KVP Calculator

Kisan Vikas Patra · doubles in ~115 months
₹1,00,000
Maturity value
Total interest earned
Principal
Effective annual yield
Years to double (exact)
Years to double (72 rule)
Maturity date

Backed by Govt of India

KVP is a post-office small-savings scheme with sovereign guarantee — no market risk. Current 7.5% rate doubles money in about 115 months (9 yrs 7 mo). Interest accrues annually and is paid out only at maturity.

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KVP formula & rules

Maturity = Principal × (1 + r)n where r = annual rate (7.5% currently) and n = years. KVP uses annual compounding — simpler than bank FDs (which compound quarterly) but at a competitive sovereign-backed rate.

Tax warning: KVP interest is fully taxable at your slab (accrues yearly even though paid at maturity). TDS applies on aggregate post-office interest (KVP + NSC + MIS + TD) over ₹40,000/yr — ₹50,000 for senior citizens. Unlike PPF/SSY, there is no 80C deduction on KVP investment.

How to invest (nominal process)

  1. Visit any India Post branch with Aadhaar + PAN (KYC) and 2 photos
  2. Fill KVP application form (Form A); choose single or joint holder
  3. Pay by cash, cheque, or demand draft (cheque clears before certificate issues)
  4. Receive KVP certificate (or e-certificate if you have a post-office savings account)
  5. Nomination is optional but recommended at opening (Form C)

Frequently asked questions