Bank a/c - joint holders

1. Unless TDS deducted, anyone who invested the capital can claim the interest, but TDS gets deducted in first name, so always better to keep investor as first or sole holder.

2. First holder

There are many advantages to sharing an account with your partner. For one, it makes it much easier to pay joint bills - saving you the hassle of sending money to each other. It can also make it easier to keep track of your joint monthly spending. On the other hand, some people prefer to keep their finances private.