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KVP Interest Rate (Kisan Vikas Patra)

The Kisan Vikas Patra interest rate is 7.5% a year for July–September 2026.

Interest rate
7.5%
Quarter
July–September 2026
Interest paid
Annually
Term
115 months (9 years 7 months) at current rate
Minimum deposit
₹1,000 (multiples of ₹100)
Maximum
No maximum limit

The Ministry of Finance sets small savings rates every quarter. For July–September 2026 the Kisan Vikas Patra pays 7.5% a year, annually. The rate was the same in every quarter from October–December 2024 to July–September 2026.

Rules.

  • Term: 115 months (9 years 7 months) at current rate
  • Minimum deposit: ₹1,000 (multiples of ₹100)
  • Maximum: No maximum limit
  • Amount invested doubles in 115 months.
  • Maturity period as prescribed by MoF on date of deposit.
  • Premature closure after 2 years 6 months, or on death/forfeiture/court order.

Questions

What is the Kisan Vikas Patra interest rate now?

7.5% a year for July–September 2026, as notified by the Ministry of Finance.

How is the interest paid?

Annually.

Compare every scheme in the small savings interest rates table.

Scheme
Kisan Vikas Patra
Rate history
QuarterRate
July–September 20267.5%
April–June 20267.5%
January–March 20267.5%
October–December 20257.5%
July–September 20257.5%
April–June 20257.5%
January–March 20257.5%
October–December 20247.5%
Ministry of Finance notification
dea.gov.in
Sources
SourceLink
Ministry of Finance notification, July–September 2026http://dea.gov.in/files/budget_division_documents/Q2ROI.pdf
National Savings Institute: rate historyhttps://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=132
doublinghttps://www.indiapost.gov.in/banking-services/savings
Last checked

Source: Ministry of Finance (Department of Economic Affairs) notifications on small savings interest rates, the National Savings Institute rate history and India Post scheme rules, linked on each record.

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