Kisan Vikas Patra maturity periods vary by account opening date; deposits double and are repayable on Form 2 application. Under the Kisan Vikas Patra Scheme, 2019 the maturity period varies by account opening date: specific date bands carry maturity periods of nine years and five months; ten years and four months; ten years and three months; ten years; and nine years and seven months. Deposits shall double on maturity. Maturity proceeds are repayable to the account holder on an application in Form 2. The maturity period for a deposit is determined by the rate of interest applicable at account opening.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Kisan Vikas Patra maturity periods vary by account opening date; deposits double and are repayable on Form 2 application.
Under the Kisan Vikas Patra Scheme, 2019 the maturity period varies by account opening date: specific date bands carry maturity periods of nine years and five months; ten years and four months; ten years and three months; ten years; and nine years and seven months. Deposits shall double on maturity. Maturity proceeds are repayable to the account holder on an application in Form 2. The maturity period for a deposit is determined by the rate of interest applicable at account opening.
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