Description Stamp Duty/Regisration/ Article

ANDRA PRADESH Stamp Duty

BIHAR Stamp Duty

Registration

Article
DELHI Stamp Duty

Registration

Article
GUJARAT Stamp Duty

Registration

Article
HARYANA Stamp Duty
KARNATAKA Stamp Duty

MADHAYA PRADESH Stamp Duty

Registration

Article

MAHARASTRA Stamp Duty

ORRISSA Stamp Duty
 Registration

Article

PUNJAB Stamp Duty

RAJASTHAN (10+20% Stamp Duty
Surcharge separate)
applicable )

Registration

Article

TAMILNADU Stamp Duty

TELANGANA Stamp Duty

UTTARPRADESH Stamp Duty

West Bengal Stamp Duty
Term Loan Agreement/ Facility Agreement Deed of Hypothecation

Agreement: Rs.100/- [Article 6(A)(iv)] Hypothecation if Attested: [Article 7(b)]

Indemnity: 3% of the value of the security An agreement relating to hypothecation,

subject to a maximum of Rs. 100/- [Article 30 that is to say, an instrument evidencing an
read with Article 48] agreement relating to hypothecation of
moveable property where such
hypothecation has been made by way of
security for repayment of money advanced
by way of loan or an existing or future debt:

(a) If such loan or debt is repayable on

demand or more than 3 months from the
date of the instrument – 0.5% of the amount
secured subject to maximum of Rs.
2,00,000/-.

(b) If repayable not more than 3 months

from the date of instrument – half of the
duty payable under clause (a) for the amount
secured.
Indemnity: 3% of the value of the security
subject to a maximum of Rs. 100/- [Article 30
read with Article 48]
Agreement: Rs.1000/- [Article 5(c)] Hypothecation if Attested: [Article 6(2)]

Indemnity: 3% of the amount subject to a An agreement relating to hypothecation of

maximum of Rs.1000/- [Article 34 read with movable property, where such
Article 57 and Article 15] hypothecation is made by way of security for
the repayment of money advanced or to be
advanced by way of loan or an existing or
future debt:

(a) If such loan or debt is repayable on

demand or after a period of three months
from the date of the instrument evidencing
the agreement:

if drawn singly: 0.29% of the amount

if drawn in sets of two: 0.15% of the
amount
if drawn in sets of three: 0.10% of the
amount

(b) If such loan or debt is repayable within

three months from date of such instrument:
Half the duty payable on a loan or debt
under clause (a) for the amount secured.

Hypothecation if Unattested: The stamp

duty on unattested instrument of
hypothecation of movable property has been
remitted. [Vide Notification 2232-F dated
February 19, 1954 i.e., Bihar Stamp Rules,
1954]

Rs.1000/ Rs 1000

5(C) 6(2)
Agreement: Rs.50/- [Article 5(c)] Hypothecation: [No separate entry]

Indemnity: Rs.100/- [Article 34 read with The Indian Stamp Act, 1899 as applicable to
Article 57] Delhi does not contain any separate entry in
relation to a deed of hypothecation.
Therefore, movable property it will be
stamped with Rs. 50/- being the duty
payable on an 'agreement not otherwise
provided for'. [Article 5(c)]
Specified movable property will be stamped
at 2% subject to the maximum of Rs.
2,00,000/- [Article 40(b)]

Indemnity: Rs. 100/- [Article 34 read with

Article 57]

POA: Rs. 50/- [Article 48(d)]

5(c) 5(c)
Agreement: Rs. 300/- [Article 5(h)] [Vide Hypothecation if Attested: [Article 6(2)]
Gujarat Stamp (Amendment) Act, 2019 w.e.f.
05/08/2019] Indemnity: Rs. 300/- [Article 29] An agreement relating to hypothecation of
movable property, where such
hypothecation is made by way of security for
the repayment of money advanced or to be
advanced by way of loan of an existing or
future debt:

(i) Where the amount of loan or debt does

not exceed Rs. 10,00,00,000/-: 0.25% of the
amount of loan or debt; and

(ii) Where the amount of loan or debt

exceeds Rs. 10,00,00,000/- : 0.5% of the
amount of loan or debt, subject to maximum
limit of Rs. 8,00,000/-.

POA: Rs. 300/- [Article 45(d)] [Vide Gujarat

Stamp (Amendment) Act, 2019 w.e.f.
05/08/2019]

Agreement: Rs.100/- [Article 5(c)] (Vide Order Hypothecation: [No separate entry]
No. S.O. 36/C.A. 2/1899/S. 9/2020 dated July
13, 2020) The Indian Stamp Act, 1899 as applicable to
the State of Haryana does not contain any
Indemnity: Rs.100/- [Article 34] (Vide Indian separate entry in relation to a deed of
Stamp (Haryana Amendment) Act, 2018) hypothecation. Therefore, movable property
will be stamped with Rs. 100/- being the
duty payable on an 'agreement not
otherwise provided for'. [Article 5(c)]
Specified movable property will be stamped
at 1.5% of the amount secured by such deed.
[Article 40(b) read with Article 15]

Indemnity: Rs 100/- [Article 34] [Vide Indian

Stamp (Haryana Amendment) Act, 2018]
 Agreement: Rs. 500/- [Article 5(j)] [vide Hypothecation if Attested: [Article 34(d)]
Karnataka Stamp (Amendment) Act, 2023 ] [Vide Karnataka Stamp (Amendment) Act,
2023]
Indemnity: Rs 500/- [Article 29 read with
Article 47] [vide Karnataka Stamp If the loan or debt is repayable on demand:
(Amendment) Act, 2023]
(i) where the loan amount does not exceed
Rs. 10,00,000/- : 0.5%
Total: Rs. 1000/-
(ii) where the loan amount exceeds Rs.
10,00,000 : 0.5%

Indemnity: Rs. 500/- [Article 29 read with

Article 47] [Vide Karnataka Stamp
(Amendment) Act, 2023]

Agreement: If relating to secured repayment of Hypothecation if Attested: Hypothecation as

a(Optional)(page
loan or debt: 0.25% of21
2 srno: the) registration
amount of loan or
fee 1% security for the
Registration repayment
Rs 1000 of a loan or an
optional
debt subject to a maximum of Rs. 5,00,000/- existing or future debt where debt or loan
[Article 6(g) of the Indian Stamp (Madhya amount is- [Article 7(b)]

Loan Agreement: [Article 5 (h)(A)(iv)] Hypothecation if Attested: The

(i) where the monetary value of the hypothecation of movable property, where
agreement does not exceed Rs. 10,00,000/- : such hypothecation has been made by way
0.1% on the amount agreed in the contract of security for their repayment of money
subject to minimum of Rs. 100/-; and advanced or to be advanced by way of loan
(ii) in any other case - 0.2% on the amount or an existing or future debt-
agreed in the contract. (a) if the amount secured by such deed
Indemnity: Rs. 500/- [Article 35] [the does not exceed Rs. 5,00,000/- : 0.1% of the
Maharashtra Stamp (Amendment) Act, 2015] amount secured by such deed subject to the
minimum of Rs. 100/-.
(b) in any other case: 0.3% of the amount
secured by such deed subject to a maximum
of Rs. 20,00,000/-. [vide the Maharashtra
Stamp (Amendment and Validation) Act,
2021 read with the Maharashtra Stamp
(Amendment) Act, 2021]
Indemnity: Rs. 500/- [Article 35] [the
Maharashtra Stamp (Amendment) Act, 2015]
POA: Rs. 500/- [Article 48(d)] [the
Maharashtra Stamp (Amendment) Act, 2015]
Agreement: Rs. 10/- [Article 5(c)] Hypothecation: [No separate entry]

Indemnity: Rs. 100/- [Article 34 read with The Indian Stamp Act, 1899 as applicable to
Article 57] the State of Odisha does not contain any
separate entry in relation to a deed of
hypothecation. Therefore, it will be stamped
with Rs. 10/- being the duty payable on an
'agreement not otherwise provided for'.
[Article 5(c)]

Indemnity: Rs. 100/- [Article 34 read with

Article 57]

POA: Rs. 1000/- [Article 48(e)] [vide Indian

Stamp (Odisha Amendment) Act, 2014,
effective from January 19, 2015]
On Rs 10 there is nor registration fee but on on Rs 10 there is nor registration fee but on
100 there is registration fee 2%(Indemnity ) 100 there is registration fee 2%(Indemnity )

Agreement: Rs. 100/- [Article 5(d)] [vide Indian Hypothecation: [No separate entry]
Stamp (Punjab Amendment) Act, 2019]
The Indian Stamp Act, 1899 as applicable to
Indemnity: Rs. 80/- [Article 34 read with the State of Punjab does not contain any
Article 57(b)] separate entry in relation to a deed of
hypothecation. Therefore, it will be stamped
with Rs. 100/- being the duty payable on an
'agreement not otherwise provided for'.
Total: Rs. 180/- [Article 5(d)]

Indemnity: Rs. 80/- [Article 34 read with

Article 57(b)] [vide Indian Stamp (Punjab
Amendment) Act, 2019]

POA: Rs. 2000/- [Article 48(d)]

