https://www.taxtmi.com/acts?id=8369 Rule 4 permits a depositor to operate more than one National Savings Monthly Income Account provided deposits across all accounts do not exceed the prescribed aggregate limits for single and joint accounts; accounts must be opened in a post office or a bank; and for maximum balance purposes a depositor's share in a joint account is treated as one half or one third of the balance where two or three adults hold the account. en-us Mon, 18 Feb 2008 11:52:01 +0530 Mon, 05 Jan 2026 14:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8369 Rule 4 permits a depositor to operate more than one National Savings Monthly Income Account provided deposits across all accounts do not exceed the prescribed aggregate limits for single and joint accounts; accounts must be opened in a post office or a bank; and for maximum balance purposes a depositor's share in a joint account is treated as one half or one third of the balance where two or three adults hold the account. Act-Rules Direct Taxes Mon, 18 Feb 2008 11:52:01 +0530 https://www.taxtmi.com/acts?id=8369