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THE BANKING COMPANIES ORDINANCE, 1962 [See Section 25(3),831 Section Limit of Penalty Per day during which the default continues 25(3) Upto Rs. 200,000/- 83(1) Upto Rs. 5,000,000/- Upto Rs. 10,000 83(1A) Upto Rs. 100,000,000/- - 83(1C) Upto Rs. 50,000,000/- - 83(2) - Upto Rs. 100,000 83(3) Upto Rs. 2,000,000/- Upto Rs. 1,000,000 83(5) Upto Rs. 2,000,000/- Upto Rs. 100,000 83(5A) For individual Upto Upto Rs. 1,00,000 Rs. 20,000,000/- Upto Rs. 1,000,000 For financial institution Upto Rs. Upto Rs. 1,000,000] 20,000,000/- or Upto 0.5% of total assets of such institution whichever is higher 10851491 RGN Date: 12-05-2026 1Added by Act No. XXIX of 2024, s.40.

Effective date: 1962-06-07

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