Calculator
KVP calculator
Kisan Vikas Patra (KVP): no limits, no tax breaks, one promise — your money doubles.
No maximum limit, no tax benefit. Premature closure allowed after 30 months.
Maturity (115 mo) ₹2.00 L (₹1.00 L deposit + ₹100.0k interest)
Money doubles in ~115 months (9.6 years).
Hover a segment for value + share.
Current rate 7.5% (Q2 FY2026-27), doubling in 115 months. KVP interest is fully taxable — no 80C benefit, unlike NSC.
What this calculator answers
A ₹1,00,000 KVP deposit at 7.5% matures at ₹1,99,985 in 115 months — the scheme doubles the money in about 9.6 years. Enter the deposit and rate to see the maturity and the implied doubling period.
How it is calculated
Maturity = deposit × (1 + rate)^(115 ÷ 12), which is 115 months of compounding at the notified rate; the doubling period is derived from the same rate.
Rate default 7.5% (Q2 FY2026-27). KVP interest is fully taxable and the deposit does not qualify for 80C.
Common questions
Why is the KVP tenure 115 months?
KVP is a doubling scheme — the tenure is set so a deposit at the notified rate doubles. At 7.5% that works out to 115 months.
Can I close it early?
Premature closure is allowed only after 30 months and usually at a lower applicable rate. This projection assumes the deposit is held to maturity.
Is KVP interest tax-free?
No. Unlike PPF, KVP interest is taxable and the deposit does not qualify for 80C, so the post-tax return is lower than the rate shown.
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.