Kisan Vikas Patra maturity and doubling time calculator for India post office scheme.
📖 Read our detailed guide: KVP Calculator India — everything you need to know
Read Guide →KVP is a government savings certificate available at post offices that doubles your investment in a fixed period (about 115 months at 7.5%). There is no upper investment limit, minimum is 1,000 rupees. It offers guaranteed, risk-free returns backed by the government.
At 7.5% interest (compounded annually), KVP doubles your money in approximately 115 months (9 years 7 months). The maturity period is revised quarterly when rates change. You can estimate using Rule of 72: 72 divided by interest rate gives approximate doubling years.
KVP offers higher interest than most bank FDs (6 to 7%) but no Section 80C tax deduction. PPF has 15-year lock-in but tax-free interest. KVP interest is fully taxable. Choose PPF for tax savings, KVP for flexible amounts with guaranteed doubling, FDs for shorter tenures.
KVP can be encashed after 2 years 6 months at a reduced rate. Before 2.5 years, withdrawal is only allowed for death of holder or court order. Premature encashment gives lower returns than holding to maturity.
Yes. KVP interest is fully taxable, added to your income in the maturity year. No TDS is deducted, but you must declare it in your ITR. KVP does not qualify for 80C deduction on investment, unlike PPF or ELSS. Consider your tax bracket before investing large amounts.