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State of Karnataka - Section

Section 4 in The Karnataka Prohibition Of Charging Exorbitant Interest Act, 2004

4. Penalty.

- Notwithstanding anything contained in the Karnataka Money-Lenders Act, 1961, whoever contravenes the provision of section 3 or molests or abets the molestation of any debtor for recovery of any loan shall be punishable with imprisonment for a term which may extend to three years and also with fine which may extend to thirty thousand rupees.