Kisan Vikas Patra Calculator
When a Kisan Vikas Patra bought now doubles your money, the date it matures, and the yearly return that doubling works out to.
Result
Maturity amount: ₹2,00,000.00
The doubling period is fixed when you buy. Interest is taxable when it accrues or at maturity.
- Matures on
- May 5, 2036
- Term
- 9 years 7 months
- Interest earned
- ₹1,00,000.00Estimate
- Equivalent yearly return, compounded yearly
- 7.5%
https://calcgallery.com/investment-returns/kvp-calculator/
Results are arithmetic on the returns, rates and horizons you enter, not a forecast and not investment, tax or retirement advice. The site supplies no expected return, inflation rate, contribution limit, tax rate or withdrawal rate. Real returns vary from year to year, and fees, taxes and the order of returns all change the outcome. Check anything that matters with a qualified adviser. Read the full disclaimer
How to use the Kisan Vikas Patra Calculator
- Enter the amount you will invest in Kisan Vikas Patra.
- Enter the date you buy it.
- Read the maturity amount, the date it doubles, and the yearly return that doubling works out to.
Doubling, not compounding
Kisan Vikas Patra is described by the time it takes to double your money rather than by a rate. The scheme says the deposit “shall double on maturity”, and the Government notifies the number of months with each quarter’s rates.
maturity amount = 2 × amount investedmaturity date = date bought + notified months (115 now)yearly return = 2^(12 ÷ months) − 1Because the term is a whole number of months, the maturity date falls on the same day of the month as the purchase. Where that day doesn’t exist, the page uses the month’s last day.
With your numbers
- The deposit doubles in the number of months notified when you buy, 115 months at 7.5%
Quick reference
The doubling period is fixed when you buy. Interest is taxable when it accrues or at maturity.
| Example | Maturity amount |
|---|---|
| ₹1,000 | ₹2,000.00 |
| ₹10,000 | ₹20,000.00 |
| ₹50,000 | ₹1,00,000.00 |
| ₹1,00,000 | ₹2,00,000.00 |
| ₹5,00,000 | ₹10,00,000.00 |
| ₹10,00,000 | ₹20,00,000.00 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
2 sources
DEA Office Memorandum F.No.1/4/2019-NS of 30.09.2026, rates for 1.10.2026 to 31.12.2026 "shall remain unchanged" from the second quarter, https://dea.gov.in/files/budget_division_documents/R.pdf, carrying the rate table of the OM of 29.12.2023, https://dea.gov.in/files/budget_division_documents/Q4_2023_24.pdf: "Kisan Vikas Patra 7.5 (will mature in 115 months)"
Used for
- Kisan Vikas Patra interest rate, October to December 2026.
DEA Office Memorandum F.No.1/4/2019-NS of 30.09.2026, rates for 1.10.2026 to 31.12.2026 "shall remain unchanged" from the second quarter, https://dea.gov.in/files/budget_division_documents/R.pdf, carrying the rate table of the OM of 29.12.2023, https://dea.gov.in/files/budget_division_documents/Q4_2023_24.pdf: "7.5 (will mature in 115 months)"
Used for
- Months in which a Kisan Vikas Patra bought this quarter doubles.
Common questions about the Kisan Vikas Patra Calculator
- How long does Kisan Vikas Patra take to double money?
- The period is set by the Government each quarter with the interest rate. For October to December 2026 the rate is 7.5% and money doubles in 115 months, which is 9 years and 7 months. The period is fixed on the day you buy, so a later change does not affect your certificate.
- What yearly return is that?
- Doubling in 115 months is the same as about 7.5% a year compounded annually, which is why the two figures are announced together. The page shows the exact figure, 2 to the power of 12 ÷ 115, minus one.
- Can I cash it early?
- After two and a half years, at set values that are less than double. Before that only on the death of the holder or by court order.
- Is the interest taxable?
- Yes. You can declare it each year as it accrues or all at once in the year it matures. There is no tax deduction for buying it.