Total: Rs. 2180/-

Agreement: If relating to secure the repayment
of a loan or debt: 0.25% of amount of loan or
debt subject to a maximum of Rs. 15 lakhs.
[vide Notification no. F. 2(38) Vidhi/2/2019
dated August 21, 2019 read with Notification
No.F.4(2)FD/Tax/2022-120 dated February 23,
2022] [Article 5(d)]
Surcharge at the rate of 30% of the duty shall
be chargeable on the said instrument w.e.f 01-
04-2017 [Vide Rajasthan Finance Act, 2017 Hypothecation: [No separate entry]
read with Notification No. F.4(3)FD/Tax/2017- The Indian Stamp Act, 1899 as applicable to
129 and Notification No. F.4(3)FD/Tax/2017- the Rajasthan does not contain any separate
130 dated March 31, 2017 and Notification No. entry in relation to a deed of hypothecation.
F.2(9)FD/ Tax/2020-176 dated May 15, 2020] Therefore, it will be stamped at 0.25% of
Stamp duty chargeable on the instrument of amount of loan or debt subject to a
loan up to rupees twenty-five lakh executed maximum of Rs. 15 lakhs. [vide Notification
for the purposes of establishment of Start-up no. F. 2(38) Vidhi/2/2019 dated August 21,
under the Rajasthan Start-up Policy, 2022 shall 2019 read with Notification
be remitted on submission of the eligibility No.F.4(2)FD/Tax/2022-120 dated February
certificate issued under the said Policy. 23, 2022] [Article 5(d)].
[Notification No. F.4(2)FD/Tax/2023-43 dated Surcharge at the rate of 30% of the duty
10/02/2023] shall be chargeable on the said instrument
w.e.f 01-04-2017. [Vide Rajasthan Finance
Act, 2017 read with Notification No.
Indemnity: Rs. 500/- [Article 5(g)] F.4(3)FD/Tax/2017-129 and Notification No.
F.4(3)FD/Tax/2017-130 dated March 31,
Declaration: Rs.50/- [vide Rajasthan Finance 2017 and Notification No. F.2(9)FD/
Act, 2016] [Article 4] Tax/2020-176 dated May 15, 2020]
Indemnity: Rs. 500/- [Article 5(g)]
Remission: Stamp duty chargeable on the POA: Rs. 200/- [Article 44(c)] [Vide Rajasthan
instrument of declaration taken from the Finance Act, 2015]
Optionalunder
farmers but surcharge applicable
the Rajasthan 1% Mafi
Fasli Rin Optional but surcharge applicable 1%
Yojana, 2018, remitted with effect from May

6 6

Agreement: Rs. 20/- [Article 5(j)] Hypothecation: [No separate entry]

Indemnity: Rs. 80/- [Article 34 read with The Indian Stamp Act, 1899 as applicable to
Article 57] the State of Tamil Nadu does not contain any
separate entry in relation to a deed of
Total: Rs. 100/- hypothecation. Therefore, it will be stamped
with Rs. 20/- being the duty payable on an
'agreement not otherwise provided for'.
[Article 5(j)]

Indemnity: Rs. 80/- [Article 34 read with

Article 57]

POA: Rs. 175/- [Article 48(d)]

Total: Rs. 275/-

 'agreement not otherwise provided for'.
[Article 5(j)]

Indemnity: Rs. 80/- [Article 34 read with

Article 57]

POA: Rs. 175/- [Article 48(d)]

Total: Rs. 275/-

Agreement: for value: [Article 6(A)] Hypothecation if Attested: [Article 7(b)]

An agreement relating to hypothecation,
(i) up to Rs.50,000/-: Rs.50/- that is to say, an instrument evidencing an
agreement relating to hypothecation of
(ii) exceeding Rs.50,000/- to Rs.2,00,000/- : moveable property where such
Rs.100/- hypothecation has been made by way of
security for repayment of money advanced
(iii) exceeding Rs.2,00,000/-: Rs.200/- by way of loan or an existing future debt:
(a) when such loan or debt is repayable on
[Vide Notification G.O.Ms.No. 120 dated July demand or more than 3 months from the
23, 2015 passed by Department of Revenue date of the instrument: 0.5% of the amount
(Registration- I), Government of Telangana secured subject to maximum of Rs.
w.e.f. July 25, 2015] 2,00,000/-.
(b) if repayable not more than 3 months
Indemnity: Rs. 500/- [Article 30 read with from the date of instrument: half of the duty
RS.100+Rs.100 = Rs.200/-
Article 48] Hypothecation:
payable [No(a)
under clause separate
for theentry]
amount
secured.
The Indian Stamp Act, 1899 as applicable to
the State of Uttar Pradesh does not contain
any separate entry in relation to a deed of
hypothecation. Therefore, it will be stamped
with Rs. 100/- being the duty payable on an
'agreement not otherwise provided for'.
[Article 5(c)]

Indemnity: Rs. 100/- [Article 34 read with

Article 57(b)]

POA: Rs. 100/- [Article 48(d)]

Total: Rs. 300/-

 Agreement: Rs.10/- [Article 5(e)] Hypothecation: [No separate entry]

Indemnity: Rs. 50/- [Article 34 read with The Indian Stamp Act, 1899 as applicable to
Article 57] the State of West Bengal does not contain
any separate entry in relation to a deed of
Total: Rs. 60/- hypothecation. Therefore, it will be stamped
with Rs. 10/- being the duty payable on an
'agreement not otherwise provided for'.
[Article 5(e)]
Indemnity: Rs. 50/- [Article 34 read with
Article 57]
POA: Rs. 100/- [Article 48(e)]

Total: Rs. 160/-

POA- DOH DPN and LOC Undertaking and
confirmations

POA: Rs. 75/- Re.1 & Rs.100/- Declaration: Rs. 10/- [Article
4]

Indemnity: 3% of the value of

the security subject to a
maximum of Rs. 100/- [Article
30 read with Article 48]

Total: Rs. 110/-

POA: Rs.1000/- [Article Re.1 & Rs.1000/- RS.1000/- (Max Rs 1000 If
48(b)] there is security Bond is
applied then 3% and there is
no specific provision )

Rs 100/250 NA Rs 1000

48 (b) NA Article 34
RS.50/- Re.1 & Rs.50/- Rs.100/-

48 NA 42 to read with 57
POA: Rs. 300/- [Article 45(d)] Re.1 & Rs.10/- Declaration: Rs. 50/-
[Vide Gujarat Stamp
(Amendment) Act, 2019
w.e.f. 05/08/2019]
[Article 4]

Indemnity: Rs. 300/- [Article

29] [Vide Gujarat Stamp
(Amendment) Act, 2019 w.e.f.
05/08/2019] Total = Rs 350

POA: Rs. 1000/- [Article Re.1 & Rs.100 Declaration: Rs. 10/-
48(e)]
[Article 4]

Indemnity: Rs 100/- [Article

34] (Vide Indian Stamp
(Haryana Amendment) Act,
2018)
 POA: Rs. 1000/- [Article Re.1 & Rs.100 Declaration: Rs. 100/-
41(d)][Vide Karnataka Stamp
(Amendment) Act, 2023]
[Article 4]

Indemnity: Rs. 500/- [Article

29 read with Article 47] [Vide
Karnataka Stamp
(Amendment) Act, 2023]

POA: Rs. 2000/- [Article Re.1 & Rs.500/- Declaration: Rs.50/- [Article 5
50(b)]
Optional Rs 500 NA of
Rs the Indian
500/- Stamp) (Madhya
(Optional
Pradesh) Amendment Act,
2014, effective from January

POA: Rs. 500/- [Article 48(d)] Re.1 & Rs.100/- Declaration: Rs.100/- [Article
[the Maharashtra Stamp 4]
(Amendment) Act, 2015]
Indemnity: Rs. 500/- [Article
35] [the Maharashtra Stamp
(Amendment) Act, 2015]

Total: Rs. 600/-

RS.100/- Re.1 & Rs.100/- Declaration: Rs.10/- [Article 4]

[Article 4]

Indemnity: Rs. 100/- [Article

34 read with Article 57]
250 2%

RS.2000/-[Article 48(d)] Re.1 & Rs.50 Declaration: Rs. 50/- [vide

Indian Stamp (Punjab
Amendment) Act, 2019]
[Article 4] [vide Indian Stamp
(Punjab Amendment) Act,
2019]

Indemnity: Rs. 80/- [Article 34

read with Article 57(b)] [vide
Indian Stamp (Punjab
Amendment) Act, 2019]

Total: Rs. 130/-

POA: Rs. 200/- [Article 44(c)] Re.1 & Rs.500/- Declaration: Rs.50/- [vide
[Vide Rajasthan Finance Act, circular no.
2015] F.7(43)JN/2017/1899 dated
April 24, 2017]*
Indemnity: Rs. 500/- [Article
5(g)]
Surcharge at the rate of 30%
of the duty shall be
chargeable on the said
instrument w.e.f 01-04-2017
[vide Rajasthan Finance Act,
2017 read with Notification
No. F.4(3)FD/Tax/2017-129
and Notification No.
F.4(3)FD/Tax/2017-130 dated
March 31, 2017 and
Notification No. F.2(9)FD/
Tax/2020-176 dated May 15,
2020]

Registration Rs 500 Optional NA option Rs 300 but surcharge

but surcharge payable applicable

44 (b) NA 50

POA: Rs. 175/- [Article 48(d)] Re. 1/- LOC Declaration: Rs. 20/-
Agreement: Rs. 20/-
[Article 5(j)]
[Article 4]

Indemnity: Rs. 80/- [Article 34

read with Article 57]

Total: Rs. 100/-

 Total: Rs. 100/-

POA: Rs. 75/- [Article 42(d)] Re.1 & Rs.100/- Declaration: Rs. 20/- [Article
4] [Vide Notification
G.O.Ms.No. 120 dated July 23,
2015 passed by Department
of Revenue (Registration- I),
Government of Telangana
w.e.f. July 25, 2015]

Indemnity: Rs. 500/- [Article

30 read with Article 48]

Total: Rs. 520/-

POA: Rs. 100/- [Article 48(d)] Re.1 & Rs.100/- Declaration: Rs. 10/-
[Article 4]

Indemnity: Rs. 100/- [Article

34 read with Article 57(b)]

Total: Rs. 110/-

POA: Rs. 100/- [Article 48(e)] Re.1 & Rs.10/- Declaration: Rs. 10/-
[Article 4]
Indemnity: Rs. 50/- [Article 34
read with Article 57]
Total: Rs. 60/-
Dual Name/Signature/DoB Deed of Guarantee MODTD
Affidavit or Vernacular
Declaration if required

Rs. 10/- [Article 4] Agreement: Rs.100/- [Article An instrument evidencing

6(A)(iv)] an 'agreement' relating to
the deposit of title deeds
Indemnity: 3% of the value or instruments
of the security subject to a constituting or being
maximum of Rs. 100/- evidence of the title to
[Article 30 read with Article any property whatever
48] (other than a marketable
security), where such
Rs. 10/- [Article 4] deposit has been made by
way of security for the
Total: Rs.210/- repayment of money
advanced or to be
advanced by way of loan
or an existing or future
debt - 0.5% of the
amount secured by such
deed, subject to a
maximum of Rs. 50,000/-
[Article 7(a)]
Declaration: Rs. 100/- [Article Agreement: Rs.1000/- When possession is not
4] [Article 5(c)] given or agreed to be
Indemnity: 3% of the amount given: 1% of the amount
subject to a maximum of Indemnity: 3% of the secured by such deed.
Rs.1000/- [Article 34 read with amount subject to a [Article 40(b)]
Article 57 and Article 15] maximum of Rs.1000/-
[Article 34 read with Article
57 and Article 15]
Indemnity: 3% of the
amount subject to a
maximum of Rs.1000/-
[Article 34 read with
Article 15]

