TMI BlogInterestX X X X Extracts X X X X X X X X Extracts X X X X ..... month and shall be credited to the account at the end of each half-year. (2) Interest at such rate, as may be specified by the Reserve Bank of India, from time to time, shall be allowed in respect of deposit in account-B. In case of cumulative deposit in account-B, the amount of interest accrued will be deemed to have been reinvested and in case of non-cumulative deposit in account-B, the amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ature withdrawal on account of such conversion or withdrawal or closure, as the case may be, and any adjustment required to be made on account of such premature conversion, withdrawal or closure with respect to amount of interest already credited to the account of the depositor, shall be made by the deposit office against the amount lying to the credit of the depositor in account-B. - - statute ..... X X X X Extracts X X X X X X X X Extracts X X X X
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