This scheme of post office in lockdown will give double return,

this scheme of post office in lockdown will give double return, 1 lakh on maturity will get 2 lakh rupees 2 lakh  PM If you want to double your investment, you can post Kisan Vikas Patra (KVP) 218 ​​ 

 Investing in this post office scheme guarantees the investor his money and better returns.  The interest rate for the scheme and the duration of investment are fixed by the government on a quarterly basis.  According to the India Post website, 

the maturity period in Kisan Vikas Patra is 124 months.  That is, the customer's investment in the scheme will double in 124 months i.e. 10 years and 4 months  of a joint account except for a single account.  There is also a facility.  So, this scheme also exists for minors, whose guardianship has to be supervised. 

 The scheme is also applicable to Hindu Undivided Family i.e. Trusts other than HUF or NRI.  KVP has certificates up to Rs.1000, Rs.5000, Rs.10,000, and Rs.50,000 which can be purchased.  UO!  887674 0012 BAC 887674 OO 00012 Interest Rate The interest rate for KVP for the first quarter of FY 2021 has been fixed at 6.9%.  Your investment will double in 124 months.  

If you invest one lakh rupees together, you will get 2 lakh rupees on maturity.  124 - is the maturity period of the month plan.  The Kisan Vikas Patra can be released two and a half years after the date of burning.  KVP can also be transferred from one post office to another post office. 

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 Kisan Vikas Patra can be transferred from one person to another.  Nomination facility is available in KVP.  Kisan Vikas Patra is presented in the form of a passbook.