Declaration: Rs.100/- Rs 1000/- Rs 1000

[Article 4]

Article 4 Artcile 34 6(1)

Rs.10/- Letter of Guarantee: Rs. 50/- The Indian Stamp Act,
[Article 37 read with Article 1899 as applicable to
5(c)] Delhi does not contain
any separate entry in
Indemnity: Rs. 100/- [Article respect to a
34 read with Article 57] memorandum of entry
for the deposit of title
deeds. Accordingly, no
stamp duty is payable in
respect to the same.
However, it may be
noted that it is usual
practice to stamp such
memorandum of entry at
Rs. 50/- being the duty
payable on an agreement
(not otherwise provided
for). [Article 5(c)]
Further, it may be noted
that if the memorandum
of entry for equitable
mortgage incorporates an
instrument evidencing an
'agreement' relating to
deposit of title deeds or
instruments constituting
or being evidence of the
title to any property
whatever (other than a
marketable security) the
same would be stamped
at
(a) if such loan or debt is
repayable on demand or
more than three months
from the date of

4 37 read with 5 Article 28 to be read with

6
Declaration: Rs. 50/- [Article 4] Letter of Guarantee: Rs.300/- Note or entry in records
[Article 32] [Vide Gujarat made or a letter written
Stamp (Amendment) Act, by a creditor relating to
2019 w.e.f. 05/08/2019] the deposit of title deeds
to serve as evidence of
Indemnity: Rs. 300/- [Article the title to any property
29] whatsoever (other than a
marketable security)
where there is no
agreement or
memorandum of
agreement relating to
deposit of such title
deeds -

(a) if such loan or debt is

repayable on demand or
more than three months
from the date of
instrument evidencing
the agreement:

(i) where the amount of

loan or debt does not
exceed Rs. 10,00,00,000:
0.25% of the amount;

(ii) where the amount of

loan or debt exceeds Rs.
10,00,00,000: 0.50% of
the amount, subject to a

Rs.10/- [Article 4] Agreement: Rs. 100/- [Article The Indian Stamp Act,
37 read with Article 5(c)] 1899 as applicable to the
[Vide Order No. S.O. 36/C.A. State of Haryana does not
2/1899/S. 9/2020 dated July contain any separate
13, 2020] entry in respect to a
Memorandum of Entry
for the deposit of title
Indemnity: Rs 100/- [Article deeds. Accordingly, no
34] (Vide Indian Stamp stamp duty is payable in
(Haryana Amendment) Act, respect of the same.
2018)
However, it may be
noted that it is usual
practice to stamp such
memorandum of entry at
Rs. 100/- being the duty
payable on an agreement
(not otherwise provided
 Declaration: Rs. 100/- Letter of Guarantee: Rs. An instrument evidencing
500/- [Article 31 read with an 'Agreement' relating to
Article 5(j)] [Vide Karnataka deposit of title deeds or
[Article 4] Stamp (Amendment) Act, instruments constituting
2023] or being evidence of the
Indemnity: Rs. 500/- [Article title to any property
29 read with Article 47] [Vide Indemnity: Rs 500/- [Article whatever (other than a
Karnataka Stamp 29 read with Article 47] [Vide marketable security),
(Amendment) Act, 2023] Karnataka Stamp where such deposit has
(Amendment) Act, 2023] been made by way of
security for the
repayment of money
advanced or to be
advanced by way of loan
or an existing or future
debt21/03/2022
Declaration: Rs.50/- [Article 5 Letter of Guarantee: An instrument evidencing
of the IndianFees
Registration StampRs (Madhya
500/ Rs.1000/- [Article 40 of the
(Rs 500 optional) an 'agreement'
Rs 1000 Optionalrelating to
Pradesh)
optional Amendment Act, Indian Stamp (Madhya the deposit of title deeds
2014, effective from January Pradesh) Amendment Act, or instruments

Declaration: Rs.100/- [Article 4] Letter of Guarantee: [Article The deposit of title deeds
37 read with Article 5(h)(A) or instrument constituting
Indemnity: Rs. 500/- [Article (iv)] or being evidence of title
35] [the Maharashtra Stamp to any property, where
(Amendment) Act, 2015] (i) if the amount agreed such deposit has been
does not exceed Rs. made by way of security
Total: Rs. 600/- 10,00,000/- : 0.1% of the for the repayment of
amount agreed in the money advanced or to be
contract subject to minimum advanced by way of loan
of Rs. 100/- or an existing or future
debt:
(ii) in any other case : 0.2% (i) if the amount secured
of the amount agreed in the by such deed does not
contract. exceed Rs. 5,00,000/- :
0.1% of the amount
Indemnity: Rs. 500/- [Article secured subject to the
35] [the Maharashtra Stamp minimum of Rs. 100/- and
(Amendment) Act, 2015] (ii) in any other case:
0.3% of the amount
secured by such deed
subject to a maximum of
Rs. 20,00,000/-. [vide the
Maharashtra Stamp
(Amendment and
Validation) Act, 2021 read
with the Maharashtra
Stamp (Amendment) Act,
2021]
Proviso: If any such
instrument is executed in
favour of consortium of
banks, the duty
 subject to a maximum of
Rs. 20,00,000/-. [vide the
Maharashtra Stamp
(Amendment and
Validation) Act, 2021 read
with the Maharashtra
Stamp (Amendment) Act,
2021]
Proviso: If any such
instrument is executed in
favour of consortium of
banks, the duty
chargeable shall not
exceed Rs. 50,00,000/-.
[vide the Maharashtra
Stamp (Amendment) Act,
2021]
[Article 6(1)]
[Vide Notification No:
Mudrank 2005/ CR204/
M-I dated June 4, 2005]

Declaration: Rs.10/- [Article 4] Agreement: Rs. 10/- [Article 0.5% of the amount
5(c)] secured subject to a
[Article 4] maximum of Rs. 5,000
Indemnity: Rs. 100/- [Article Mortgage by deposit of
Indemnity: Rs. 100/- [Article 34 read with Article 57] title without possession :
34 read with Article 57] 2%

Total: Rs. 110/-

No on 10 there is no registration 0.5 without possession
fee but on 100 there is
registration fee 2%
(Indemnity )

Declaration: Rs. 50/- [vide Letter of Guarantee: Rs.100/- The Indian Stamp Act,
Indian Stamp (Punjab [Article 37 read with 5(d)] 1899 as applicable to the
Amendment) Act, 2019][Article [vide Indian Stamp (Punjab State of Punjab does not
4] [vide Indian Stamp (Punjab Amendment) Act, 2019] contain any separate
Amendment) Act, 2019] Indemnity: Rs.80/- [Article entry in respect to a
Indemnity: Rs. 80/- [Article 34 34 read with Article 57(b)] memorandum of entry
read with Article 57(b)] [vide for the deposit of title
Indian Stamp (Punjab deeds. Accordingly, no
Amendment) Act, 2019] stamp duty is payable in
respect to the same.
Total: Rs. 130/-
However, it may be
noted that it is usual
practice to stamp such
memorandum of entry at
Rs. 100/- being the duty
payable on an agreement
(not otherwise provided
for) [Article 5(d)].

Further it may be noted

that an instrument
evidencing an
'agreement' relating to
deposit of title deeds or
instruments constituting
or being evidence of the
title to any property
whatever (other than a
marketable security) is
stamped as:

(i) if repayable on
demand or more than
three months from the
date of instrument: 0.25%
Declaration: Rs.50/- [vide 0.25% of the loan amount or A memorandum relating
circular no. maximum Rs. 25000/- ((Page to deposit of title deeds
F.7(43)JN/2017/1899 dated 14) 0.5 of amount secured, evidencing the deposit of
April 24, 2017]* Minimum Rs 200, ) title deeds i.e. any
Indemnity: Rs. 500/- [Article documentary proof
5(g)] relating to the deposit of
Surcharge at the rate of 30% title deeds being evidence
of the duty shall be chargeable of the title to any
on the said instrument w.e.f property whatever, (other
01-04-2017 [vide Rajasthan than a marketable
Finance Act, 2017 read with security) is stamped at:
Notification No.
F.4(3)FD/Tax/2017-129 and (a) if such loan or debt is
Notification No. repayable on demand or
F.4(3)FD/Tax/2017-130 dated more than three months
March 31, 2017 and from the date of
Notification No. F.2(9)FD/ instrument evidencing
Tax/2020-176 dated May 15, the agreement or proof of
2020] deposit of title deeds -
0.25% of the value of the
debt subject to a
maximum of Rs. 15 Lakhs
[Vide Notification No.
F.4(17)FD/Tax/2019-33
dated July 10, 2019 and
Notification no. F.2(38)
Vidhi/2/2019 dated
August 21, 2019 read
with read with
Notification
No.F.4(2)FD/Tax/2022-
Rs 300/- Optional but option Rs 300 but surcharge 1% optional but surcharge
surcharge applicable applicable applicable

