Can KVP Money be Withdrawn?

Can you Withdraw your Kisan Vikas Patra (KVP) Money?

Kisan Vikas Patra (KVP) is one of the best post office savings scheme of India. It doubles your money in 7 years and 6 months. It is available on the wide network of post offices all across the India.

Premature Withdrawal of KVP -

Premature encashment is permitted after 2.5 years from the date of investment. lower interest accrued if prematurely withdrawn.

Yes, Premature Withdrawn is possible in KVP after 2.5 years from the date of investment but it will give you only lower interest rate if you do so.

So it is advisable that, before investing you plan your finance well. Only Invest those money in such types of schemes that you don’t need for long time horizon.