Post Office Money Double Scheme: Along with the great interest in the schemes of the post office, the security of the money invested is also guaranteed by the government. Kisan Vikas Patra is also considered a money doubling scheme.
Everyone saves some amount from their earnings and wants to invest it in a place where they not only get a strong return but also the money remains safe. One such post office scheme is Kisan Vikas Patra or KVP Scheme, the special thing about which is that it doubles the money of the investors in just 115 months. Let us know about this special scheme in detail…
Money doubling scheme
If you also want to earn more money without taking any risk, then this popular scheme of the post office Kisan Vikas Patra (KVP) can prove to be great. This scheme was started especially to give more profit. By investing in this government scheme, the money gets doubled in 115 months (Double Income Scheme). You can invest a minimum of Rs 1000 in multiples of 100. The special thing is that there is no maximum limit in this. You can invest as much money as you want.
How many accounts can be opened in the scheme
Under the Kisan Vikas Patra Scheme, both single and double accounts can be opened. An account can also be opened in this government scheme in the name of a child above 10 years of age. Along with this, a person can open any number of accounts. There is no limit to this either. 2, 4, 6, you can open as many accounts as you want under the Kisan Vikas Patra Scheme.
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