ₹50,000) per anti-money-laundering rules. Joint holding (type A and B) allowed, and nomination facility is available.
How is KVP interest accounted for tax?+
Interest accrues annually and is taxable on accrual basis each year (not only at maturity) — add the annual accrual to "Income from Other Sources" in your ITR. Alternatively, declare on receipt basis and pay tax only on maturity. Post office does not deduct TDS automatically on KVP (unlike banks on FDs). Keep track of accrued interest yourself, especially for higher-bracket taxpayers.