4 50 6

Declaration: Rs. 20/- Agreement: Rs. 20/- [Article An instrument evidencing

5(j)] an 'Agreement' relating to
the deposit of title deeds
[Article 4] Indemnity: Rs. 80/- [Article or instruments
34 read with Article 57] constituting or being
Indemnity: Rs. 80/- [Article 34 evidence of the title to
read with Article 57] any property whatever
Total: Rs. 100/- (other than a marketable
Total: Rs. 100/- security), where such
deposit has been made by
way of security for the
repayment of money
advanced or to be
advanced by way of loan
or an existing or future
debt :
(a) if such loan or debt is
repayable on demand or
more than three months
from the date of such
instrument: 0.5% of the
 Total: Rs. 100/- (other than a marketable
Total: Rs. 100/- security), where such
deposit has been made by
way of security for the
repayment of money
advanced or to be
advanced by way of loan
or an existing or future
debt :
(a) if such loan or debt is
repayable on demand or
more than three months
from the date of such
instrument: 0.5% of the
value of loan or debt,
subject to a maximum of
Rs. 40,000/-. [Article 6(1)
read with Notification
No.G.O. Ms. No. 47, CT
(JI), dated February 12,
2004 read with G.O. Ms.
No. 79, CT Department
dated July 11, 2011 and
Notification No.G.O. Ms.
No. 104, CT (JI), dated
August 13, 2018, read
Declaration: Rs. 20/- [Article 4] Agreement: Rs. 200/- [Article Analong with G.O.evidencing
instrument (Ms.) No.
6(A)(iii)] [Vide Notification an 'agreement' relating to
G.O.Ms.No. 120 dated July the deposit of title deeds
23, 2015 passed by or instruments
Department of Revenue constituting or being
(Registration- I), Government evidence of the title to
of Telangana w.e.f. July 25, any property whatever
2015] (other than a marketable
security), where such
Indemnity: Rs. 500/- [Article deposit has been made by
30 read with Article 48] way of security for the
repayment of money
advanced or to be
advanced by way of loan
Total: Rs. 700/- or an existing or future
Declaration: Rs. 10/- Agreement: Rs.100/- [Article An agreement relating to
[Article 4] 5(c)] deposit of title deeds or
instrument evidencing
Indemnity: Rs. 100/- [Article Indemnity: Rs. 100/- [Article the title to any property
34 read with Article 57(b)] 34 read with Article 57(b)] whatever (other than
marketable security) is
Total: Rs. 110/- Declaration: Rs.10/- [Article stamped as:
4]
(a) if such loan or debt is
Total: Rs. 200/- repayable on demand or
more than three months
from the date of the
instrument evidencing
the agreement: 0.5% of
the amount of the loan or
debt provided that the
duty shall not exceed Rs.
10,000/-.
Declaration: Rs. 10/- Letter of The Indian Stamp Act,
[Article 4] Guarantee/Agreement: 1899 as applicable to
Rs.10/- [Article 37 read with West Bengal does not
Article 5(e)] contain any separate
entry in respect to a
Indemnity: Rs.50/- [Article Memorandum of Entry
34 read with Article 57] for the deposit of title
deeds. Accordingly, no
Total: Rs. 60/- stamp duty is payable in
respect to the same.
However, it may be noted
that it is usual practice to
stamp such
memorandum of entry at
Rs. 10/- being the stamp
duty payable on an
agreement (not otherwise
provided for). [Article
5(e)]

Further, it may be noted

that in the event the
memorandum of entry
incorporates an
instrument evidencing an
'agreement' relating to
deposit of title deeds or
instruments constituting
or being evidence of the
title to any property
whatever (other than a
marketable security),
such memorandum of
entry shall be stamped
at :

(a) if such loan or debt is

repayable on demand or
more than three months
from the date of the
instrument evidencing
the agreement: 1% of the
amount of the loan.

(b) if such loan or debt is

repayable not more than
three months from the
date of such instrument:
0.5% of the amount of
the loan.

[Article 6(1)]
 incorporates an
instrument evidencing an
'agreement' relating to
deposit of title deeds or
instruments constituting
or being evidence of the
title to any property
whatever (other than a
marketable security),
such memorandum of
entry shall be stamped
at :

(a) if such loan or debt is

repayable on demand or
more than three months
from the date of the
instrument evidencing
the agreement: 1% of the
amount of the loan.

(b) if such loan or debt is

repayable not more than
three months from the
date of such instrument:
0.5% of the amount of
the loan.

[Article 6(1)]
Pledge Deed Simple Mortgage Indemnity

Pledge if Attested: [Article 7(b)] When possession of property is Indemnity: 3% of

not given or agreed to be the value of the
An agreement relating to pledge, that is to say, given: 3% for the amount security subject
an instrument evidencing an agreement relating secured by such deed. [Please to a maximum of
to pledge of moveable property where such note that in case of a simple Rs. 100/- [Article
pledge has been made by way of security for the mortgage the stamp duty has 30 read with
repayment of money advanced or to be been reduced from 3% to 0.5% Article 48]
advanced by way of loan or an existing or future for the amount secured by
debt - such deed vide GO Ms. No.
409, Rev. (Regn I) Dept., dated
(a) When repayable on demand or more than 3 11-05-2010] [Article 35(b) read
months from the date of the instrument – 0.5 % with Article 14]
of the amount secured subject to maximum of
Rs. 2,00,000/-. Indemnity: 3% of the value of
the security subject to a
(b) if repayable not more than 3 months from maximum of Rs. 100/- [Article
the date of instrument – half of the duty payable 30 read with Article 48]
under clause (a) for the amount secured.
Indemnity: 3% of the value of the security
subject to a maximum of Rs. 100/- [Article 30
read with Article 48]
POA: Rs. 75/- [Article 42(d)]
Pledge if Attested: [Article 6(2)] 1% of the loan amount stamp maximum
duty With Possession 2 % of RS.1000 , 3% of
Pledge of movable property, where such pledge loan amount without security bond -
is made by way of security for the repayment of possession 1% Kindly check (page 4 )
money advanced or to be advanced by way of
loan or an existing or future debt:

(a) If such loan or debt is repayable on demand

or after a period of three months from the date
of the instrument evidencing the agreement:

if drawn singly : 0.29% of the amount

if drawn in sets of two : 0.15% of the amount
if drawn in sets of three : 0.10% of the amount

(b) If such loan or debt is repayable within three

months from date of such instrument: half the
duty payable on a loan or debt under clause (a)
for the amount secured.

Indemnity: 3% of the amount subject to a

maximum of Rs.1000/- [Article 34 read with
Article 57 and Article 15]

POA: Rs.1000/- [Article 48(b)]

Pledge if Attested: [Article 6(2)] With and without possession is Rs 1000/-

2%

with possession (40(a)) & Artcile 34

without possession (40(b))
Pledge if Attested: [Article 6(2)] When possession is not given RS.100/-
or agreed to be given as
Pledge of movable property, where such pledge aforesaid - 2% subject to the
is made by way of security for the repayment of maximum of Rs. 2,00,000/-
money advanced or to be advanced by way of [Article 40(b)]
loan or an existing or future debt:
Explanation: A mortgagor who
(i) if such loan or debt is repayable on demand gives to the mortgagee a
or more than 3 months from the date of power of attorney to collect
instrument: 0.5% of amount secured subject to a rents, or a lease of the property
maximum of Rs. 50,000/- mortgaged or part thereof, is
deemed to give possession
(ii) if such loan or debt is repayable not more within the meaning of this
than 3 months from the date of instrument: half Article.
of the duty payable under clause (i) for the
amount secured.
Indemnity: Rs. 100/- [Article
34 read with Article 57]

Indemnity: Rs. 100/- [Article 34 read with

Article 57]

POA: Rs. 50/- [Article 48(d)]

(40 read with 23 with 42 to read with

possession) (40 without 57
possession 2% with monetary
ceiling of Rs 2 lakhs)
Pledge if Attested: [Article 6(2)] When possession of the Indemnity: Rs.
property or any part of the 300/- [Article 29]
Pledge of movable property, where such pledge property comprised in such [Vide Gujarat
is made by way of security for the repayment of deed is not given or not agreed Stamp
money advanced or to be advanced by way of to be given: [Article 36(b)] (Amendment)
loan or an existing or future debt: Act, 2019 w.e.f.
(i) where amount of debt does 05/08/2019]
(i) where amount of debt does not exceed not exceed Rs.10,00,00,000/-:
Rs.10,00,00,000: 0.25% of the amount secured 0.25% + 40% of the duty so
by the debt; calculated (as additional duty
payable under Section 3A of
(ii) where amount of debt exceeds the Gujarat Stamp Act, 1958).
Rs.10,00,00,000 : 0.50% of the amount secured
by the debt, subject to a maximum limit of Rs.8 (ii) where amount of debt
lakhs. exceeds Rs.10,00,00,000/-:
0.50% of the amount secured,
subject to maximum limit of Rs.
POA: Rs. 300/- [Article 45(d)] [Vide Gujarat 8,00,000/- + 40% of the duty so
Stamp (Amendment) Act, 2019 w.e.f. calculated (as additional duty
05/08/2019] payable under Section 3A of
the Gujarat Stamp Act, 1958)

Indemnity: Rs. 300/- [Article

29] [Vide Gujarat Stamp
(Amendment) Act, 2019 w.e.f.
05/08/2019]

Pledge if Attested: [Article 6(2)] When possession is not given Indemnity: Rs

or agreed to be given as 100/- [Article 34]
The pledge of movable property, where such aforesaid: 1.5% of the amount (Vide Indian
pledge has been made by way of security for the secured by such deed. [Article Stamp (Haryana
repayment of money advanced or to be 40(b) read with Article 15] Amendment)
advanced by way of loan or an existing or future Act, 2018)
debt - Explanation: A mortgagor who
gives to the mortgagee a
(i) if repayable on demand or more than 3 power of attorney to collect
months from the date of instrument : when the rents, or a lease of the property
amount of loan or debt is not less than Rs. mortgaged or part thereof, is
25,000/- and not more than Rs. 30,000 – Rs. deemed to give possession
76.05/- and thereafter 0.2445% of the amount within the meaning of this
secured. Article.

