KVP 2026: Money Doubles in 115 Months at 7.5% Interest

Kisan Vikas Patra is like a special piggy bank run by the Indian government.

When you put money in, the government promises to double it for you.

Right now, the government gives you 7.5% extra money every year.

If you wait 9 years and 7 months, your money becomes twice as much.

For example, if you put in 1 lakh rupees, you get 2 lakh rupees back.

Only people who live in India can open this account.

You can open it alone or together with up to three other adults.

Even kids who are 10 years old can open one.

You need at least 1,000 rupees to start saving.

The extra money you earn is taxed, so you have to pay tax on it.