Kisan Vikas Patra (KVP) Calculator 2026

Calculate post office 7.5% p.a. investment growth and exact tenure to double your principal capital

One-Time Investment Amount

₹

₹1,000₹50.00 L

Interest Rate (7.5% Compounded Annually)

1%30%

Rate is fixed by the scheme. Update if it changes.

Time Period

Yrs

9.58 Yr9.58 Yrs

Tenure is fixed at 9.58 years by the scheme.

Final value: ₹2.00 L
Your money becomes: 2.0×; of what you put in over 9.58 years.

Invested vs Interest

Total invested: ₹1.00 L
Interest earned: ₹1.00 L

Interest is 50.0% of final value

Year-by-year breakdown

Show as

1
Total contributed
₹1.00 L
Interest earned
₹7,500
Value
₹1.07 L
2
Total contributed
₹1.00 L
Interest earned
₹8,063
Value
₹1.16 L
3
Total contributed
₹1.00 L
Interest earned
₹8,667
Value
₹1.24 L
4
Total contributed
₹1.00 L
Interest earned
₹9,317
Value
₹1.34 L
5
Total contributed
₹1.00 L
Interest earned
₹10,016
Value
₹1.44 L
6
Total contributed
₹1.00 L
Interest earned
₹10,767
Value
₹1.54 L
7
Total contributed
₹1.00 L
Interest earned
₹11,575
Value
₹1.66 L
8
Total contributed
₹1.00 L
Interest earned
₹12,443
Value
₹1.78 L
9
Total contributed
₹1.00 L
Interest earned
₹13,376
Value
₹1.92 L
9.58
Total contributed
₹1.00 L
Interest earned
₹8,276
Value
₹2.00 L

Year	Total contributed	Interest earned	Value
1	₹1.00 L	₹7,500	₹1.07 L
2	₹1.00 L	₹8,063	₹1.16 L
3	₹1.00 L	₹8,667	₹1.24 L
4	₹1.00 L	₹9,317	₹1.34 L
5	₹1.00 L	₹10,016	₹1.44 L
6	₹1.00 L	₹10,767	₹1.54 L
7	₹1.00 L	₹11,575	₹1.66 L
8	₹1.00 L	₹12,443	₹1.78 L
9	₹1.00 L	₹13,376	₹1.92 L
9.58	₹1.00 L	₹8,276	₹2.00 L

Growth over time

The gap between the two lines is the interest earned — and it widens every year.

KVP maturity, with your numbers

Standard Formula

A = 2 × P — the deposit doubles at maturity, which is 115 months at 7.5%

Live Calculation (Plugging Your Values)

One-Time Investment Amount (P):₹1,00,000

Interest rate (compounded yearly) (r):7.5%

Term to maturity (m):115 months

Substituted Equation:

2 × ₹1,00,000 = ₹2,00,000

Doubled Maturity Amount:₹2,00,000

The Kisan Vikas Patra rules fix the maturity value at double the deposit, and the 115-month term is notified with the 7.5% rate. The year-by-year rows show interest accruing at 7.5% compounded yearly until the deposit doubles in month 115.

About Kisan Vikas Patra (KVP) Calculator

Kisan Vikas Patra is a Government of India small-savings scheme, sold at post offices and authorised banks. You deposit a lump sum once and get double that amount back at maturity. How long the doubling takes is set by the rate in force on the day you invest and does not change afterwards: at the current 7.5% it is 115 months.

This calculator shows the maturity amount for the deposit you enter and how its value builds up year by year until then. It covers an account held to maturity only: it does not show the smaller amount paid if you encash early, and every figure is before income tax.

How it Works

You enter one figure; the other two are set by the scheme:

One-Time Investment Amount: the lump sum you deposit. The scheme takes ₹1,000 or more in multiples of ₹100, with no upper limit; this calculator goes up to ₹50 lakh.
Interest rate: fixed at 7.5%, the rate the Ministry of Finance has notified for the current quarter.
Time Period: locked to the 115-month term that comes with that rate.

Benefits of Kisan Vikas Patra

A known result: the deposit doubles at maturity, and both the term and the amount are fixed on the day you invest, whatever happens to rates later.
No upper limit: you can deposit any amount and open as many accounts as you like.
Open it for the family: one adult can hold it alone or up to three adults jointly, an adult can open it on behalf of a minor, and a child aged 10 or more can hold one in their own name.
Usable as security: the account can be pledged to a bank or another approved institution as security for a loan.

References

How these numbers are checked →

Kisan Vikas Patra (KVP) FAQs

What is the current KVP interest rate?

Kisan Vikas Patra currently pays 7.5% per annum, compounded annually. The Ministry of Finance revises the rate quarterly, and the rate at purchase is locked until maturity.

Is KVP a good investment compared to PPF or NSC?

KVP has no tax benefit at all — no Section 80C deduction and fully taxable interest — so at the 30% slab it nets about 5.25%. PPF is tax-free and NSC gives an 80C deduction. KVP's advantage is that it has no investment ceiling and can be pledged as loan collateral.

What is Kisan Vikas Patra (KVP) and how long does it take to double money?

KVP is a government-backed small savings scheme offered by India Post. At the current 7.5% annual interest rate, KVP doubles your invested capital in exactly 115 months (9 years and 7 months).

Is KVP interest tax-free?

No. Unlike PPF or SSY, interest earned on KVP is fully taxable at your income tax slab rate under Income from Other Sources.

Can I encash KVP before it matures?

Yes, but only after 2 years and 6 months from the date of purchase, which is the lock-in. Encash at that point and you receive a prescribed amount that works out to a lower effective return than the full 7.5%, and the rate improves the longer you hold. Earlier encashment is allowed only on the holder's death, on a court order, or on forfeiture by a pledgee who is a Gazetted officer. There is no partial encashment.

Who should actually buy KVP given it has no tax benefit?

It suits someone who wants a sovereign-backed, capital-protected certificate with no investment ceiling and does not need a deduction — typically a person already using the full Rs 1.5 lakh of 80C elsewhere, or anyone on the New Regime where 80C does not exist at all. It is also useful as loan collateral. If you are in the 30% slab and have PPF or SSY room left, those beat KVP after tax on every count.

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