September 12, 2026

Section 353 – Indian Succession Act, 1925: Rate of Interest

The Indian Succession Act, 1925 — Part IX, Chapter XI: Of the Produce and Interest of Legacies

Section 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, Muhammadan, Buddhist, Sikh or Jaina or an exempted person, in which case it shall be six per cent. per annum.