ec7664df_SMALL_SAVINGS___TAX_BENEFITS__Exemption_under_IT_Act
[Name of the Securities] 5 year Post Office Recurring Deposit [Rate of Interest] Interest compounded quarterly but payable on maturity. An account of Rs.10 denomination will yield Rs.728.90 at maturity ( Rate of interest 7.0 % w.e.f 1.3.2003) [Limit of Investment] No limit on deposits, Deposits can be made in multiples of Rs.5 pm (minimum Rs.10 p.m) Account can be extended for another term of 5 years of same rate with same rate of interest. [Exemption under IT Act] 
Interest exempt up to Rs.9000 along with incomes from other approved investments under section 80L.
SMALL SAVINGS - TAX BENEFITS
Exemption under IT Act