Kisan Vikas Patra (KVP) interest rate April-June 2026: Doubles your investment in 115 months

The government has kept the KVP interest rate unchanged at 7.5% for the April-June quarter of the new financial year starting April 1.

Moreover, the KVP interest rate has remained unchanged at 7.5% since April 1, 2023.

Doubles investment in 115 months

The KVP scheme is popular among small investors interested in a safer way to double their investment. At the current 7.5% interest rate, your investments in a KVP account can double in 115 months (9 years and 7 months).

The amount once deposited in a KVP account can be withdrawn only on maturity. However, you are allowed to apply for premature closure under certain conditions.

An account under the KVP scheme can be opened in the post office by the following:

• Single adult: The account can be opened by an individual adult.

• Joint account: A joint account can be opened by up to three adults.

• Guardian: A guardian can open the account on behalf of a minor or a person of unsound mind.

• Minor: A minor above 10 years can open the account in their own name.

The scheme allows a minimum investment of ₹1,000, and there is no maximum investment limit. The gains from this scheme are taxable at individual slab rates under both the new and old tax regimes.