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Smart Savers: #6 Kisan Vikas Patra

Thursday, April 6, 2017, 10:00 AM

Kisan Vikas Patra is an instrument on which fixed interest is paid by the government. This instrument is sold by the Government and can be purchased through any Post Office. The principal amount invested in KVP will be doubled in a time of 8 years and 4 months or 100 months. Kisan Vikas Patra offers an interest of 7.6% per annum.
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