SECTION 489C IPC - Indian Penal Code - Possession of forged or counterfeit currency-notes or bank-notes

Whoever has in his possession any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.

IPC 489C in Simple Words

If someone knowingly possesses forged or counterfeit currency notes or banknotes with the intent to use them as genuine or allow others to use them as genuine, they can be punished with imprisonment for up to seven years, a fine, or both.

Explore the comprehensive list of all sections under the Indian Penal Code (IPC). Our detailed guide provides a complete overview of each IPC Section to help you understand Indian law better.