Kisan Vikas Patra (KVP)

The Scheme Kisan Vikas Patra was discontinued with effect from 1.12.2011.
 Scheme Re-launched Please read about Kisan Vikas Patra Here
Following text is for information purpose only

Kisan Vikas Patras (KVPs) are available at all Head Post Offices and authorized post offices throughout India. The KVPs are measured as the most safe investment tool, as it has the backing of the Government of India. The principal is assured (guaranteed) and it is deemed to be a safe avenue for investing your money.

KVP is suitable for an increase in investment as it accumulates money at a fixed rate, and money doubles at the end of the specified period. It is for those looking for guaranteed returns.

Who can purchase Kisan Vikas Patra:

  • An adult in his own name or on behalf of a minor,
  • A minor,
  • A Trust,
  • Two adults jointly.

Where available

Available for purchase/issue at Post Offices.

Maturity amount / period :

With effect from 1st March, 2003, invested amount doubles on maturity
after Eight Years and Seven months.

Nomination :

Nomination facility is available.

Denomination / Deposit limits

  • Certificates are available in denominations (face value) of Rs. 100, Rs.
    500, Rs. 1000, Rs. 5000, Rs. 10,000 & Rs. 50,000.
  • There is no maximum limit for purchase of the certificates.

Tax Benefits under Kisan Vikas Patra:

No income tax benefit is available under the scheme. However the deposits
are exempt from Tax Deduction at Source (TDS) at the time of withdrawal.

Premature encashment :

Premature encashment of the certificate is not permissible except at a
discount in the case of death of the holder(s), forfeiture by a pledgee and
when ordered by a court of law.

Place of Encashment/discharge on maturity :

Can be encashed/discharged at the post office where it is registered or any other post

Replacement of Kisan Vikas Patra

A duplicate certificate (Kisan Vikas Patra) may be issued if the certificate is lost, stolen destroyed, mutilated or defaced, provided a satisfactory evidence is produced about such loss, theft, destruction, mutilation or defacement.

28 comments for “Kisan Vikas Patra (KVP)

  1. B k das
    December 3, 2016 at 1:45 pm

    Kvp is operation in the year 2016 or not, please reply.

  2. Sheikh Mohammad Rafi
    October 5, 2016 at 9:00 am

    Sir I want kisan bikas Patra minimum age limit

  3. Arabinda Kanungo
    December 29, 2015 at 7:40 pm

    I have a KVP (5 and half years) of Aug 2004, purchase value was Rs 5000. At that time, the scheme was double in 5 and half years.
    How can I encash it now and how much will I receive?

  4. Dhaval
    November 5, 2015 at 10:51 am

    I have lost my kisan vikas patra and i dont have record of this scheme.. so how to solve this problem and get my investment back???

    • Krishan Chand
      June 4, 2016 at 8:38 am

      I am also sufferer like you. the situation is same. If there is any remedy please inform me on my email.

  5. Bhawanand Mishra
    October 8, 2015 at 5:47 am

    dear sir

    i have invested in kisaan vikas patra.want to know
    1. that can we see my update online or can we get any other proof in my email id if that certificate lost….
    2.after maturity is there any processure to withdraw online.

    • Jeevan Tarun
      October 19, 2015 at 5:15 pm

      Currenlty no online support from Post office of India.

    November 23, 2014 at 8:21 am

    There is no clarity of TDS at the time of maturity of KVP. Please clarify.

  7. Manoranjan Das Mohapatra
    November 17, 2014 at 4:10 am

    my lic maturity after paying installment. what is suitable for me to take this-
    1- full amount
    2- pension
    3- 1/2 pension /1/2 amount to be withdrawn.
    pl. suggest to do same.

    • Savingwala
      December 10, 2014 at 8:27 am

      Please post your query in proper section

  8. Ayushi
    October 24, 2014 at 5:32 am

    My mother’s KVP got lost on a journey. A police complaint has been lodged. We also have the railway ticket. what else is required for the proof? please suggest..

    • sagar
      December 6, 2014 at 10:38 am

      I have lost my kisan vikas patra please suggest for that what to do?

  9. B.K. Mohanty
    October 19, 2014 at 4:11 pm

    I have purchased KVP at Haryana. Presently i am at Odisha. The KVP was matured in the year 2013. I have submitted an application as per advice of postmaster for transfer/clearance of KVP for Reimbursement. Till date i have not received any confirmation from Post office since 7 months gone.

    Suggest me how can i get the money.

    • sj bhatnagar
      September 11, 2015 at 8:42 am

      has on line carification of KVP taken at Delhi possible at Pune rather than sending them to Delhi for transfer

    October 18, 2014 at 2:55 pm


    • goutam ghosh
      October 26, 2015 at 4:55 am

      How to investigate my kvp which purchase in the year 2010.

  11. Mr.K.K.Mukherjee
    October 16, 2014 at 11:46 am

    I am an aged Sr.citizen ,77 years old.I need to en cash my KVP acquired by investing an amount of Rs 24000 on 04-02-09.Certificates in my possession are 2nos Rs 10000 each and 4nos Rs 1000 each Before maturity date,(04-09-2017 when the amount will be doubled) I like to surrender my whole 6 nos certificates of value Rs 24000 for redemption.I have not taken either any advance or loan amount against certificates mortgaging. On 19-10-14 if the certificates are handed over to issuing post office( after 5years 6 months and 15 days) what amount will be paid .
    Request for help and reply .

  12. Sourav
    October 6, 2014 at 3:40 am

    Hi, some days ago it is heared that kbp will continue soon. So what is the possible date of launching kbp scheme? Please inform me some other good investment schemes also.

  13. amitabha
    June 28, 2014 at 7:54 am

    matured amount 60,000 will be able to withdraw cash.

  14. hiral
    April 13, 2014 at 6:23 am

    Hi I have lost my kissan Vikas patra. matuarity date is also over. how can I gave my duplicate certificate and amount. kindly give me information. thank you.

  15. bawa devi
    March 24, 2014 at 8:29 am

    Dear sir/Madam, I have lost my Kisan Vikas Patra. Muturity date is also over. How can I get my duplicate certificate and amount. Kindly give me information

  16. padmini
    February 11, 2013 at 10:09 am

    Hi I have lost my Kisan Vikas Patra. Muturity date is also over. How can I get my duplicate certificate and amount. Kindly give me information

    • Urmil Malik
      May 25, 2014 at 12:49 pm

      I have lost my Kisan Vikas Patras. Kindly advise me the procedure for getting the duplicate certificates.

    • Piyali Debnath
      August 20, 2015 at 4:38 am

      Hallo, My father fixed money for KVP but now lost the KVP certificate. Please tell me the procedure how to get our money. Please I requested to you. Thank You.

  17. Srinivasan K.V
    November 20, 2012 at 2:00 pm

    The Scheme KVP was discontinued with effect from 1.12.2011. Hence please remove the contents from your website. Then KVP had in built provision for Pre mature encashment after 2 and half years. I am the Investment Consultant for the Govt. of India.

    • C. Henriques
      December 27, 2012 at 1:10 pm

      Hi Srinivasan,

      I wanted to know if there is any safe investment scheme (guaranteed returns) for max 5 years investment which has tax benefit.

    • Richa
      March 27, 2014 at 12:54 pm

      can u please let me know a good investment like KVP….thanks

    • Charanjit
      October 22, 2014 at 2:25 pm

      Hi, my father had invested in KVP and NSC from Kolkata during service however he is no more.Kinldy suggest the procedure for withdrawal as my mother is the nominee for it.
      What is the document we need to send and to whom?
      how much time it will take?
      Is there any online procedure available?

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