Kisan Vikas Patra - double your money: Plan to invest in this scheme? Know it all here
Kisan Vikas Patra can be purchased by a single adult and can also be purchased jointly by a maximum of 3 adults. An adult can also purchase this scheme on behalf of a minor. Individuals buying this scheme in the name of a minor should put a correct date of birth of the minor along with details of the parent/guardian. The minor should be above 10 years
The scheme currently offers an interest rate of 6.9 per cent and can be purchased at a minimum investment of Rs 1000 in multiples of 100 and with no maximum limit. Source: Reuters