KVP (Kisan Vikas Patra) Notes – IBPS RRB Banking GK PDF

KVP is also known as Kisan Vikas Patra. SMC Online Education Group is publishing important notes on KVP. KVP notes may be important for IBPS RRB, IBPS PO & Clerk Mains and other banking & insurance exam. It is considered as banking GK for bank exams.

You may also download as PDF and image file. For mobile user PDF may not compatible but image format may useful.  KVP Notes PDF file & Image file are attached below.

KVP (Kisan Vikas Patra) {April 1988 – 2011, November 2014} – KVP IBPS RRB Notes

Committee – Shyamala Gopinath

Act -Government Savings Certificates Act 1959

Who can invest – An adult in his own name, or on behalf of a minor, A Trust or Two adults jointly

Amount – Minimum 1000, No upper Limit (denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000)

Interest Rate – 8.7%

Maturity Period – 30 Months (2 Years 6 Months)

Amount Doubled in 100 Months (8 Years 4 Months)

Tax is applicable on Interest – yes, Interest amount is taxable

Available at –Any Departmental Post office

PAN card is required for 50,000/ or more than 50,000/-

Income proof is required for 10 Lakh or more money

Silent points –

  • Facility of nomination is available.
  • Certificate can be transferred from one person to another and from one post office to another.
  • Certificate can be encashed after 2 & 1/2 years from the date of issue.
  • Awareness Agency: National Savings institute, Department of Economic Affairs in Finance ministry

Download As PDF file –KVP SMC Notes

Download As Image File –