KVP Calculator
See when your Kisan Vikas Patra doubles, what it is worth each year, and how much of the interest goes in tax — live as you type.
- Free — no sign-up
- Instant, on-screen results
- Built by our CA · CS team
- Rules cited on the page
Enter your figures — the result on the right updates as you type.
Year-by-year value
| Year | Opening value | Interest | Closing value |
|---|
Not sure KVP is right for your money?
Our CAs compare KVP with PPF, NSC, SCSS and FDs on post-tax return for your slab.
Disclaimer: Indicative estimate assuming annual compounding at a constant rate. The KVP rate that applies is the one notified on the date you buy the certificate, and it stays fixed for that certificate. Tax is estimated at the slab you pick plus 4% cess.
How Kisan Vikas Patra doubles your money
Kisan Vikas Patra is a Government of India small-savings certificate sold through post offices and designated banks. It has one promise: your money doubles over a fixed period. At the current rate of 7.5% compounded annually, a certificate doubles in 115 months. The rate is locked on the day you invest, so later rate cuts do not affect a certificate you already hold.
The formula used here
| Quantity | Formula |
|---|---|
| Value after n years | P × (1 + r)n |
| Doubling period (months) | 12 × ln 2 ÷ ln(1 + r) |
| Maturity value | 2 × P |
| Tax on interest | P × slab × 1.04 |
Key rules explained
No tax deduction
Unlike PPF or NSC, money put into KVP gets no Section 80C deduction, and the interest is fully taxable under "Income from other sources" at your slab rate. There is no TDS on KVP, so you must report the interest yourself.
Accrual or receipt basis
You can offer the interest to tax year by year as it accrues, or all at once in the year of maturity. Year-by-year usually keeps you in a lower slab; lumping it into one year can push you into a higher one.
Premature encashment
A certificate can be encashed after 2 years 6 months from the date of issue, at a reduced value. Earlier encashment is allowed only on the holder's death, forfeiture by a pledgee, or a court order.
KYC and PAN
PAN is required for investments above ₹50,000, and proof of income is needed for investments of ₹10 lakh or more, as part of the anti-money-laundering checks on KVP.
Questions people ask
Short answers on KVP Calculator. Tap a question to open it.
01In how many months does KVP double my money?
At the current rate of 7.5% compounded annually, a Kisan Vikas Patra doubles in 115 months — 9 years and 7 months. The doubling period is fixed by the rate notified on the date you buy the certificate.
02Is KVP interest taxable?
Yes. KVP interest is fully taxable as income from other sources at your slab rate, and the investment gets no Section 80C deduction. No TDS is deducted, so you must report the interest in your return yourself.
03Can I withdraw KVP before maturity?
Premature encashment is allowed after 2 years and 6 months from the date of issue, at a reduced value. Earlier encashment is allowed only on the death of the holder, forfeiture by a pledgee or an order of a court.
04What is the minimum and maximum KVP investment?
The minimum is ₹1,000, in multiples of ₹100, and there is no upper limit. PAN is required for investments above ₹50,000 and proof of income for investments of ₹10 lakh or more.
05Should I pay tax on KVP interest every year or at maturity?
Either basis is allowed as long as you follow it consistently. Offering interest to tax each year as it accrues usually keeps it in a lower slab, while declaring it all at maturity can push that year's income into a higher slab.
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Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.