Today we are going to tell about such a savings scheme of the post office, whose maturity is of 5 years. Under this scheme, something has to be deposited every month, a lump sum amount along with interest is available on maturity. Currently, the interest rate for this scheme is 5.8 per cent per annum, although it is compounded on a quarterly basis.

Put 10 thousand rupees in this scheme of Post Office, 7 lakhs will be available after 5 years