Professional Documents
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Stamp Duty Circular-Ver 9
Stamp Duty Circular-Ver 9
SOUTHERN REGION
Andhra Telangana Kerala Tamil Nadu Karnataka Pondicherry
Sl Particulars
Duty Art Duty Art Duty Art Duty Art Duty Art DDuty Art
Affidavit/ Declaration / 4 20 4 4 4 4 4
50 20 20 20
1. Undertaking 10
2. Power of Attorney 50 42 (c) 50 42(c) 600 44(c) 100 48(c) 100 41(c) 100 48(c)
Memorandum of Entry 7(a) 0.5%* 7(a) 5(g) 6(1) 6 (1) 5(c)
0.1% or
(recording past 0.5%* 200 0.5%∞ 0.5%∞
0.2 Ω
3. transaction)
Registered Mortgage 35 (b) r/w 3% 35 (b) r/w 37(b) 40(b) 34 (b) 40(b)
3% δ 1% ♠ 0.5% 1% ♠
4. 14 14 5% r/w14
Pledge - Unattested 7 (b) 0.5 % 7 (b) 0.5% or 6(2) 6(2) 0.1% or 6(2) 6(2)
0.5% 0.5% 0.5%
5. 0.25%♦ 0.2 Ω
Unattested 7(b) + 30 550 + 0.50 7(b) + 30 5(g) +32 34(d)
Hypothecation 150 r/w 48 + % r/w 48 + 42 1300 r/w50(b) 300 ++ 29 200
(Hypothecation/ +0.50% 42(c) (c) (200+500 +44(c) 200 0.1% or r/w47+
Agreement +Indemnity +600) 0.2 Ω 41(c)
6. + POA)
Letter of Guarantee 6(c) 200 6(c) 5(g) 5(j) 31 5
100 200 20 200 50
7. r/w5(j)
Letter of Indemnity 30 r/w 48 500 30 r/w 48 32 r/w 34 r/w 57 29r/w47 34 r/w
100 500 200 100
8. 50(b) 80 57
9. Loan Agreement/ 6A(iv) + 700 6(c) + 30 5(g) +32 5(j) + 34 + 5 (j) +
Specific Agreement 30 r/w 48 (200 + r/w 48 r/w50(b) 57(b) 29 r/w
700 400
[Agreement + 500) 47
(200+500 100 (200+20 150
Indemnity] 200
) 0)
(PL/BL, Unsecured
Term Loan)
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10. Loan Agreement/ 900 6(c) + 30
Specific Agreement r/w 48 900 600
cum Guarantee 300
(200 + (200 +
[Agreement + 120 200
500 + 200 +
Indemnity + Guarantee] 200) 200)
(Term Loan, WCDL,
Channel Financing,
Invoice Discounting)
11. Loan 900 + 0.50 6(c) + 30
Agreement/Specific % r/w 48 +
Agreement for loan cum 6(c) + 7(b)
Guarantee cum
900
Hypothecation 300+ 600+0.1
(200
[Agreement + 120 % or 200
+500+200
Indemnity + Guarantee
0.50% 0.2 % Ω
+Hypothecation] + 0)
(for CAR, CV, CEQ,
Equipment Finance,
Tractor, Two Wheeler)
12. Loan Agreement/ 700 + 0.5 6(c) + 30
400+0.1 150+0.5
Specific Agreement for % r/w 48 +
100+0.5 % or % of
Loan Against Shares 200+ 0.5% 7(b) 700+ % 0.2 % Ω loan
[Agreement+ indemnity 0.5%♦ value
+ pledge]
13. Loan Agreement/ 700 6(c) + 30
Specific Agreement for r/w 48
Loan Against Property
[Agreement + 200
indemnity] 700 400
(Home Equity) / Home (200+500 100 (200+20 150
Loan Agreement) ) 0)
(Note: mortgage
document would attract
separate stamp duty as
per S,No. 3 and 4)
with a cap of Rs.2,00,000/- (Rs. Two lac only) and exemption for duty in case of unattested instrument
Andhra Pradesh of pawn or pledge of (a) farm equipment and tractor (b) any goods for finance amount secured upto
Rs.1,00,000/- (Rs. One lac only); in case of SSI units, maximum stamp duty is Rs.1000/-
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* with a cap of Rs.50,000/- (Rs. Fifty Thousand only); in case of SSI units, maximum stamp duty is
Rs.1000/-
δ in case of simple mortgages, the applicable stamp duty is 0.5% of the loan amount
Telangana with a cap of Rs. 2,00,000/- (Rs. Two Lakh Only) and exemption for duty in case of unattested
instrument of pawn or pledge of (a) farm equipment and tractor (b) any goods for finance amount secured
upto Rs.1,00,000/- (Rs. One Lakh Only).
