(1)

Ļ¯ೇಷ ªಾಜÍ ಪĦΐೆ

๸ಸൽೕಯ ವ౲ವ๻ರಗำ ಮൡ౨ ๎ಸನ ರಚච ಸ೉฿ಲಯ

ಅඌ๰ಚච

๸ಒ౲: ๸ವ౲๎ಇ 06 ๎ಸನ 2025, ෍ಂಗิฆ, ൽකಂಕ: 25.03.2025

ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ (ൟൿ౪ಪല) เඒಯಕ, 2025

ಇದಃౙ 2025 ರ ෥ೖ ბ ൟಂಗಳ 24ඡ ൽකಂಕඈൿ ฃಜ౲ඩಲರ ಒඪ౭ಡ අฉൟൿ౪,

๬෥ನ౲ ൟำವัಃಛಜ ಇದඝ౬ 2025ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 17 ಎಂ්ർಜ

ಕකბಟಕ ฃಜ౲ಪತ౳ದ เ๕ಷ ๸೉ಃಯย౵ (ූಗ IV) ಪ౳ಕഔಸ෎ಃಂൿ ಆඃ๏ಸมಜං,-

2025ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 17

(2025 ರ ෥ೖბ ൟಂಗಳ 25ඡ ൽකಂಕඈൿ ಕකბಟಕ ฃಜ౲ಪತ౳ದ เ๕ಷ ๸೉ಃಯย౵

෮ದฤ ಪ౳ಕಟ฿ಜං)

ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ (ൟൿ౪ಪല) ಅඌඛಯಮ, 2025

(2025 ರ ෥ೖბ ൟಂಗಳ 24ඡ ൽකಂಕඈൿ ฃಜ౲ඩಲคಂದ ಒඪ౭ಡಯඝ౬ ಪഷಯมಜං)

ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ ಅඌඛಯಮ, 2004ඝ౬ ൟൿ౪ಪല

෥ಡฤ ಒಂൿ ಅඌඛಯಮ.

ಇย౵ ಇඝ౬ ෨ಂං ಉഴಬฆವ ಉං౪ೕಶಗัಛಜ ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥

เඌ๯เಃಯ ඛ๤ಧ ಅඌඛಯಮ, 2004 (2004ರ ಕකბಟಕ ಅඌඛಯಮ 14)ඝ౬ ൟൿ౪ಪല

෥ഴโൿ ෷ಕ౨฿ಜฆโದคಂದ ;

ಇൿ

ූರತ

ಗಣฃಜ౲ದ

ಎಪ౭൞౨ರඡ

ವಷბದย౵

ಕකბಟಕ

ฃಜ౲

เඋನ෱ಡಲൽಂದ ಈ ෨ಂൽඦ൤ ಅඌඛಯ෦ತ฿ಗย:-

¨sÁUÀ – 4ಎ

Part – IVA

25

2025

04

1947)

BENGALURU, TUESDAY, 25, MARCH, 2025 (CHAITHRA , 04, SHAKAVARSHA, 1947)

. 189

No. 189

2

1. ๸౾౹ಪ౨ ກಸฆ ಮൡ౨ ඩ౳ฏಭ.- (1) ಈ ಅඌඛಯಮವඝ౬ ಕකბಟಕ

෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ (ൟൿ౪ಪല) ಅඌඛಯಮ, 2025 ಎಂൿ

ಕฉಯತಕౙൿ౪.

(2) ಇൿ ಈ ಁಡว ೦คಡ ಬರತಕౙൿ౪.