(ii) if repayable not more than 3 months from

the date of instrument: half of the duty payable Indemnity: Rs 100/- [Article
under clause (i) of the amount secured. 34] (Vide Indian Stamp
(Haryana Amendment) Act,
2018)
Pledge if Attested: [Article 6(2)][Vide KarnatakaWhen possession is not given Indemnity: Rs.
Stamp (Amendment) Act, 2023] or agreed to be given: 0.5% of 500/- [Article 29
Pledge of movable property, where such Pledge the amount secured. [Article read with Article
has been made by way of security for the 34(b)] 47] [Vide
repayment of money advanced or to be Karnataka Stamp
advanced by way of loan or an existing or future Explanation: A mortgagor who (Amendment)
debt: if such loan or debt is repayable on gives to the mortgagee a Act, 2023]
demand or otherwise: power of attorney to collect
rents, or a lease of the property
(i) Where the loan amount exceeds rupees one mortgaged or a part thereof, is
lakh but does not exceed Rs. 10,00,000/-: 0.5% deemed to give possession
of the loan or debt amount;[Substituted by Act
No.4 of 2024,w.e.f 03-02-2024] Exemption: [Article 34]

(ii) Where the loan amount exceeds Rs. (a) Instruments executed by
10,00,000/-: 0.5% of the loan or debt amount - persons taking advances under
[substituted by Act No. 4 of 2024, w.e.f. 03-02- the Karnataka Land
Pledge if Attested: Where the attested deed of
2024] When possession
Improvement is not
Loans Act,given
1963, Indemnity: Rs.
pledge has been
Declaration: made[Article
Rs.100/- by way4]of security for the or agreed
With to be given:
Possession 0.8% 0.5% of 1000/- [Article
NO Registration
repayment of money advanced or to be the amount minium
compulsory secured,Rs subject
1000 to 37 read with
advanced by way of loan or an existing or future a minimum
without of Rs. 500/-
possession [Article
(0.8%) Article 14 of the
Compulsory

Pledge if Attested: [Article 6(2)] When possession is not given RS.500/-

or agreed to be given: [Article
Pledge of movable property, where such pledge 40(b)]
is made by way of security for the repayment of
money advanced or to be advanced by way of (i) if the amount secured by
loan or an existing or future debt: such deed does not exceed
rupees five lakhs: 0.1% of the
(a) if the amount secured by such deed does amount secured by such deed,
not exceed Rs. 5,00,000/- : 0.1% of the amount subject to minimum of one
secured by such deed subject to the minimum of hundred rupees.
Rs. 100/-.
(ii) in any other cases: 0.3% of
(b) in any other case: 0.3% of the amount the amount secured by such
secured by such deed subject to a maximum of deed, subject to maximum of
Rs. 20,00,000/-. [vide the Maharashtra Stamp Rs. 20,00,000/-.[Article 40(b)]
(Amendment and Validation) Act, 2021 read with [the Maharashtra Stamp
the Maharashtra Stamp (Amendment) Act, 2021] (Amendment and Validation)
Act, 2021 read with the
Proviso: If any such instrument is executed in Maharashtra Stamp
favour of consortium of banks, the duty (Amendment) Act, 2021]
chargeable shall not exceed Rs. 50,00,000/-.
[vide the Maharashtra Stamp (Amendment) Act, Proviso: If any such
2021] instrument is executed in
Indemnity: Rs. 500/- [Article 35] [the favour of consortium of banks,
Maharashtra Stamp (Amendment) Act, 2015] the duty chargeable shall not
exceed Rs. 50,00,000/-. [vide
POA: Rs. 500/- [Article 48(d)] [the Maharashtra the Maharashtra Stamp
Stamp (Amendment) Act, 2015] (Amendment) Act, 2021]

Indemnity: Rs. 500/- [Article

35] [the Maharashtra Stamp
 chargeable shall not exceed Rs. 50,00,000/-.
[vide the Maharashtra Stamp (Amendment) Act, Proviso: If any such
2021] instrument is executed in
Indemnity: Rs. 500/- [Article 35] [the favour of consortium of banks,
Maharashtra Stamp (Amendment) Act, 2015] the duty chargeable shall not
exceed Rs. 50,00,000/-. [vide
POA: Rs. 500/- [Article 48(d)] [the Maharashtra the Maharashtra Stamp
Stamp (Amendment) Act, 2015] (Amendment) Act, 2021]

Indemnity: Rs. 500/- [Article

35] [the Maharashtra Stamp
(Amendment) Act, 2015]

Pledge if Attested: [Article 6(2)] When possession of the Rs.100/-

Where the attested deed of pledge has been property or any part of the
made by way of security for the repayment of property comprised in such
money advanced or to be advanced by way of deed is not given or not agreed
loan or an existing or future debt: to be given: 2% of the amount
(a) if such loan or debt is repayable on demand secured by such deed. [Article
or more than 3 months from the date of 40(b) read with Article 16 and
instrument: 0.5% of the amount of the loan, Article 15]
subject to a maximum of Rs. 5000/- [vide Indian
Stamp (Odisha Amendment) Act, 2012, effective Indemnity: Rs. 100/- [Article 34
from February 24, 2013]. read with Article 57]
(b) if such loan or debt is repayable not more
than 3 months from the date of instrument:
0.25% of the amount of loan [vide Indian Stamp
(Odisha Amendment) Act, 2012, effective from
February 24, 2013].
Indemnity: Rs. 100/- [Article 34 read with Article
57]
POA: Rs. 1000/- [Article 48(e)] [vide Indian
Stamp (Odisha Amendment) Act, 2014, effective
from January 19, 2015]
 on 10 there is nor registration 2%
fee but on 100 there is
registration fee 2%(Indemnity )

Pledge if Attested: [Article 6(2)] When possession is not given Indemnity: Rs.
or agreed to be given: 8% of 80/- [Article 34
The pledge of movable property, where such the amount secured [Article read with Article
pledge has been made by way of security for the 40(b) read with Article 15] [vide 57(b)] [vide
repayment of money advanced or to be Indian Stamp (Punjab Indian Stamp
advanced by way of loan or an existing or future Amendment) Act, 2019] (Punjab
debt - Amendment)
Indemnity: Rs. 80/- [Article 34 Act, 2019]
(i) if repayable on demand or more than three read with Article 57(b)] [vide
months from the date of instrument: 0.25% of Indian Stamp (Punjab
the amount secured. Amendment) Act, 2019]

(ii) if repayable not more than three months Remission: Mortgage deed
from the date of instrument: half of the duty executed by any person on
payable under clause (i). behalf of the Punjab
Government for securing any
Indemnity: Rs. 80/- [Article 34 read with Article loan (Vide Notification No. S.O.
57(b)] [vide Indian Stamp (Punjab Amendment) 69/C.A.2/1899/S.9/2013 dated
Act, 2019] August 20, 2013).

POA: Rs. 2000/- [Article 48(d)]

Attested Pledge Agreement: [Article 6(2)] When possession is not given Indemnity: Rs.
or agreed to be given - 0.25% 500/- [Article
Pledge of movable property, where such pledge of the amount of loan or debt 5(g)]
has been made by way of security for the subject to a maximum of Rs. 15
repayment of money advanced or to be lakhs. [Article 37(b) read with
advanced by way of loan or an existing or future Article 21(i), Notification No.
debt: F.4(17)FD/Tax/2019-33 dated
July 10, 2019 read with
(a) if repayable on demand or more than 3 Notification No.
months from the date of instrument - 0.25% F.4(4)FD/Tax/2015-229 dated
Maximum - Rs. 15 Lakhs of amount of loan or March 09, 2015 read with read
debt [vide Notification no. F. 2(38) Vidhi/2/2019 with Notification
dated August 21, 2019 read with Notification No.F.4(2)FD/Tax/2022-120
No.F.4(2)FD/Tax/2022-120 dated February 23, dated February 23, 2022]
2022] Surcharge: at the rate of 30%
of the duty shall be chargeable
(b) if repayable not more than 3 months from on the said instrument w.e.f
the date of instrument – 0.075% of the loan 01-04-2017. [Vide Rajasthan
amount Max - Rs. 5 Lakhs above for the amount Finance Act, 2017 read with
secured. Notification No.
F.4(3)FD/Tax/2017-129 and
Surcharge at the rate of 30% of the duty shall be Notification No.
chargeable on the said instrument w.e.f 01-04- F.4(3)FD/Tax/2017-130 dated
2017. [Vide Rajasthan Finance Act, 2017 read March 31, 2017 and
with Notification No. F.4(3)FD/Tax/2017-129 and Notification No. F.2(9)FD/
Notification No. F.4(3)FD/Tax/2017-130 dated Tax/2020-176 dated May 15,
March 31, 2017 and Notification No. F.2(9)FD/ 2020]
Tax/2020-176 dated May 15, 2020] Indemnity: Rs: 500/- [Article
5(g)]

Indemnity: Rs. 500/- [Article 5(g)]

1% With and without 1% optional but
possession compulsory surcharge
applicable

37(a) and 37 (b) 32

Pledge, if Attested [Article 6(2)] When possession is not given Indemnity: Rs.
Pledge of movable property, where such pledge or agreed to be given as 80/- [Article 34
is made by way of security for the repayment of aforesaid - 1% of the amount read with Article
money advanced or to be advanced by way of secured by such deed, subject 57]
loan or an existing or future debt: to a maximum of Rs. 50,000/-
(a) if the loan or debt is repayable on demand or [Article 40(b) read with
more than three months from the date of notification No.G.O. Ms. No.
instrument evidencing the agreement: 0.5% of 47, CT (JI), dated February 12,
the value of loan or debt. 2004 read with G.O. Ms. No.
(b) if the loan or debt is repayable within three 96, CT Department dated July
months from the date of such instrument: 0.25% 7, 2009, read along with G.O.
of the value of loan or debt. (Ms.) No. 69 dated July 07,
Indemnity: Rs. 80/- [Article 34 read with Article 2023 ]
57(b)] Proviso: Provided that in
POA: Rs. 175/- [Article 48(d)] respect of mortgage deeds
described under Article 40(b) of
the Indian Stamp Act, 1899,
executed for the purpose of
securing the debentures the
maximum stamp duty payable
is Rs. 10,00,000 (Rupees Ten
 instrument evidencing the agreement: 0.5% of 47, CT (JI), dated February 12,
the value of loan or debt. 2004 read with G.O. Ms. No.
(b) if the loan or debt is repayable within three 96, CT Department dated July
months from the date of such instrument: 0.25% 7, 2009, read along with G.O.
of the value of loan or debt. (Ms.) No. 69 dated July 07,
Indemnity: Rs. 80/- [Article 34 read with Article 2023 ]
57(b)] Proviso: Provided that in
POA: Rs. 175/- [Article 48(d)] respect of mortgage deeds
described under Article 40(b) of
the Indian Stamp Act, 1899,
executed for the purpose of
securing the debentures the
maximum stamp duty payable
is Rs. 10,00,000 (Rupees Ten
Lakh Only). [Notification
No.II(1)CTR /7(i-1)/2020 dated
March 17, 2020.]
Indemnity: Rs. 80/- [Article 34
read with Article 57]

