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Maturity date of kisan vikas patra

maturity date of kisan vikas patra

The following table shows the amount that would be paid in case of premature encashment of a certificate.
Maturity proceeds which are not drawn are eligible for Post office Savings account interest for a maximum period of two years.Min.5 years, Max Min: 5 years, Max.Min:.5 years, Max Min: 4 years, Max.Maturity Period and Interest Rate on Kisan Vikas Patra (KVP).Handing over of money).Interest Rate on Kisan Vikas Patra.8.There is no maximum limit on purchase of KVPs.Kisan Vikas Patra is an instrument free naughty dating on which fixed interest is paid by the Govt.KVP deposits are exempt from Wealth tax.In case of non-receipt of pass book from the agent within 10 days from the date of investment, lodge a complaint for the same with the Appointing Authority / Regional Director, National Savings Institute / concerned Post Master.Maximum Amount of Investment in KVP.
The maturity period of the Kisan Vikas Patra is 9 years and 2 months and on maturity the amount invested gets doubled.Discontinuation of NSC IX issue from.However, be mindful of taking a few of photographs of yours with you.Invariably verify the correctness of the amount, date, stamp, signature etc.Do's, hand over money only to the authorised mpkby agent appointed by the competent authority.Joint B type Certificate: Issued jointly to 2 adults payable to either of the holders jointly or to the Survivor.Tax Benefits, no income tax benefit is available under find private woman the Kisan Vikas Patra scheme.Interest income is taxable, however, the deposits are exempt from Tax Deduction at Source women osnabruck (TDS) at the time of withdrawal.TDS @ 10 would also be deducted from Interest.


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