2. ಪ౳ಕರಣ 3ರ ಪ౳ൟ෽ೕಜච.- ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ

ಅඌඛಯಮ, 2004 (2004ರ ಕකბಟಕ ಅඌඛಯಮ 14)ರ (ಇย౵ ಇඝ౬෨ಂං ෩ಲ

ಅඌඛಯಮๅಂൿ

ಕฉಯมಜං)

3ඡ

ಪ౳ಕರಣದ

ಬದยಡ

ಈ

෨ಂൽನದඝ౬

ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪, ಎಂದฉ:-

“3. ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃ ಮൡ౨ ಬಲ๋ತದ ಕ౳ಮದ ಬಳಃಯ ඛ๤ಧ.-

(1) ෴ช ವ౲౾౨෸ ಆತඝ ඛೕലದ ෴โඃ ๬ಲದ ෬ว ෦ൟ෦ೕคದ ಬല౥ಯඝ౬

เඌಸತಕౙದ౪ಲ౵.

(2) ศ฿ඃเർರඝ ๬ಲಛರคಂದ ಹಣ ವ๰มൟಛಜ ಆತකಗย ಅಥ฿ ಆತನ

ಏ೬ಂಟರ ෩ಲಕ฿ಗย ಅಥ฿ ಆತನ ಀഖಂಬ ಸದಸ౲ರ ෩ಲಕ฿ಗย ෴โඃ ಇತರ

ಬಲ๋ತದ ಕ౳ಮವඝ౬ ಬಳಸತಕౙದ౪ಲ౵ ಮൡ౨ ಬಲ๋ತ ವ๰มൟಯ ෴โඃ

ಸ౷งಪ౽ౙಜ ಈ ಅඌඛಯಮದ ಉಪීಧಗಳല ඈಡචಡ ຄൕ෴ಗತಕౙൿ౪ ๻ಟ ಈ

ಅඌඛಯಮದ ෬ฉಡ ಉಪීඌಸมඈ൤ ಅಂಥ ศ฿ඃเർರನ ඣೕಂದ൐ಯඝ౬

ಅ෥ನൡ౨ಪലಸฤ

ಅಥ฿

ರൿ౪ಪലಸฤ

ඣೕಂದ൐

ඩ౳ඌ౽ค෷

ಅඌ౽ರโಳ౶ವකಜರತಕౙൿ౪.

เವರൕ: ಈ ಪ౳ಕರಣದ ಉං౪ೕಶಗัಛಜ, ศ฿ඃเർರನ ෩ಲಕ ๬ಲಛರರ

เฆದ౪ದ “ಬಲ๋ತದ ಕ౳ಮ”โ ಈ ෨ಂൽನโಗಳඝ౬ ಒಳತำ౶โൿ, ಎಂದฉ:-

(i) ๬ಲಛರರඝ౬ ಅಥ฿ ಆತನ/ಆಃಯ ಀഖಂಬ ಸದಸ౲คಡ ಒತ౨ಡವඝ౬ ๻ಀโൿ

ಅಥ฿ ತഷ෽ഴ౥โൿ ಅಥ฿ ๼ಂ๲ಯඝ౬ ಬಳ๯โൿ ಅಥ฿ ಅವ෥ඛ๯โൿ

ಅಥ฿ ෍ದค๯โൿ, ಅಥ฿

(ii)

