KVP calculator
Kisan Vikas Patra doubles your money. This says how long that takes at the current rate.
Keep this answer
Record this deposit once and the app does the rest: reminded before it matures, told the day TDS starts at that bank, and the rules of the product explained with your own numbers. Free, and your deposits stay on your phone.
Get it on Google PlayPaying an EMI as well? The Freebird EMI calculator does the same job for loans.
Questions people ask
How long does KVP take to double?
At 7.5% it is 115 months, nine years and seven months. The government publishes the period with each rate change.
Is there a tax benefit?
None. KVP gets no 80C deduction, and the interest is taxable every year on accrual.
Can I encash early?
After two and a half years, at the value set out in the scheme table for the period held.
Is there a maximum?
No upper limit.
Is it transferable?
Yes, to another person, with the post office's approval.