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Section 5: Payment on maturity

Kisan Vikas Patra Scheme 2019Central Rules · 1873

(1) Deposits made in the account shall double on maturity. Maturity period of an account shall be nine years and five months commencing on the date of deposit. Amount of maturity may be repaid to the account holder on an application in Form-2 submitted to the accounts office.

(2) The maturity period of the deposit under this Scheme shall be determined on the rate of interest applicable at the time of opening the account.

Where this provision sits

ActKisan Vikas Patra Scheme 2019
Section5
Marginal notePayment on maturity
JurisdictionCentral
StatusIn force as published by the source

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