๬ಲಛರನඝ౬,

ಆತನ/ಆಃಯ

ಀഖಂಬ

ಸದಸ౲ರඝ౬

ಸ౩ಳൽಂದ

ಸ౩ಳಃౙ

ඛฏತರ฿ಜ ๼ಂ෇ย๯โൿ ಅಥ฿ ಆತನ/ಆಃಯ ಒഷತನದ ಅಥ฿ ಬಳಃಯย౵ನ

෴โඃ ಸ౷ൟ౨ಡ ಮಧ౲ಪ౳ๆ๏๯โൿ ಅಥ฿ ಆತನ/ಆಃ෵ಂದ ౾ൡ౨ಆำ౶โൿ ಅಥ฿

෴โඃ ಅಂಥ ಸ౷ൟ౨ನ ಬಳಃಡ ಆತඛಡ/ಆಃಡ ಅല౥ಪല๯โൿ, ಅಥ฿

3

(iii) ๬ಲಛರඝ ฿ಸ฿ಜฆವ ಅಥ฿ ಃಲಸ ෥ഴൟ౨ฆವ ಅಥ฿ ವ౲ವ๻ರ

ನഷ๯ൟ౨ฆವ ಮච ಅಥ฿ ಇತರ ಸ౩ಳಃౙ ಬಲ๋ತದ ಕ౳ಮವඝ౬ ಅತำ౶ವ ಉං౪ೕಶൽಂದ

ಆಛಗ ෝഔ ඛೕഴโൿ ಅಥ฿ ෝഔ෴ಞ๋൤ ෥ഴโൿ, ಅಥ฿

(iv) ๬ಲಛರඛಡ ಹಣ ඩವൟಛಜ ಬಲ๋ತದ ಮൡ౨ ಅඝ೉ತ ಪ౳ූವವඝ౬ ಬಳ๭

෥ൡಕ൤ಡ/ಒ൞౨෵๯โದಃౙ ಌಸಜ ಅಥ฿ ຄರಞൟ౨ಡ ಅಥ฿ ෇ಹ౲ ಏ೬ඛ౺ಗಳ,

౾౳෦ನฯ ๼ನ౬ว෷ಳ౶ವರ ๳ๅಯඝ౬ ಬಳ๯โൿ, ಅಥ฿

(v)

ಸ౽ბರದ

෴โඃ

౽ಯბಕ౳ಮದലಯย౵

๬ಲಛರඛಡ

ಪ౳෽ೕಜನದ

ಹಀౙಗำಳ౶ ෴โඃ ದ๬౨ๆಜඝ౬ ๬ಲಛರඛಂದ ಬಲ๋ತ฿ಜ ಪഷ෷โൿ.”

3. ಪ౳ಕರಣ 4ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 4ඡ ಪ౳ಕರಣದย౵,-

(ಎ) “෩ฆ ವಷბಗಳವฉಡ” ಎಂಬ ಪದಗಳ ಬದยಡ “ಹൡ౨ ವಷბಗಳವฉಡ” ಎಂಬ

ಪದಗಳඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪; ಮൡ౨

(෈) “෩ವൡ౨ ๬เರ งඩ෵ಗಳವฉಡ” ಎಂಬ ಪದಗಳ ಬದยಡ “ಐൿ ಲౘ

งඩ෵ಗಳವฉಡ” ಎಂಬ ಪದಗಳඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪.

4. ຄಸ ಪ౳ಕರಣ 4ಎ ಮൡ౨ 4෈ಗಳ ๳ಪბഷ.- ෩ಲ ಅඌඛಯಮದ 4ඡ ಪ౳ಕರಣದ

ತฆ฿ಯ, ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“4ಎ.

ඣೕಂದ൐ಯඝ౬

ರൿ౪ತั๯ವ

ಅಥ฿

ಅ෥ನൡ౨ತั๯ವ

ಅඌ౽ರ.- (1)