Pledge if Attested: [Article 7(b)] When possession of property is Indemnity: Rs.

not given or agreed to be 500/- [Article 30
An agreement relating to pledge, that is to say, given: 3% for the amount read with Article
an instrument evidencing an agreement relating secured by such deed. [Please 48]
to pledge of moveable property where such note that in case of a simple
pledge has been made by way of security for the mortgage the stamp duty has
repayment of money advanced or to be been reduced from 3% to 0.5%
advanced by way of loan or an existing or future for the amount secured by
debt : such deed vide GO Ms. No.
(a) when payable on demand or more than 3 409, Rev. (Regn I) Department,
months from the date of the instrument: 0.5 % Government of Andhra
of the amount secured subject to maximum of Pradesh dated. 11-05-2010]
Rs. 2,00,000/-. [Article 35(b)]
(b) if repayable not more than 3 months from Indemnity: Rs. 500/- [Article
the date of instrument: half of the duty payable 30 read with Article 48]
Attested Pledge
under clause (a) Agreement: [Article
for the amount 6(2)]
secured. Where the possession is not Indemnity: Rs.
given or agreed to be given - 100/- [Article 34
Any instrument evidencing an agreement 0.5% of the amount secured by read with Article
relating to Pledge of movable property, where such deed subject to a 57(b)]
such pledge has been made by way of security maximum of Rs. 5 lakhs.
for the repayment of money advanced or to be [Article 40(b) read with
advanced by way of loan or an existing or future Notification No. KA.N.I.-5-
debt:- 2758/X 2008-500-(159)-2006,
(a) if such loan or debt is repayable on demand dated July 10, 2008 read with
or more than 3 months from the date of the Notification No.K.N.5-3139/11-
instrument evidencing the agreement: 0.5% of 2001-500(121)/2000 T.C. dated
the amount of the loan or debt provided that the May 25, 2001]
duty shall not exceed Rs. 10,000/-. Indemnity: Rs. 100/- [Article 34
read with Article 57(b)]
(b) if such loan or debt is repayable not more
than 3 months from the date of such instrument:
half the duty payable on a loan or debt under
clause (a) for the amount secured.
 Pledge if Attested: Where the attested deed of When possession of the Indemnity: Rs.
pledge has been made by way of security for the property or any part of the 50/- [Article 34
repayment of money advanced or to be property comprised in such read with Article
advanced by way of loan or an existing or future deed is not given or not agreed 57]
debt: to be given: 2% of the amount
(a) if such loan or debt is repayable on demand secured by such deed subject
or more than 3 months from the date of to a maximum of Rs. 1,00,000/-
instrument: 1% of the amount of loan. [Article 40(b)]
(b) if such loan or debt is repayable not more Indemnity: Rs. 50/- [Article 34
than 3 months from the date of instrument: read with Article 57]
0.5% of the amount of loan.
[Article 6(2)]
Indemnity: Rs. 50/- [Article 34 read with Article
57]
POA: Rs. 100/- [Article 48(e)]
AFFIDAVIT

Rs. 10/- [Article 4]

Rs.100/-

[Article 4]

NA

Article 4
Rs.10/-

4
Rs.50- (Article 4 )

Rs. 10/-

[Article 4]
 Declaration: Rs. 100/-
[Article 4]

Indemnity: Rs. 500/- [Article 29 read

with Article 47] [Vide Karnataka
Stamp (Amendment) Act, 2023]

Rs.50/- [Article 5 of the Indian Stamp

(Madhya Pradesh) Amendment Act,
Rs 500 optional
2014, effective from January 07,
2015]

Rs.100/-
Affidavit: Rs.10/- [Article 4]

[Article 4]
Affidavit: Rs. 50/- [vide Indian Stamp
(Punjab Amendment) Act, 2019]

Exemption: Affidavit or declaration

in writing when made for the
immediate purpose of being filed or
used in any Court or before the
officer of any Court. [Article 4] [vide
Indian Stamp (Punjab Amendment)
Act, 2019]
Rs. 50/- [vide circular no.
F.7(43)JN/2017/1899 dated April 24,
2017]*

Surcharge at the rate of 30% of the

duty shall be chargeable on the said
instrument w.e.f 01-04-2017 [vide
Rajasthan Finance Act, 2017 read
with Notification No.
F.4(3)FD/Tax/2017-129 and
Notification No. F.4(3)FD/Tax/2017-
130 dated March 31, 2017 and
Notification No. F.2(9)FD/ Tax/2020-
176 dated May 15, 2020]

Rs 300/- Optional but surcharge

applicable

Affidavit: Rs. 20/-

[Article 4]
Declaration: Rs. 20/- [Article 4]

Declaration: Rs.10/- [Article 4]

Declaration: Rs. 10/-
[Article 4]
Leave and License

Licence of immovable or movable property, that is to say licence granted

by owner or authority for rent or fee or by whatever name it is called:
[Article 33]

(a) Whereby such licence granted for rent or fee or by whatever name it
is called:

(i) where the licence purports to be for a term of less than one year: Two
rupees for every one hundred rupees or part thereof for the first Rs.1000/-
and for every Rs.500/- or part thereof in excess of Rs. 1,000/- ten rupees,
for the whole amount payable or deliverable under such licence.

(ii) where the licence purports to be for a term of not less than one year
but not more than five years: Two rupees for every one hundred rupees or
part thereof for the first Rs. 1,000/- and for every Rs.500/- or part thereof
in excess of Rs. 1,000/- ten rupees, for the amount or value of the average
annual rent or fee or by whatever name it is called.

(iii) where the licence purports to be for a term of not less than five years
but not exceeding ten years: 5% on the amount or value of one and half
times of the average annual rent or fee or by whatever name it is called.

(b) where the licence is granted for a lumpsum amount advanced and
where no rent or fee or by whatever name it is called is reserved: 2% on
the lumpsum amount as set forth in the license.

(c) where the licence is granted for a lumpsum amount advanced in

addition to rent or fee or by whatever name it is called: 2% on the
lumpsum amount advanced as set forth in the licence in addition to the
duty which would have been payable on such licence if no lumpsum
amount advanced had been paid or delivered.

Indemnity: 3% of the value of the security subject to a maximum of Rs.

100/- [Article 30 read with Article 48]
Agreement: Rs.1000/- [Article 5(c)]

Indemnity: 3% of the amount subject to a maximum of Rs.1000/- [Article

34 read with Article 57 and Article 15]

Arbitration (if arbitration agreement is included in the agreement):

Rs.1000/- [Article 5(c)]

[Article 5(c)]
Agreement: Rs.50/- [Article 5(c)]

Indemnity: Rs.100/- [Article 34 read with Article 57]

Arbitration (if arbitration agreement is included in the agreement): Rs.50/-

[Article 5(c)]

Total: Rs. 200/-

Leave and License Agreement: relating to immovable property other than
the residential property: 50 paise for every Rs. 100/- or part thereof on the
whole amount payable or deliverable plus the total amount of fine or
premium or money advanced or to be advanced irrespective of the period
for which such leave and licence agreement is executed. [Article 30A]

For all other kinds of Leave and License Agreement (where such leave
and license agreement does not amount to lease): Agreement: Rs. 300/-
[Article 5(h)] [Vide Gujarat Stamp (Amendment) Act, 2019 w.e.f.
05/08/2019]

Indemnity: Rs. 300/- [Article 29]

Arbitration (if arbitration agreement is included in the agreement):

Rs.300/- [Article 5(h)]

[Article 30]
Agreement: Rs.100/- [Article 5(c)] (Vide Order No. S.O. 36/C.A. 2/1899/S. 9/2020
dated July 13, 2020)

Indemnity: Rs.100/- [Article 34] (Vide Indian Stamp (Haryana Amendment) Act,
2018)

Arbitration (if arbitration agreement is included in the agreement): Rs.100/-

[Article 5(c)]

Total: Rs. 300/-

 Licence of immovable or moveable property: That is to say licence granted by
owner or authority for rent or fee or by whatever name it is called, and money
advanced or security deposit or for carrying on manufacture, trade, business or
profession:

(i) where the license purports to be for a term not exceeding one year in case of
residential property: fifty paise for every one hundred rupees or part thereof on
the total amount or value of; the average annual rent, premium, fine and money
advanced, subject to a maximum of rupees five hundred.

(ii) where the license purports to be for a term not exceeding one year in case
of commercial or industrial property: fifty paise for every one hundred rupees or
part thereof on the total amount or value of; the average annual rent, premium,
fine and money advanced, subject to a minimum of rupees fifty.

(iii) where the license purports to be for a term exceeding one year and not
exceeding ten years: one rupee for every one hundred rupees or part thereof on
Leave andamount
the total LicenseorAgreement: Same
value of; the as entry
average no 41(b)
annual rent, below. Please
premium, finenote the
and money
Explanation advanced,
VIII provided undertoentry
subject no. 41(b)
a minimum of states
rupeesthat
onedocument
Hundred. of Leave
and Licence or Conducting Licence, if relating to immovable property and in the
nature of a lease shall be treated as lease deed.

Leave and License Agreement: [Article 36A]

(a) Where the leave and licence agreement purports to be for a term not
exceeding sixty months with or without renewal clause: 0.25% of the total sum
of:

(i) the licence fees or rent payable under the agreement; plus
(ii) the amount of non-refundable deposit or money advanced or to be
advanced or premium, by whatever name called; plus
(iii) the interest calculated at the rate of 10 per cent, per annum on the
refundable security deposit or money advanced or to be advanced, by whatever
name called.

(b) where such leave and licence agreement purports to be for a period
exceeding sixty months with or without renewal clause: Same duty as is leviable
on lease, under clause (ii), (iii) or (iv) above as the case may be, of Article 36 i.e.
lease which is covered in our entry no. 41(b).

