What is Kisan Vikas Patras?
Kisan Vikas Patras is a safe and long term investment option backed by the Government of India which provides interest income similar to bonds. The title of the scheme makes some misconception that it is only meant for farmers. But anyone can go for Kisan Vikas Patra. KVP is beneficial for those looking for a safe avenue of investment without the pressing need for a regular source of income. Money doubles at the end of specified period. How to invest ? Kisan Vikas Patra is available in all head post offices and other Authorized post offices throughout India. After filling up the prescribed form and submitting money, the certificate will be issued after the realization of cheque, pay order or DD. The post office will issue an identity slip along with the certificate. This signed identity slip will help the purchaser to get a duplicate certificate from loss of the same and also assures the smooth encashment of certificate on maturity. Who can Invest ? Kisan Vikas Patra can be purchased b