The applicable interest rate as indicated in the interest table is applicable for all options of interest pay-out except monthly (discounted) interest payment option. Under monthly interest payment option, the interest rate discounted to match the applicable interest rate payable at quarterly rests.
Are the interest rates same under all interest pay out or cumulative/ reinvestment option? Print
Modified on: Mon, 4 May, 2020 at 4:54 PM
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