Section 353Rate of interest

In forcePart IX Probate, Letters of Administration and Administration of Assets of Deceased.Chapter XI OF THE PRODUCE AND INTEREST OF LEGACIES

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Part IX Probate, Letters of Administration and Administration of Assets of Deceased.

Chapter XI OF THE PRODUCE AND INTEREST OF LEGACIES

s. 353

353. Rate of interest The rate of interest shall be four per cent. per annum in all cases except when the testator was a Hindu, Muslim, Buddhist, Sikh or Jaina or an exempted person in which case it shall be six per cent. per annum.

End of s. 353.

Read the contents: The Succession Act, 1925