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Kisan Vikas Patra (KVP) 2023: Eligibility, benefits, and other details here
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₹1,000 and in multiples of ₹100 thereafter. 4) There is no maximum limit.
5) A KVP can be opened at any post office. 6) The maturity period for Kisan Vikas Patra is 115 months The maturity proceeds of KVP will continue to accrue interest till you withdraw the amount.
7) You can use your KVP certificate as collateral or security to avail of secured loans. 8) Nomination facility is available 9) As per the current provisions of section 194A of the Income Tax Act, on the maturity of the KVP, no taxes are required to be deducted from the interest income Milestone Alert!
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