Welcome To Odisha Postal Circle

                                     KISAN VIKAS PATRA
                    Money doubles in 8 years and 7 months.Facility for premature encashment as per the table given below (for the  KVP purchased on or after 1st March 2003).
                                 After Amount Payable
2 years 6 months or more but less then 3 years 1170.51
3 years more but less then 3 years 6 months 1207.95
3 years 6 months or more but less then 4 years 1267.19
4 years or more but less then 4 years 6 months 1310.80
4 years 6months or more less then 5 years 1355.90
5 years or more but lessthen 5 years 6 months 1435.63
5 years6 months or more but less then 6 years 1488.49
6 years or more but less then 6 years 6 months 1543.30
6 years 6 months or more but less then 7 years 1649.13
7 years or more but less then 7 years 6 months 1713.82
7 years 6 months or more but less then  8  years 1781.06
8 years or more but less then 8 years 7 months 1850.93
Maturity Value 2000.00
Investment Limits and Denominations:
  • No limit on investment.
  • Available in denominations of Rs 100/-,Rs 500/-,Rs1,000/-,Rs5,000/-,Rs 10,000 in all post offices and Rs50,000/- in Head post offices.

Features And Tax Rebate:

    A single holder type certificate may be issued to:

  • An adault for himself or on bahaif of a minor or to a minor.
  • Can be purchased jointly by two adaults.
  • A trust.Interest accured on yearly basis for ta purposes.