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What is Kisan Vikas Patra: A Smart Investment Option about?

Kisan Vikas Patra (KVP) is a small savings instrument offered by post offices in India that provides an annual pre-tax return of 8.41% and doubles your investment amount in 8 years and 7 months. KVP is an attractive investment option for medium to long term goals once you have exhausted tax-saving instruments like PPF and NSC. While PPF and NSC provide better returns due to associated tax benefits, KVP returns are comparable or better than other debt instruments if you do not consider taxes. KVP also offers

Author

Hardik Patel

Language

EN