* with a cap of Rs.50,000/- (Rs. Fifty Thousand Only).
∞ with a cap of Rs.30,000/- ( Rs. Thirty Thousand only)
Tamil Nadu
♠ with a cap of Rs.40,000/- ( Rs. Forty Thousand only)
Ω (i) where the loan amount does not exceed Rs.10 lakhs – 0.1% subject to a minimum of Rs.500/- (ii)
Karnataka
where the loan amount exceeds Rs.10 lakhs – 0.2% subject to a maximum of Rs.10 lakhs
∞ with a cap of Rs.25,000/-( Rs. Twenty Five Thousand only)
Pondicherry
♠ with a cap of Rs.40,000/-( Rs. Forty Thousand only)
Kerala ## If the agreement is signed by the borrower – 1.5% of the secured amount
♦ If amount secured is upto Rs.5 lacs =0.5%; If the amount secured exceeds Rs.5 lacs but does not exceed
Rs.20 lacs = 0.5% with cap of Rs.5000 ( Rs. Five Thousand only); If the amount secured exceeds Rs.20
lacs but does not exceed Rs.50 lacs = 0.5% with cap of Rs.10000(Rs. Ten Thousand only); If the amount
secured exceeds Rs.50 lacs = 0.25% subject to minimum of Rs.20000 (Rs. Twenty
Thousand only)and maximum of Rs.25000; (Rs. Twenty Five Thousand only)
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NORTHERN REGION
UP & Chandigar Rajasthan # - see
Delhi Punjab J&K Uttarakhand Harayana Himachal h note below
Sl Particulars
Duty Art Duty Art Duty Art Duty Art Duty Art Duty Art |Duty Art Duty Art
Affidavit / 4 4 4 10 4 4 4 4
Declaration /10 25 10 10 10 15 50
1. Undertaking
48(d) 48(d) 48(d) 48(d) 48 48(e)/ 44 (d)
300
50 1000 100 or (g) 100 500 30 48(d)15rs. 200
2. Power of Attorney
Memorandum of 5(c) 5(d) 6(1) (a) 5 6(1)(a)
Entry (recording r/w
50 0.25%£ 0.5% 15 50 15 0.15%β
past transaction) 50 exempt
3. ion
Registered 40(b) 40(b) 40(b) 40(b) 40(b) 40(b) r/w 37(b)
Mortgage r/w 15 0.5% r/w 15 r/w. r/w (6) r/w14
2% 4% 7%β 1.5% 1.5% 1.5% 0.25%€
remissi 15
4. on
6(2) 5(d) 6(2) 6(2) (a) 6(2) 6(2)(a)
Pledge - Unattested 0.5% r/w 15
50 50 0.25%£ 15 15 0.15%β♠
exempt
5. ion
Unattested
Hypothecation 200 300
200+200+
(Hypothecation/ (50+100 1090 0.25%£ (100 + 100 + 615 180 135
0.15β%
Agreement +50) +100 100)
6. +Indemnity + POA)
Letter of Guarantee 37 37 r/w 5(c) 5 5
50 r/w 50 5(d) 500 100 15 60 35 0.15%β
7. 5(c)
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Letter of Indemnity 34 34 r/w 34 r/w 34 r/w 34 34 r/w
100 40 100 20 200
8. r/w 57(b) 500 57 100 57(b) 100 r/w
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13. Loan Agreement/
Specific Agreement
for Loan Against 150 200 200+0.15
Property 90 600 115 150 35
(100+100) %β
[Agreement + (50+100)
indemnity]
(Home Equity) /
Home Loan
Agreement)
(Note: mortgage
document would
attract separate
stamp duty as per
S,No. 3 and 4)
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WESTERN REGION
MP Guj Mah Goa
Sl Particulars
Duty Art Duty Art Duty Art Duty Art
1. Affidavit 50 52 50 4 100 4 50 4
2. Power of Attorney 2000 50(b) 300 45(d) 500 48(e) 100 48
or 6(1)(a) a) 0.10% 6(1) 6(1) r/w
Memorandum of Entry 7(a) for< 5 13
(recording past 0.25% lacs;
0.25% 1000
transaction) 0.50 b)0.2%
for > 5
3. lacs♦®
Registered Mortgage 43(b) r/w 36(b) r/w 40(b) 39(b)
0.5% 0.8%
4. 14 0.35% 6(1)(a) 0.5%♦® r/w 15
Pledge - Unattested 7(b) or 6(2) a) 0.10% 6(2) 6(2) r/w
for< 5 13(b)
0.25% lacs;
0.25% 1000
0.50 b)0.2%
for > 5
5. lacs♦
Unattested Hypothecation + 7(b)+ 37 6(2) +29 + 1000 + 6(2) + 35 +
