ec7664df_SMALL_SAVINGS___TAX_BENEFITS__Exemption_under_IT_Act
[Name of the Securities] Post Office Monthly Income account(6 years) [Rate of Interest] Interest @ 8 per cent per annum payable monthly, in addition a bonus of 10 per cent payable on maturity [Limit of Investment] One or more accounts can be opened but deposits cannot exceed Rs.300000 in single account and Rs.600000 in joint account. Only one deposit in the account in the multiple of Rs.1000 is permitted. [Exemption under IT Act] 
Interest deductible up to Rs.9000 along with other incomes under section 80L.
SMALL SAVINGS - TAX BENEFITS
Exemption under IT Act