Maturity Value of Kisan Vikas Patra in different time duration
Money doubles in 8 years and 7 months. Facility for premature encashment as per the table given below (for the KVP purchased on or after 1st March 2003).
|
After |
Amount Payable |
| 2 years 6 months or more but less than 3 years |
1170.51 |
| 3 years more but less than 3 years 6 months |
1207.95
|
| 3 years 6 months or more but less than 4 years |
1267.19 |
| 4 years or more but less than 4 years 6 months |
1310.80 |
| 4 years 6 months or more but less than 5 years |
1355.90 |
| 5 years or more but less than 5 years 6 months |
1435.63
|
| 5 years 6 months or more but less than 6 years |
1488.49 |
| 6 years or more but less than 6 years 6 months | 1543.30 |
| 6 years 6 months or more but less than 7 years | 1649.13 |
| 7 years or more but less than 7 years 6 months |
1713.82 |
| 7 years 6 months or more but less than 8 years |
1781.06 |
| 8 years or more but less than 8 years 7 months |
1850.93 |
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