New Delhi, May 25 -- A small savings certificate scheme offered by India Post since 1988, Kisan Vikas Patra promises to double your lump sum investment over its full 9.5-month (115 month) tenure. While it was originally launched as a scheme for farmers, the long-term plan is now available to all Indian citizens 10 years and older.

Notably, for minors (post office account holders below 18 years of age), the account has to be opened by a parent or legal guardian and then transferred into a major account once majority is attained.

Today, we look at how investors can apply for the KVP scheme at their nearest post office branch:

According to the official website, the account may be closed prematurely at any time before maturity under the fo...