Kisan Vikas Patra

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf savings certificate
gptkbp:availableOn individuals
trusts
joint holders
gptkbp:benefit no tax benefit under Section 80C
gptkbp:country gptkb:India
gptkbp:denomination Rs. 1000
Rs. 5000
Rs. 10,000
Rs. 50,000
https://www.w3.org/2000/01/rdf-schema#label Kisan Vikas Patra
gptkbp:interestCompounding annually
gptkbp:introducedIn 1988
gptkbp:launched gptkb:Government_of_India
gptkbp:lockInPeriod 2.5 years
gptkbp:mainInterest varies periodically
gptkbp:maturation approximately 10 years
gptkbp:maturityValue doubles investment at maturity (subject to prevailing rate)
gptkbp:maximumLoanAmount can be pledged as security for loans
gptkbp:minimumInvestment Rs. 1000
gptkbp:nominationFacility available
gptkbp:offeredBy gptkb:India_Post
selected banks
gptkbp:prematureEncashment allowed under specific conditions
gptkbp:reintroducedInYear 2014
gptkbp:targetAudience small investors
gptkbp:transferredTo yes
gptkbp:type fixed income instrument
gptkbp:bfsParent gptkb:Ministry_of_Finance_(India)
gptkb:Department_of_Posts
gptkb:India_Post
gptkbp:bfsLayer 6