ඣೕಂದ൐

ඩ౳ඌ౽ค෷

෴โඃ

ಸಮಯದย౵

ಸ౷൫

ಅಥ฿

๬ಲಛರඛಂದ

඀ฆ

๭౷ೕಕค๭ದ

෬ว

ಅಂಥ

ರದ౪ൟಛಜ

ย಍ತದย౵

๬ಕ๠ౣ

౽ರಣಗಳඝ౬ ඛೕലದ ತฆ฿ಯ ಮൡ౨ ಅದඝ౬ ಆย๭ದ ತฆ฿ಯ ศ฿ඃเർರನ

ඣೕಂದ൐ಯඝ౬ ರൿ౪ತัಸಬ๾ൿ ಅಥ฿ ರൿ౪ಪലಸฤ ๏මರ๯౺ ෥ಡಬ๾ൿ

๻ಟ ศ฿ඃเർರನඝ౬ ෴ವ ಅಂಶಗಳ ෬ว ෬ส౬ೕಟಃౙ ರൿ౪ತั๯ವ

ൟೕ෥ბನ

ಅತಳ౶มಜං෺ಂൿ

ൟั๯ವ

ඣೕഔೕ๯

ඛೕലದ

ຄರൡ

ಮൡ౨

ศ฿ඃเർರඛಡ ಅಂಥ ඣೕഔೕ๭ನ เฆದ౫ ಅಹ฿ಲඝ౬ ຂัಆำ౶ವ ๰ಕ౨

ಅವ౽ಶವඝ౬ ඛೕലದ ຄರൡ ඣೕಂದ൐ ರದ౪ൟಯ ಆඃಶವඝ౬ ຄರലಸತಕౙದ౪ಲ౵.

เವರൕ: ಉಪಪ౳ಕರಣ (1)ರ ಉං౪ೕಶಗัಛಜ ศ฿ඃเർರඝ, ಈ ಅඌඛಯಮದ

෴โඃ ಉಪීಧಗಳ ಉಲ౵ಂಘචಯ ಅಪฃಧ౽ౙಜನ ಅಪฃಧ ඛಣბಯโ ಅದರ

ඣೕಂದ൐ಯඝ౬

ಅ෥ನൡ౨ತัಸฤ

ಅಥ฿

ರൿ౪ತัಸฤ

๬ಕ๠ౣ

౽ರಣโಳ౶ർ౪ಜರತಕౙൿ౪.

4

(2) ඣೕಂದ൐ ඩ౳ඌ౽ค෷ (1)ඡ ಉಪಪ౳ಕರಣದല เೈರൕಯඝ౬ ෇౾෵ค๭,

ർಖยಸ෎౽ದ

๬ಕ๠ౣ

౽ರಣಗัಛಜ

ศ฿ඃเർರನ

ඣೕಂದ൐ಯඝ౬

ಅ෥ನൡ౨ಪലಸಬ๾ൿ.

4෈.

๬ಲඛೕലಃ

෥ನඈಡಗำ.-

ಸ౽ბರโ

ಅඌ๰ಚචಯ

෩ಲಕ

๬ಲඛೕലಃ

෥ನඈಡಗำ,

๸ಗ౳ಹൕ

ಮൡ౨

ವ๰มൟ

ಪದ౪ൟಗಳඝ౬

ඛൽბಷౣಪലಸಬ๾ൿ.”

ಕකბಟಕ ฃಜ౲ඩಲರ ಆඃ๎ඝ๬ರ

ಮൡ౨ ಅವರ ກಸคನย౵,

೧. ๏౳ೕಧฑ

ಸ౽ბರದ ౽ಯბದ๏ბ,

๸ಸൽೕಯ ವ౲ವ๻ರಗำ ಮൡ౨

๎ಸನ ರಚච ಇมಒ.

PARLIAMENTARY AFFAIRS AND LEGISLATION SECRETARIAT

NOTIFICATION

NO.DPAL 06 SHASHANA 2025, BENGALURU, DATED: 25.03.2025

ූರತ ๸เඋನದ ಅඝ೎౟ೕಧ 348ರ ಘಡ (3)ರ ಅലಯย౵ ฃಜ౲ඩಲคಂದ

ಅඌಂತತั๭ದ ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ (ൟൿ౪ಪല)

ಅඌඛಯಮ, 2025 (2025ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 17) ರ ූ๝ಂತರವඝ౬ ಅඌಂತ

ಆಂಗ౵ ಪಠ౲ๅಂൿ ಕකბಟಕ ฃಜ౲ಪತ౳ದ เ๕ಷ ๸೉ಃಯย౵ (ූಗ IV) ಪ౳ಕഔಸ෎ಃಂൿ

ಆඃ๏ಸมಜං,-

KARNATAKA ACT NO. 17 OF 2025

(First Published in the Karnataka Gazette Extra-ordinary on the 25th day of March,

2025)

THE KARNATAKA PROHIBITION OF CHARGING EXORBITANT INTEREST

(AMENDMENT) ACT, 2025

(Received the assent of the Governor on the 24th day of March, 2025)

An Act to amend the Karnataka Prohibition of Charging Exorbitant Interest

Act, 2004.

