# Kisan Vikas Patra: The government of India has initiated Kisan Vikas Patra scheme for the investors who aspire to double their money. This scheme allows you to double your money in hundred months or 8 years and 4 month.

Kisan Vikas Patra can be a profitable option for people who fall in lower income status and who don’t get access to other regular financial products. It offers an attractive and secure interest rate of 8.7 percent and has a lock in period of 100 months.

# Public Provident Fund: Public Provident Fund or PPF is a long term debt scheme introduced by the Indian government. You can get tax benefits if you invest in PPF account. An investment in PPF will offer you 8.7 percent of the interest rate.

In PPF your returns are compounded. This means you can not only earn returns on the money you invested but you can even earn interest on the interest earned. This is an additional advantage of this scheme which makes its special than others.

Read More: India ReceivesTop Remittance Of U.S. $70 Billion In 2014: World Bank

India's Economic Reforms On Right Track, Says US Trade Official