KVP Calculator
Kisan Vikas Patra doubles your one-time deposit at the notified 7.5% — see your maturity value and exactly how long the doubling takes.
What is the Kisan Vikas Patra?
The Kisan Vikas Patra (KVP) is a post-office certificate with a single promise: it doubles your one-time deposit in exactly 115 months — 9 years 7 months — at the currently notified 7.5% per annum. Despite the name, anyone can buy it, not just farmers. There is no market risk: the doubling is fixed on the day you invest and carries the sovereign guarantee.
Enter the amount and this calculator confirms the maturity value (always exactly double), the interest earned and the doubling period that applies at today\'s rate.
The doubling rule
M = 2 × P (after 115 months)
- M — the maturity value
- P — the one-time deposit (minimum ₹1,000, no upper limit)
- 115 months — the notified doubling period at the current 7.5% per annum, i.e. 9 years 7 months
When the government revises the KVP rate, the doubling period changes for new purchases — certificates already bought keep the period fixed at issue.
How to use this calculator
- Enter the investment amount — ₹1,000 upwards in ₹1,000 steps.
- Read the maturity value (double the deposit), the interest earned (equal to the deposit) and the time to double.
A worked example
₹1,00,000 in KVP today:
- Maturity value: ₹2,00,000 after 9 years 7 months (115 months)
- Interest earned: ₹1,00,000 — exactly equal to the deposit
The doubling is precise to the paisa: ₹1,23,456.78 matures to ₹2,46,913.56 on the same certificate terms.
115 months — 9 years 7 months — at the current 7.5% per annum. The rate is notified quarterly; if it changes, the doubling period changes for new certificates only.
No. Unlike NSC or PPF, KVP has no Section 80C benefit, and the interest is fully taxable at your slab rate. Its appeal is the guaranteed, sovereign-backed doubling, not tax efficiency.
Yes, after a lock-in of 2 years 6 months, at pre-declared encashment values that grow with the holding period — but you only get the full doubling by staying the whole 115 months.
Resident adults, singly or jointly, and guardians on behalf of minors, at post offices and authorised banks. NRIs and HUFs cannot invest. Minimum ₹1,000; no maximum.
No TDS is deducted on post-office KVP at maturity, but the accumulated interest is taxable and must be reported in your ITR — commonly in the maturity year, or annually on accrual if you prefer consistency.