5

Whereas, it is expedient to amend the Karnataka Prohibition of Charging

Exorbitant Interest Act, 2004 (Karnataka Act 14 of 2004) for the purposes

hereinafter appearing;

Be it enacted by the Karnataka State Legislature in the seventy sixth year of

the Republic of India as follows:-

1. Short title, and commencement.- (1) This Act may be called the

Karnataka Prohibition of Charging Exorbitant Interest (Amendment) Act, 2025.

(2) It shall come into force at once.

2. Substitution of section 3.- For section 3 of the Karnataka Prohibition of

Charging Exorbitant Interest Act, 2004 (Karnataka Act 14 of 2004) (hereinafter

referred to as the Principal Act) the following shall be substituted, namely,-

“3. Prohibition of charging exorbitant interest and using coercive

action.- (1) No person shall charge exorbitant interest on any loan advanced by

him.

(2) Money Lender shall not use any coercive action either by himself or by his

agents or by his family members for recovery of money from the debtor and any

form of coercive recovery shall be liable for punishment under the provisions of this

Act and empower the Registering Authority to suspend or cancel the Registration

of such Money Lender as provided under the provisions of this Act.

Explanation: For the purposes of this section, "coercive Action" by a Money

Lender against the debtors include the following, namely:-

(i)

exerting pressure or obstructing or using violence to or insulting or

intimidating the debtor or his/her family members, or

(ii)

persistently following the debtor, his/her family member from place to

place or interfering with any property owned or used by him/her or

depriving him/her of, or hindering him/her in the use of any such

property, or

(iii) frequenting the house or other place where the debtor resides or

works, or carries on business, or happens to be, with an intension of

taking coercive action, or

6

(iv) using the service of private or outsource or external agencies, criminal

background to negotiate/urging the debtor to make payment using

coercive and undue influence, or

(v)

Seeking to take forcibly any document from the debtor which entitles

the debtor to a benefit under any Government programme.”

3. Amendment of section 4.- In section 4 of the Principal Act,-

(a) for the words “three years”, the words “ten years”, shall be substituted;

and

(b) for the words “thirty thousand rupees” the words “five lakh rupees”

shall be substituted.

4. Insertion of new section 4A and 4B.- After section 4 of the Principal

Act, the following shall be inserted, namely:-

“4A. Power to cancel or suspend Registration.- (1) The Registering

Authority may, at any time, either suo-motu or upon receipt of complaint by a

debtor cancel or recommend to cancel the registration of a Money Lender after

hearing and after assigning sufficient reasons in writing for such cancellation and

no order of cancellation of the registration shall be passed without issuing notice

to the Money Lender intimating the facts upon which the prima-facie decision to

cancel the registration has been taken and Money Lender shall be afforded a

reasonable opportunity of being heard against such notice.

Explanation: For the purposes of sub-section (1), conviction of a Money

Lender for an offence of violation of any of the provisions of this Act shall be

sufficient cause for cancellation or recommend to cancellation of his registration.

(2) Pending enquiry under sub-section (1), the Registering Authority may, for

sufficient reasons to be recorded, suspend the registration, of a Money Lender.

4B. Lending Norms.- The Government may, by notification, specify the

lending norms, collection and recovery practices.”

7

The above translation of ಕකბಟಕ ෦ൟ෦ೕคದ ಬല౥ เඌ๯เಃಯ ඛ๤ಧ

(ൟൿ౪ಪല) ಅඌඛಯಮ, 2025 (2025 ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 17) be published in

the official Gazette under clause (3) of Article 348 of the constitution of India.

THAAWARCHAND GEHLOT

GOVERNOR OF KARANATAKA

By Order and in the name of

the Governor of Karnataka,

G. SRIDHAR

Secretary to Government

Department of Parliamentary

Affairs and Legislation

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