Banking
KVP Calculator
Computes the doubling period for a Kisan Vikas Patra investment at the current interest rate, and its value at any holding period.
Your details
₹
%
yrs
Doubling period
10
Value at your holding period
₹1,98,784
At 7.5%, your KVP investment doubles in about 9.6 years. After 9.5 years, it's worth approximately ₹1,98,784.
How this is calculated
Doubling period = ln(2) ÷ ln(1 + rate/100). Value at any holding period compounds annually up to that doubling point.
Source: KVP rate and resulting doubling period are revised quarterly by the Ministry of Finance; verify the current rate.
Frequently asked questions
What is KVP?
Kisan Vikas Patra is a government savings certificate designed around a simple promise: your money doubles in a fixed period determined by the prevailing interest rate.
Is KVP eligible for 80C?
No — unlike PPF or NSC, KVP does not qualify for a Section 80C deduction.
Is KVP interest taxable?
Yes — interest is taxable as per your slab, though no TDS is deducted at source.