Mera Samvidhaan All of Indian Succession Act, 1925

Part IX · Chapter XI · Of the Produce and Interest of Legacies

353Rate of interest.

Section 353 · Part IX · Chapter XI · page 89 of the Act

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

Section 353 of The Indian Succession Act, 1925 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.