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Kisan Vikas Patra
KVP Calculator
Kisan Vikas Patra doubles your money in a fixed number of months set by the government. Enter your amount to see the maturity value, the doubling period at the current rate, and how the value builds year by year.
Your KVP
See value year by year
Values assume annual compounding at the KVP rate. Official early-encashment values (after 2 yrs 6 mo) follow the government's schedule and are slightly lower.
| Year | Value | Multiple |
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How it's calculated
Kisan Vikas Patra is a savings certificate that doubles your money in a fixed period. The government sets the interest rate each quarter, compounded annually, and announces the matching doubling period — 115 months at 7.5%. Maturity value is exactly twice the amount invested, and the doubling period follows from the rate: months ≈ 12 × ln 2 ÷ ln(1 + rate).
Example: ₹1,00,000 invested at 7.5% becomes ₹2,00,000 after 115 months (9 years 7 months). A higher notified rate shortens that period; a lower one lengthens it.
The rate and doubling period are fixed for a certificate when you buy it. Minimum investment is ₹1,000 in multiples of ₹100, with no upper limit. There is no Section 80C benefit, and the interest is taxable. The table values are formula-based; the certificate itself pays exactly double at maturity.