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There are many types of schemes and options available for investing money. Some people invest their money in schemes like FD, while some people take risks and invest their money in post office schemes.
At the same time, many types of government schemes are also being run by the post office, in which people can make good profits by making safe investments. These schemes of the post office are government schemes. In such a situation, all schemes are safe.
Today we will tell you about a government scheme of the post office, in which you can double your money by investing. However, for this you will have to wait. We are talking about the Kisan Vikas Patra or KVP scheme of the post office. Kisan Vikas Patra is a government scheme, which doubles the invested amount in 115 months. Let’s know.
Kisan Vikas Patra Scheme
People can double their money by investing in Kisan Vikas Patra. One can start investing in this scheme with just Rs 1000. There is no maximum investment limit. This scheme gives 7.5 percent annual compound interest. The maturity period of this scheme is 115 months. On maturity, the amount invested by you gets doubled.
Application in Kisan Vikas Patra Scheme
To apply for the Kisan Vikas Patra scheme, you can apply by visiting the nearest branch of your post office. For this, you will need documents like Aadhaar card, PAN card, voter ID, passport for identification. Along with this, address proof and passport size photo will also be required.
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