[Hypothecation/ r/w 14(b) 45(d) [a)0.10% 48(e) 1600
Agreement + Indemnity + + 50(b) for< 5 (100
0.25% 0.25% or
POA] lacs; 0 +
2500 0.50+ 600
b)0.2% 500
for > 5 +
6. lacs] ♦ 100)
7. Letter of Guarantee 1000 40 300 32 100 5(h)B 1000 5(d_
Letter of Indemnity 37 r/w 29 35 33
500 500 500
8. 14(b) 300
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9. Loan Agreement/ Specific 6(g) + 37 5(h) + 29 5(h)(B) + 1500 5(d) r/w
Agreement r/w 14(b) 35 (100 33
0.25% + 300+300 600
[Agreement + Indemnity] 0 +
500∑
(PL/BL, Unsecured Term 500)
Loan)
10. Loan Agreement/ Specific 00 5(h) + 29 + 2500
Agreement cum Guarantee 32 (100
[Agreement + Indemnity + 0 +
0.25% + 5
Guarantee] 900 700 500
+ 1000∑
(Term Loan, WCDL, +
Channel Financing, 1000
Invoice Discounting) )
11. Loan Agreement/Specific + 5(h) + 29 + 700+[a)0.10 3500
Agreement for loan cum + 32 + 6(2) % for< 5 (1000 +
Guarantee cum lacs; 1000 +
Hypothecation b)0.2% for > 500 +
0.25%
[Agreement + Indemnity + 900+0.25% 5 lacs] ♦ 1000)
1500
Guarantee or 0.50
+Hypothecation] 0.25%
(for CAR, CV, CEQ,
Equipment Finance,
Tractor, Two Wheeler)
12. Loan Agreement/ Specific 5(h) + 29 + 600+[a)0.10 2500
Agreement for Loan 6(2) % for< 5 (1000+
0.25% + 600 + 0.25%
Against Shares lacs; 500+10
500+ 0.25% or 0.50
[Agreement+ indemnity + b)0.2% for > 00)
pledge] 5 lacs] ♦
13. Loan Agreement/ Specific 5(h) + 29 600 1500
Agreement for Loan (1000+
Against Property 500)
[Agreement + indemnity]
(Home Equity) / Home 0.25% +
600
Loan Agreement) 500∑
(Note: mortgage document
would attract separate
stamp duty as per S,No. 3
and 4)
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with cap of Rs.5,00,000/- (Rs. Five Lac only)
Madhya Pradesh
∑ Where the loan agreement is executed with a mortgage document and the mortgage document is duly
stamped, the loan agreement may be stamped at Rs.1000/-
Gujarat (1) Stamp duty upto Rs.10 crore = 0.25% of the loan amount (2) Stamp duty above Rs.10
crore = 0.50%, maximum upto Rs.8 lac
Additional surcharge of 40% on stamp duty being paid on registered mortgage document i.e.
0.10% . Total Stamp Duty will be 0.25% + 0.10% = 0.35%
♦subject to a minimum of Rs.100/- and maximum of Rs.10,00,000/- (Rs. Ten lac only)
Maharashtra
® Remission of stamp duty for mortgages created for securing Education Loan by the student
Version 7
EASTERN REGION
Assam WB Jhar Bihar Orissa Chattis
Sl Particulars garh
Art Art Duty Art Art Duty
Duty Duty Duty Duty
1. A Affidavit 4 4 20 4 4
15 10 100 10 5
Rt
200 48(d) 48(d) 300 48 (d) 48(d)
50 1000 500 100
2. Power of Attorney
Memorandum of 5(e) 5(e) 6(a) 5(c)
Entry (recording 0.5%*
past transaction) 100 100 0.29% 10 1%π
3.
4. 2% 40(b) r/w 2ф 40(b) 4.25% 1% 40(b) 2% 40(b) r/w 4%
Registered 15 16 r/w
Mortgage 15
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10. Loan Agreement/ 70 400 120
Specific Agreement 250 (10 + 3000 (10 + 100 350
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13. Loan Agreement/
Specific Agreement
for Loan Against
Property
[Agreement +
indemnity] 150 60
(Home Equity) / 110
(10+50) 300 2000 300
Home Loan (10+100)
Agreement)
(Note: mortgage
document would
attract separate stamp
duty as per S,No. 3
and 4)
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