Loss of Certificate: In the single women meet for free case of loss or stolen Certificate, the purchaser should report the post office at the earliest.
Premature Encashment: 1-, a KVP Certificate may be prematurely encashed any time under the following circumstances: (a) on the death of the holder or any of the holders in the case of a joint holder; (b) on forfeiture by a pledge being a Gazetted Government.
How to check, how much will I get?KVP deposits are exempt from Wealth tax.Share Linkage, borrower must have Bank share holding @ 1 of the loan sanction amount.This signed identity slip will help the purchaser to get a duplicate certificate from loss of the same and also assures the smooth encashment of certificate on maturity.Maturity amount and period: The post-office Kisan Vikas Patras (KVPs) offers a fixed rate of interest, earlier.41 (2009) to currently.7 (2014) per cent per annum compounded half yearly which are subject to vary.If needed, the purchaser will have to submit an indemnity bond/declaration/Bank verification.Maturity Value after 9 years, maturity Value after 10 years, maturity Value if continued after 5 years and upto 10 years without deposits.Kisan Vikas Patra is available in all head post offices and other Authorized post offices throughout India.The post office will issue an identity slip along with the certificate.What is Kisan Vikas Patras?Enter data in applicable unshaded cells.Encashment on Maturity: (a) The maturity period of a Certificate of any denomination shall be eight years and four months commencing from the date of issue of the Certificate.
Date of Opening of Account, principal, maturity Period in years ( 1, 2, 3 or 5 years ).
Date of Opening of Account, amount of Deposit Applicable Interest Rate Monthly Income Premature payment after 1 year but before 3 years Premature payment after 3 years Bonus payable on maturity ( Nil since ) Total amount payable on maturity ( 6 years upto,.
Amount of advance, minimum Loan :.3000/-, minimum Overdraft :.20,000/-, repayment of loan in easy EMIs.