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Thread: Can I buy Kisan Vikas Patras (KVPs)?

  1. #1
    PolicyWala NewBie
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    Question Can I buy Kisan Vikas Patras (KVPs)?

    I am looking to buy Kisan Vikas Patras (KVPs). I have some queries on the same -
    1- Can I buy Kisan Vikas Patras (KVPs)?

    2- Or it is available for agricultural people (who are working as Kisan)?



  2. #2
    PolicyWala Fan Natraj's Avatar
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    Any individual can buy KVPs.
    In order to get a Loan, you first need to prove that you don't need it.

  3. #3
    Super Moderator PolicyWala's Avatar
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    Quote Originally Posted by RajS View Post
    I am looking to buy Kisan Vikas Patras (KVPs). I have some queries on the same -
    1- Can I buy Kisan Vikas Patras (KVPs)?
    2- Or it is available for agricultural people (who are working as Kisan)?
    Who can purchase KVPs -
    1. An adult in his own name or on behalf of a minor,
    2. A minor,
    3. A Trust,
    4. Two adults jointly.

  4. #4
    PolicyWala NewBie
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    Thanks Natraj and PolicyWala. I have few more queries on KVPs -
    1- What is the Maturity Period for KVPs?
    2- What is the denomination or deposit limits for KVPs?

  5. #5
    PolicyWala Fan Natraj's Avatar
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    Very old query, my inputs -
    Quote Originally Posted by RajS View Post
    Thanks Natraj and PolicyWala. I have few more queries on KVPs -
    1- What is the Maturity Period for KVPs?
    Money doubles in 8 years and 7 months.
    2- What is the denomination or deposit limits for KVPs?
    Minimum Investment Rs. 500/- No maximum limit.
    In order to get a Loan, you first need to prove that you don't need it.


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