Indemnity: Rs. 500/- [Article 35] [the Maharashtra Stamp (Amendment) Act,
2015]

Arbitration (if arbitration agreement is included in the agreement): Rs.100/-

[Article 5(h)(B)]
 Arbitration (if arbitration agreement is included in the agreement): Rs.100/-
[Article 5(h)(B)]

Agreement: Rs. 10/- [Article 5(c)]

Indemnity: Rs. 100/- [Article 34 read with Article 57]

Arbitration (if arbitration agreement is included in the agreement): Rs. 10/-

[Article 5(c)]

Total: Rs. 120/-

 Agreement: Rs. 100/- [Article 5(d)]

Indemnity: Rs. 80/- [Article 34 read with Article 57(b)]

Declaration: Rs.50/- [Article 4]

Arbitration (if arbitration agreement is included in the agreement): Rs. 100/-

[Article 5(d)]

Total: Rs. 280/-

eave and Licence Agreement relating to immovable property other than the
residential property: The same duty as on Lease [Article 33A]

For all other kinds of Leave and License Agreement (where such leave and
license agreement does not amount to lease): Rs. 500/- [vide circular no.
F.7(43)JN/2017/1899 dated April 24, 2017]* [Article 5(g)]

Indemnity: When no amount is stipulated in the indemnification clause, then

such a clause would be viewed as a ‘contract of indemnity’ and the same would
be chargeable with duty of Rs.500/- under Article 5(g).

Note: When the indemnity clause is quantified for a predetermined amount:

0.1% of the amount secured subject to a minimum of Rs. 200/- [Vide circular no.
F.7(43)JN/2017/1899 dated April 24, 2017]* [Article 32]

Surcharge at the rate of 30% of the duty shall be chargeable on the said
instrument w.e.f 01-04-2017 [vide Rajasthan Finance Act, 2017 read with
Notification No. F.4(3)FD/Tax/2017-129 and Notification No. F.4(3)FD/Tax/2017-
130 dated March 31, 2017 and Notification No. F.2(9)FD/ Tax/2020-176 dated
May 15, 2020]

Arbitration (if arbitration agreement is included in the agreement): Rs. 500/-

[Article 5(g)]

Agreement: Rs. 20/- [Article 5(j)]

Indemnity: Rs. 80/- [Article 34 read with Article 57]

Arbitration (if arbitration agreement is included in the agreement): Rs. 20/-

[Article 5(j)]

Total: Rs. 120/-

 Total: Rs. 120/-

Licence of immovable or movable property, that is to say licence granted by

owner or authority for rent or fee or by whatever name it is called: [Article 33]

(a) Whereby such licence granted for rent or fee or by whatever name it is
called:
(i) where the licence purports to be for a term of less than one year: Two rupees
for every one hundred rupees or part thereof for the first Rs.1000/- and for every
Rs.500/- or part thereof in excess of Rs. 1,000/- ten rupees, for the whole
amount payable or deliverable under such licence;
(ii) where the licence purports to be for a term of not less than one year but not
more than five years: Two rupees for every one hundred rupees or part thereof
for the first Rs. 1,000/- and for every Rs.500/- or part thereof in excess of Rs.
1,000/-ten rupees, for the amount or value of the average annual rent or fee or
by whatever name it is called;
(iii) where the licence purports to be for a term of not less than five years but
not exceeding ten years:Agreement: Rs.100/-or
5% on the amount [Article
value 5(c)]
of one and half times of the
average annual rent or fee or by whatever name it is called;
Indemnity: Rs. 100/- [Article 34 read with Article 57(b)]

Arbitration (if arbitration agreement is included in the agreement): Rs. 100/-

[Article 5(c)]

Total: Rs. 300/-

 Agreement: Rs. 10/- [Article 5(e)]
Indemnity: Rs. 50/- [Article 34 read with Article 57]
Arbitration (if arbitration agreement is included in the agreement): Rs. 10/-
[Article 5(e)]

Total: Rs. 70/-

Lease Deed

Lease, including an under-lease or sub-lease and any agreement to let or sub-let

or any renewal of lease:

(a) Whereby such lease, the rent is fixed and no premium is paid or delivered:

(i) Where the lease purports to be for a term of less than one year: 0.4% of the
total rent.

(ii) Where the lease purports to be for a term of not less than one year but not
more than five years:

(a) For residential properties: 0.5% on average annual rent.

(b) In other case: 1% on average annual rent.

(iii) where the lease purports to be for a term exceeding five years but not
exceeding ten years:

(a) For residential properties: 1% on average annual rent.

(b) In other case: 2% on average annual rent.

(iv) where the lease purports to be for a term exceeding ten years but not
exceeding twenty years: 6% of the average annual rent reserved.

(v) where the lease purports to be for a term exceeding twenty years but not
exceeding thirty years: 15% of the average annual rent reserved.

(vi) (a) where the lease purports to be for a period in excess of thirty years or in
perpetuity or does not purports to be for a definite period: 3% of the market value
of the property.

(b) where the lease is granted for a fine or premium or for money advanced or
to be advanced and where no rent is reserved: 2% on fine, premium or money
advanced.
Lease, including an under - lease or sub - lease and any agreement to let or sub-
let

Indemnity: 3% of the amount subject to a maximum of Rs.1000/- [Article 34

read with Article 57 and Article 15]

Arbitration (if arbitration agreement is included in the agreement): Rs.1000/-

[Article 5(c)]

[Article 35 read with Article 23]

Lease, including an under-lease or sub-lease and any agreement to let or sub-
let:

(a) where by such lease the rent is fixed and no premium is paid or delivered:

(i) where the lease purports to be for a term of less than one year: 2% for the
whole amount payable or deliverable under such lease.

(ii) where the lease purports to be for a term of not less than one year, but not
more than five years: 2% for the amount or value of the average annual rent
received.

(iii) where the lease purports to be for a term exceeding five years and not
exceeding ten years: 3% of the consideration equal to the amount or value of the
average annual rent received and if the property is held by women: 2% of the
amount secured by such deed. Provided that in case of jointly held immovable
property, the reduced rate of stamp duty shall apply only to the share(s) held by
woman/women.

(iv) where the lease purports to be for a term exceeding ten years but not
exceeding twenty years: 3% of the consideration equal to twice the amount or
value of the average annual rent received and if the property is held by women:
2% of the amount secured by such deed. Provided that in case of jointly held
immovable property, the reduced rate of stamp duty shall apply only to the
share(s) held by woman/women.

(v) where the lease purports to be for a term exceeding twenty years, but not
exceeding thirty years: 3% of the consideration equal to three times the amount
or value of the average annual rent received and if the property is held by
women: 2% of the amount secured by such deed. Provided that in case of jointly
held immovable property, the reduced rate of stamp duty shall apply only to the

[Article 35]
Lease, including an under lease or sub-lease and any agreement to let or sub-let

(a) Where by such lease the rent is fixed and no premium is paid or delivered:

(i) Where the lease purports to be for a term of less than one year: One Rupee
for every hundred rupees, or part thereof or the whole amount payable or
deliverable under such lease.

(ii) Where the lease purports to be for a term of not less than one year but not
more than three years: Two Rupee for every hundred rupees, or part thereof for
the amount or value of the average annual rent reserved.

(iii) Where the lease purports to be for a term in excess of three years but not
more than ten years: The same duty as is leviable on a conveyance (as provided
in the Appendix) under Article 20 for the amount or value of the average annual
rent reserved.

(iv) Where the lease purports to be tor a term in excess of ten years but not
more than thirty years: The same duty as is leviable on a conveyance (as
provided in the Appendix) under Article 20 for twice the amount or value of the
average annual rent reserved.

(v) Where the lease purports to be for a term in excess of thirty years but not
more than ninety eight years: The same duty as is leviable on a conveyance (as
provided in the Appendix) under Article 20 for thrice the amount or value of the
average annual rent reserved.

Lease, including an under-lease or sub-lease and any agreement to let or sub-let:

(a) where by such lease the rent is fixed and no premium is paid or delivered:

(i) where the lease purports to be for a term of less than one year: 1.5% for the whole
amount payable or deliverable under such lease.

(ii) where the lease purports to be for a term of not less than one year, but not more
than five years: 1.5% for the amount or value of the average annual rent reserved.

(iii) where the lease purports to be for a term exceeding five years and not exceeding
ten years: 3% of the consideration equal to the amount or value or the average annual
rent reserved.

(iv) where the lease purports to be for a term exceeding ten years but not exceeding
twenty years: 3% of the consideration equal to the amount or value or the average
annual rent reserved.
Lease of immoveable property including an under-lease or sublease and any agreement
to let or sub-let where by such lease, the rent is fixed, or fine or premium or money
advanced or security deposit (as the case may be) is paid or delivered: [Article 30]
(i) where the lease purports to be for a term not exceeding one year in case of
residential property: fifty paise for every one hundred rupees or part thereof on the
total amount or value of; the average annual rent, premium, fine and money advanced,
subject to a maximum of rupees five hundred.
(ii) where the lease purports to be for a term not exceeding one year in case of
commercial or industrial property: fifty paise for every one hundred rupees or part
thereof on the total amount or value of; the average annual rent, premium, fine and
money advanced.
(iii) where the lease purports to be for a term exceeding one year and not exceeding
ten years: one rupee for every one hundred rupees or part thereof on the total amount
or value of; the average annual rent, premium, fine and money advanced.
(iv) where the lease purports to be for a term exceeding ten years and not exceeding
twenty years: two rupees for every one hundred rupees or part thereof on the total
amount or value of; the average annual rent, premium, fine and money advanced.
Lease, including an under-lease or sub-lease and any agreement to let or sub-let or any
renewal of lease, other than mining lease: [Article 38]

Lease, including an under-lease or sub-lease and any agreement to let or sublet or any
renewal of lease:
Where such lease purports to be:
(i) for a period not exceeding five years: The same duty as is leviable on a Conveyance
(as provided in the Appendix) under clause (a), (b), or (c), as the case may be, of Article
25 ,on 10 per centum of the market value of the property.
(ii) for a period exceeding five years but not exceeding ten years , with a renewal
clause contingent or otherwise: The same duty as is leviable on a Conveyance (as
provided in the Appendix) under clause (a), (b), or (c), as the case may be, of Article 25
on 25 per centum of the market value of such property.
(iii) for a period exceeding ten years but not exceeding twenty-nine years, with a
renewal clause contingent or otherwise: The same duty as is leviable on Conveyance (as
provided in the Appendix) under clause (a), (b), or (c), as the case may be of Article 25,
on 50 per centum of the market value of such property.
(iv) for a period exceeding twenty-nine years or in perpetuity, or does not purport for
any definite period, or for lease for period exceeding twenty-nine years, with a renewal
clause contingent or otherwise: The same duty as is leviable on a Conveyance (as
provided in the Appendix) under clause (a), (b), or (c), as the case may be , or article 25,
on 90 per centum of the market value of the property.
[Article 36]
Indemnity: Rs. 500/- [Article 35] [the Maharashtra Stamp (Amendment) Act, 2015]
Arbitration (if arbitration agreement is included in the agreement): Rs.100/- [Article
5(h)(B)]
 Indemnity: Rs. 500/- [Article 35] [the Maharashtra Stamp (Amendment) Act, 2015]
Arbitration (if arbitration agreement is included in the agreement): Rs.100/- [Article
5(h)(B)]

Lease, including an under lease or sub-lease and any agreement to let or sub-let:

(a) Where by such lease the rent is fixed and no premium is paid or delivered:

(i) Where the lease purports to be for a term of less than one year: 2% the whole
amount payable or deliverable under such lease.

