Querry

still need clarifications in respect of your investment such as sum assured, lock in period etc

for atal pension yojna you can claim deduction u/s 80CCD & for post office deposit in 80C

investment period for attal pension yojana is 23 years and for post office deposit it also 23 years

Deduction for post office deposit available only if it is 5 year deposit

its more than 5 years than it is not allowed under 80C???

 

No
Just like fixed deposits, time deposits held at post office also are eligible for tax benefits under this section. These deposits come with an option of a 5 year time deposit where investments become eligible for benefits. These deposits also offer attractive interest rates in excess of 8% per annum however it can change at any time.