KVP Calculator (Kisan Vikas Patra)

Calculate the guaranteed doubling of your deposit in Kisan Vikas Patra (KVP). Shows the exact maturity horizon (115 months / 9 years 7 months) and the official statutory premature redemption values after the 2.5-year lock-in.

A ₹50,000 deposit in Kisan Vikas Patra (KVP) at the current 7.5% sovereign rate doubles to guaranteed ₹1,00,000 in exactly 9 Years 7 Months (115 Months), earning ₹50,000 in total interest.

Kisan Vikas Patra (KVP)

100% Capital Doubling

Calculate your guaranteed 2x money doubling timeline and statutory premature encashment values for Kisan Vikas Patra.

Certificate Investment Amount

₹

Minimum ₹1,000, in multiples of ₹100. No upper limit on investment.

Government Notified Annual Interest Rate

Official Ministry of Finance rate is 7.5% p.a. compounded annually.

Statutory 30-Month Lock-In Period

KVP certificates cannot be encashed before 2 years and 6 months (30 months) from the date of deposit, except upon death of the holder or under a court order.

Guaranteed Maturity Payout (2x)

₹1,00,000

Doubles in 9 Years 7 Months (115 Months)

Total Guaranteed Interest

₹50,000

100% return over the 115-month tenure

Doubling Horizon

115 Months

9 Years and 7 Months to maturity

Premature Lock-In

30 Months

Redemption allowed after 2.5 years

Maturity Capital Breakdown

Total₹1 L

Original Principal (50%): ₹50,000
Guaranteed Gain (50%): ₹50,000

Official Statutory Premature Encashment Schedule

Official Statutory Premature Encashment Schedule
Holding Period	Tenure	Value per ₹1,000	Redemption Payout	Gain Earned
2 years 6 months to < 3 years	30 months	₹1,154	₹57,700	₹7,700
3 years to < 3 years 6 months	36 months	₹1,200	₹60,000	₹10,000
3 years 6 months to < 4 years	42 months	₹1,247	₹62,350	₹12,350
4 years to < 4 years 6 months	48 months	₹1,296	₹64,800	₹14,800
4 years 6 months to < 5 years	54 months	₹1,347	₹67,350	₹17,350
5 years to < 5 years 6 months	60 months	₹1,400	₹70,000	₹20,000
5 years 6 months to < 6 years	66 months	₹1,455	₹72,750	₹22,750
6 years to < 6 years 6 months	72 months	₹1,512	₹75,600	₹25,600
6 years 6 months to < 7 years	78 months	₹1,572	₹78,600	₹28,600
7 years to < 7 years 6 months	84 months	₹1,634	₹81,700	₹31,700
7 years 6 months to < 8 years	90 months	₹1,698	₹84,900	₹34,900
8 years to < 8 years 6 months	96 months	₹1,765	₹88,250	₹38,250
8 years 6 months to < 9 years	102 months	₹1,835	₹91,750	₹41,750
9 years to < 9 years 7 months	108 months	₹1,908	₹95,400	₹45,400
Maturity (115 months / 9 yrs 7 mos)	115 months	₹2,000	₹1,00,000	₹50,000

KVP Maturity Value (115 Months)

₹1,00,000

Guaranteed 2x doubling | Total interest: ₹50,000

KVP is backed by the sovereign guarantee of the Government of India, carrying zero credit default risk.

What it is:: A sovereign government certificate scheme that doubles invested capital over a fixed statutory period.
What it calculates:: Exact doubling maturity date, total guaranteed interest, and graded premature encashment values.

Key Assumptions

Current gazetted doubling timeline of 115 months.
Statutory premature encashment schedule after 30-month lock-in.
Interest is fully taxable under Income from Other Sources without TDS.

How it works

Kisan Vikas Patra is a sovereign small savings scheme where the Government of India guarantees to double your invested capital upon maturity.

At the notified interest rate of 7.50% p.a. compounded annually, money doubles in exactly 115 months (9 years and 7 months).

Statutory Lock-In: KVP has a mandatory lock-in period of 2 years and 6 months (30 months). No premature withdrawal is permitted before 30 months except upon death or court decree.

Premature Encashment: After 30 months, certificates can be encashed prematurely at predefined statutory redemption values per ₹1,000 notified in the Government Gazette.

Formula

Maturity Value = Principal x 2; Doubling Tenure = 115 Months (9 Years 7 Months)

Principal: = Invested certificate amount (minimum ₹1,000)
2x: = Statutory doubling guarantee by the Government of India
115 Months: = Effective maturity tenure at 7.50% annual compounding

Interest is taxable annually or on maturity under Income from Other Sources; no TDS is deducted by the Post Office.

Example calculation

₹50,000 in Kisan Vikas Patra (KVP) at 7.50% p.a.

Invested Certificate Principal: ₹50,000
Guaranteed Doubling Horizon: 9 Years 7 Months (115 Months)
Guaranteed Maturity Payout (2x): ₹1,00,000
Total Guaranteed Interest: ₹50,000
Premature Encashment Lock-In: 30 Months (2.5 Years)
Redemption Value after 30 Months: ₹57,700

Frequently asked questions

In how many months does money double in KVP?

Under the current Ministry of Finance notification (at 7.50% annual interest), money in Kisan Vikas Patra doubles in exactly 115 months (9 years and 7 months). For example, an investment of ₹1,00,000 returns guaranteed ₹2,00,000 on maturity.

What is the lock-in period for KVP?

KVP has a mandatory lock-in period of 2 years and 6 months (30 months). Premature encashment is legally prohibited before 30 months, except under court orders or the demise of the account holder.

Is KVP eligible for Section 80C tax deduction?

No. Unlike NSC or PPF, investments in Kisan Vikas Patra do NOT qualify for a tax deduction under Section 80C. The interest earned is fully taxable as income from other sources at your applicable slab rate.

Can KVP be transferred from one post office to another?

Yes. KVP certificates can be transferred from one post office or bank branch to another, and can also be transferred from one individual to another by submitting Form B to the postmaster.

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