KVP Calculator 2026 — Kisan Vikas Patra Maturity Calculator

Eligible individuals under current scheme rules include permitted single and joint holdings and eligible guardian/minor arrangements. New NRI investment is not permitted under the currently verified National Savings eligibility framework.

Yes, but specific premature-closure rules apply. The 2 years 6 months point is important under current rules, while specified circumstances may permit earlier closure. This calculator intentionally does not estimate premature-closure proceeds.

No. KVP should not be treated as tax-free merely because tax may not be deducted at source in the usual way. No TDS does not automatically mean no tax. KVP-specific Section 80C deduction should not be assumed.

Transfer between account offices is permitted subject to procedure. Person-to-person transfer is allowed only under specified conditions. KVP may also be pledged as security subject to applicable rules and lender acceptance.

As last verified on 06 October 2026, the Kisan Vikas Patra (KVP) interest rate is 7.5% per annum, with the normal maturity period of 115 months (9 years 7 months) under the currently applicable terms. Rates and maturity periods can change through Government notification, so always check the latest official information.

You invest an eligible lump-sum amount in Kisan Vikas Patra under the applicable National Savings rules. The Government-notified terms at the time of opening determine the interest rate and normal maturity period. Under the currently verified terms, the invested amount becomes twice the original amount at normal maturity.

Enter your KVP investment amount in the calculator above. If you already have a KVP, you can also enter the opening date so the calculator can use the supported verified terms for that period and calculate the normal maturity amount and maturity date. For current normal-maturity terms, the calculator applies the official maturity rule rather than treating KVP as a generic compound-interest investment.

KVP accounts can be opened at Post Offices and authorised banks, subject to the applicable Government rules and available facilities. India Post also provides certain online facilities for eligible customers through its Internet Banking system.

Generally, you need the prescribed account-opening form and KYC documents such as PAN and Aadhaar. If Aadhaar is not available, prescribed alternative documents may be accepted. Joint accounts require KYC of all joint holders, and a minor's account requires the guardian's KYC. Additional documents may be required depending on the amount invested or applicable KYC rules.

KVP terms applicable to an investment are based on the Government-notified terms applicable when the account is opened. Rates for new investments may be revised from time to time. Therefore, an older KVP should be checked using the terms applicable to its opening date rather than simply using today's rate.

Yes. Nomination facility is available for KVP. India Post's current savings-scheme guidance provides for nomination at account opening and also allows changes through the prescribed process.

Under the current National Small Savings eligibility guidance, NRIs are not eligible to open new National Small Savings Scheme accounts. Eligibility rules can change, so current official rules should be checked before investing.

You can open a KVP by following the applicable account-opening process through a Post Office or authorised bank. At India Post, the process requires the prescribed account-opening and KYC requirements. Eligible DoP Internet Banking customers may also have online KVP opening facilities. Always check the current process before investing because operational procedures can change.