Post Office Scheme: Are you thinking of securing your financial future? Do you want an investment where your money can double? If yes, then the special schemes of Indian Post Office can be a great option for you. Here we will tell you about a scheme which has the potential to double your money in just a few months.
Kisan Vikas Patra Yojana: Golden opportunity to double the money Kisan Vikas Patra Yojana is a safe investment option, in which you get a chance to invest without any market risk. By investing in this scheme, you get interest up to 7.5 percent, which helps in increasing your investment.
Benefits of the scheme
- Account opening facility : You can open a single or joint bank account under this scheme. Three people can join a joint account.
- Minimum Investment Amount : The minimum investment amount in this scheme is Rs 1000.
- Requirement of Nominee : It is mandatory to add nominee name in the account.
- Account opening process : You can open an account for Kisan Vikas Patra Yojana by visiting your nearest post office.
Calculation of doubling the money
If you invest Rs 5 lakh, your amount will double in 115 months. By investing Rs 5 lakh under this scheme, you will get a total of Rs 10 lakh if you get 7.5 percent interest. If you are looking for a safe and profitable investment scheme, then Kisan Vikas Patra Yojana can be an excellent option for you. By taking advantage of this scheme, you can make your financial future secure.
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