I am an NRI. Few queries on Kisan Vikas Patra?

[ag35]

I am an NRI. Few queries on Kisan Vikas Patra -
1- Can I invest in KVP?
2- How often interest will be paid or compounded till maturity?

3- Will TDS be deducted at the time of maturity for interest portion?

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[Expert]

I am an NRI. Few queries on Kisan Vikas Patra -
1- Can I invest in KVP?

Non-Resident Indian are not eligible to purchase.

2- How often interest will be paid or compounded till maturity?

Rate of interest compounded annually.

3- Will TDS be deducted at the time of maturity for interest portion?

Interest income taxable but no TDS