KVP Calculator — 7.5%, Doubles in 115 Months (2026)
Kisan Vikas Patra earns 7.5% p.a. compounded annually — unchanged for Q2 FY 2026-27 (July 2026) — and doubles your money in 115 months (9 years 7 months). Check the value of your KVP for any holding period.
How KVP value is calculated
KVP compounds at 7.5% per year. The scheme is defined so that the certificate exactly doubles at maturity after 115 months.
At 115 months: P × 1.075^9.583 ≈ 2 × P (doubling per scheme table)
Value of ₹1,00,000 in KVP at 7.5%
| Holding period | Approximate value |
|---|---|
| 12 months (1 year) | ₹1,07,500 |
| 60 months (5 years) | ₹1,43,563 |
| 115 months (maturity) | ₹2,00,000 (doubled per scheme; formula ≈ ₹1,99,985) |
KVP rules at a glance (July 2026, Q2 FY 2026-27)
| Feature | Detail |
|---|---|
| Interest rate | 7.5% p.a., compounded annually (unchanged 9 quarters) |
| Maturity | 115 months — investment doubles |
| Investment | Minimum ₹1,000 (multiples of ₹100); no upper limit |
| Lock-in | Encashable after 2 years 6 months at notified values |
| Tax | No 80C benefit; interest taxable at slab rate |
| Guarantee | Sovereign — Government of India small-savings scheme |
Frequently asked questions
In how many months does KVP double the money?
At the current 7.5% rate (Q2 FY 2026-27), Kisan Vikas Patra doubles your investment in 115 months — 9 years and 7 months. ₹1,00,000 becomes ₹2,00,000 at maturity.
What is the KVP interest rate in 2026?
KVP earns 7.5% per annum compounded annually for Q2 FY 2026-27 (July–September 2026), unchanged for the 9th consecutive quarter. The doubling period of 115 months is set from this rate.
Does KVP give any tax benefit?
No. KVP has no 80C benefit and the interest is fully taxable at your slab rate. Its appeal is the sovereign guarantee and the certainty of doubling in 115 months — for tax savings, NSC or PPF are better choices.
Can I withdraw KVP before maturity?
KVP can be encashed after a lock-in of 2 years 6 months, at values notified in the scheme table. Premature encashment earns less than the full doubling value.
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