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All-India Toll Free number1800 22 22 441800 208 2244 All-India Toll Free number for PMJDY Scheme1800 22 22 43
Dedicated Number for NRI+918025302510  
 
 
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Govt. Saving Schemess
Kisan Vikas Patra
Features
 
 
 

Eligibility:

  • An adult in his own name or on behalf of a minor.
  • Two adults jointly.

 

Authorized Branches:

Our 1227 Branches are authorized for sale of certificate under the scheme.

Please click here

 

Maturity Amount /Period:

Invested amount doubles on maturity after 112 Months i.e. Nine Years and Two months.

 

Interest on KVP:

As notified by the Government of India.
http://www.unionbankofindia.co.in/Government_Saving_Scheme.aspx

 

Nomination:

Nomination facility is available

 

Denomination / Deposit limits:

  • Certificates are available in denominations (face value) of Rs.1,000/-, Rs.5,000/-, Rs.10,000/- & Rs.50,000/-.
  • Minimum limit Rs.1,000/- & No maximum limit for purchase of the certificates.

 

Tax Benefits:

No income tax benefit is available under the scheme. However the deposits are exempt from Tax Deduction at Source (TDS) at the time of withdrawal.

 

Premature Withdrawal:

Certificate can be encashed after 2 & 1/2 years from the date of issue.

 

In case of difficulty, contact our Customer Care at: 1800-22-22-44

I am a defense pensioner dependent on your sector 29, NOIDA branch drawing pension for more than 12 years.
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