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Maturity amount
₹2,00,000
2 lakh rupees
- Invested 50%
- Interest 50%
- Amount invested
- ₹1,00,000
- Interest earned
- ₹1,00,000
- Money doubles in
- 9 years 7 months
- The interest is taxable at your slab rate. KVP has no 80C benefit.
- You can cash it early after 2 years 6 months, at a lower value set by the Post Office.
- Investments of ₹50,000 or more need PAN, and ₹10 lakh or more need proof of income.