Bharatiya Nyaya Sanhita, 2023

BNS Section 338

Forgery of valuable security, will, etc

In one line

BNS Section 338 deals with forgery of valuable security, will, etc and replaces IPC 467.

Punishment, bail and court

SectionOffencePunishmentCognizableBailableTriable by
338Forgery of a valuable security, will, or authority to make or transfer any valuable security, or to receive any money, etc.Imprisonment for life, or imprisonment for 10 years and fine.Non-cognizable.Non-bailable.Magistrate of the first class.
338When the valuable security is a promissory note of the Central Government.Imprisonment for life, or imprisonment for 10 years and fine.Cognizable.Non-bailable.Magistrate of the first class.

Source: First Schedule to the Bharatiya Nagarik Suraksha Sanhita, 2023. The punishment column is the Schedule’s summary; the section text below is what prescribes the punishment. Classification decides procedure (arrest, bail as of right, which court), not the result of any particular case.

Bare act text — BNS 338

338. Forgery of valuable security, will, etc.

Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

Frequently asked

What was BNS Section 338 in the IPC?

BNS Section 338 (Forgery of valuable security, will, etc) replaces Section 467 of the Indian Penal Code, 1860. IPC 467 is now BNS 338.

What is the punishment under BNS 338?

Forgery of a valuable security, will, or authority to make or transfer any valuable security, or to receive any money, etc – punishable with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine. Under the First Schedule to the BNSS, 2023 it is non-cognizable and non-bailable, triable by magistrate of the first class.

Is BNS 338 bailable?

Non-bailable: BNS 338, 338. Bail in a non-bailable offence is at the court's discretion; the classification decides procedure, not the outcome of a particular bail application.

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