(ii) Where the lease purports to be for a term of not less than one year, but not more
than five years: 2% of the amount or value of the average annual rent reserved.

(iii) where the lease purports to be for a term exceeding five years, but not exceeding
ten years: The same duty as a conveyance (as provided in the Appendix) under Division
(A), (B) or (C), as the case may be, of Article 23 for a consideration equal to the amount
or value of the average annual rent reserved

(iv) Where the lease purports to be for a term exceeding ten years, but not exceeding
twenty years: The same duty as a conveyance (as provided in the Appendix) under
Division (A), (B) or (C), as the case may be, of Article 23 for a consideration equal to
twice the amount or value of the average annual rent reserved.

(v) Where the lease purports to be for a term exceeding twenty years, but not
exceeding thirty years: The same duty as a conveyance (as provided in the Appendix)
under Division (A), (B) or (C), as the case may be, of Article 23 for a consideration equal
to three times the amount or value of the average annual rent reserved.

(vi) Where the lease purports to be for a term exceeding thirty years, but not exceeding
one hundred years: The same duty as a conveyance (as provided in the Appendix) under
Division (A), (B) or (C), as the case may be, of Article 23 for a consideration equal to four
times the amount or value of the average annual rent reserved.

(vii) Where the lease purports to be for a term exceeding one hundred years, or in
perpetuity: The same duty as a conveyance (as provided in the Appendix) under
Division (A), (B) or (C), as the case may be, of Article 23 for a consideration equal to one-
sixth of the whole amount of rent which would be paid or delivered in respect of first
 Lease, including an under-lease or sub-lease and any agreement to let or sub-let:
[Article 35]

(a) where by such lease the rent is fixed and no premium is paid or delivered:

(i) where the lease purports to be for a term of less than one year: 8% the whole
amount payable or deliverable under such lease [vide Indian Stamp (Punjab
Amendment) Act, 2019]

(ii) where the lease purports to be for a term of not less than one year, but not more
than five years: 8% the amount or value of the average annual rent reserved [vide
Indian Stamp (Punjab Amendment) Act, 2019]

(iii) where the lease purports to be for a term exceeding five years and not exceeding
ten years: The same duty as a Conveyance (as provided in the Appendix) for a
consideration equal to the amount or value of the average annual rent reserved.

(iv) where the lease purports to be for a term exceeding ten years but not exceeding
twenty years: The same duty as a Conveyance (as provided in the Appendix) for the
consideration equal to the amount or value of the average annual rent reserved.

(v) where the lease purports to be for a term exceeding twenty years but not exceeding
thirty years: The same duty as a Conveyance (as provided in the Appendix) for the
consideration equal to three times the amount or value of the average annual rent
reserved.

(vi) where the lease purports to be for a term exceeding thirty years but not exceeding
hundred years: The same duty as a Conveyance (as provided in the Appendix) for a
consideration equal to four times the amount or value of the average annual rent
reserved.

(vii) where the lease purports to be for a term exceeding hundred years or in
perpetuity: The same duty as a (as provided in the Appendix), for a consideration equal
in the case of a lease granted solely for agricultural purposes to 1/10th and in any other
case to 1/6th of the whole amount of rents which would be paid or delivered in respect
Lease: Including an under lease, or sub-lease and any agreement to let or sub­let or any
renewal thereof: [Article 33]

Where such lease purports to be:

(i) for a period less than one year: 0.02% of the market value of the property.
(ii) for a period not less than one but not exceeding five years: 0.1% of the market value
of the property.
(iii) for a period exceeding five years but not exceeding ten years: 0.5% of the market
value of the property.
(iv) for a period exceeding ten years but not exceeding fifteen years: 1% of the market
value of the property.
(v) for a period exceeding fifteen years but not exceeding twenty years: 2% of the
market value of the property.
(vi) for a period exceeding twenty years but not exceeding thirty years: 4% of the
market value of the property.
(vii) for a period exceeding thirty years or in perpetuity, or does not purport for any
definite period: If relating to immovable property then 6% of the market value of the
property. [Article 33 read with Article 21]
Provided that in any case when an agreement to lease is stamped with the stamp
required for a lease, and a lease in pursuance of such agreements is subsequently
executed, the duty on such lease shall not exceed hundred rupees.

Indemnity: When no amount is stipulated in the indemnification clause, then such a

clause would be viewed as a ‘contract of indemnity’ and the same would be chargeable
with duty of Rs. 500/- under Article 5(g).
Note: When the indemnity clause is quantified for a predetermined amount: 0.1% of
the amount secured subject to a minimum of Rs. 200/- [Vide circular no.
F.7(43)JN/2017/1899 dated April 24, 2017]* [Article 32]
Surcharge at the rate of 30% of the duty shall be chargeable on the said instrument
w.e.f 01-04-2017 [vide Rajasthan Finance Act, 2017 read with Notification No.
F.4(3)FD/Tax/2017-129 and Notification No. F.4(3)FD/Tax/2017-130 dated March 31,
2017 and Notification No. F.2(9)FD/ Tax/2020-176 dated May 15, 2020]

Lease, including an under lease or sub-lease and any agreement to let or sub-let:
[Article 35]

(a) where the period of lease is below thirty years: One rupee for every Rs. 100 or part
thereof of the amount of rent, fine, premium or advance, if any, payable;

(b) where the period of lease is thirty years and above and upto ninety nine years: Four
rupee for every Rs. 100 or part thereof of the amount of rent, fine, premium or
advance, if any, payable;

(c) where the period of lease is above ninety-nine years: Seven rupees for every Rs. 100
or part thereof of the amount of rent, fine, premium or advance, if any, payable:
Provided that in any case when an agreement to lease is stamped with the ad valorem
stamp required for a lease and a lease in pursuance of such agreement is subsequently
executed, the duty on such lease shall not exceed twenty rupees.
Indemnity: Rs. 80/- [Article 34 read with Article 57]

Arbitration (if arbitration agreement is included in the agreement): Rs. 20/- [Article 5(j)]
 rupee for every Rs. 100 or part thereof of the amount of rent, fine, premium or
advance, if any, payable;

(c) where the period of lease is above ninety-nine years: Seven rupees for every Rs. 100
or part thereof of the amount of rent, fine, premium or advance, if any, payable:
Provided that in any case when an agreement to lease is stamped with the ad valorem
stamp required for a lease and a lease in pursuance of such agreement is subsequently
executed, the duty on such lease shall not exceed twenty rupees.
Indemnity: Rs. 80/- [Article 34 read with Article 57]

Arbitration (if arbitration agreement is included in the agreement): Rs. 20/- [Article 5(j)]

Lease, including an under-lease or sub-lease and any agreement to let or sub-let or any
renewal of lease:
(a) Whereby such lease, the rent is fixed and no premium is paid or delivered:
(i) Where the lease purports to be for a term of less than one year: 0.4% of the total
rent
(ii) Where the lease purports to be for a term of not less than one year but not more
than five years:
(a) For residential properties: 0.5% on average annual rent
(b) In other case: 1% on average annual rent
(iii) where the lease purports to be for a term exceeding five years but not exceeding
ten years:
(a) For residential properties: 1% on average annual rent
(b) In other case: 2% on average annual rent
(iv) where the lease purports to be for a term exceeding ten years but not exceeding
twenty years: 6% of the average annual rent reserved.
Lease, including an under-lease or sub-lease and any agreement to let or sublet: [Article
35]*

(a) where by such lease the rent is fixed and no premium is paid or delivered:

(i) where the lease purports to be for a term not exceeding one year: 2% for the whole
amount payable or deliverable under such lease [vide Notification No.Ka. Ni.-5-2758/XI
2008-500-(159)-2006 dated, July 10, 2008]

(ii) where the lease purports to be for a term exceeding one year but not exceeding five
years: 2% for a consideration equal to three times the amount or value of the average
annual rent reserved [vide Notification No.Ka. Ni.-5-2758/XI 2008-500-(159)-2006
dated, July 10, 2008]

(iii) where the lease purports to be for a term exceeding five years, but not exceeding
ten years: 2% for a consideration equal to four times the amount or value of the
average annual rent reserved [vide Notification No.Ka. Ni.-5-2758/XI 2008-500-(159)-
2006 dated, July 10, 2008]
 Lease, including an under-lease or sub-lease and any agreement to let or sub-let:
[Article 35]

(a) where by such lease the rent is fixed and no premium is paid or delivered:

(i) where the lease purports to be for a term not exceeding one year: 4% for the whole
amount paid, payable or deliverable under such lease.

(ii) where the lease purports to be for a term exceeding one year but not exceeding ten
years: The same duty as a Conveyance (as provided in the appendix) for a consideration
equal to twice the amount or value of the average annual rent reserved.

(iii) where the lease purports to be for a term exceeding ten years but not exceeding
thirty years: The same duty as a Conveyance (as provided in the appendix) for a
consideration equal to three times the amount or value of the average annual rent
reserved.

(iv) where the lease purports to be for a term exceeding thirty years and for any term
renewed: The same duty as a conveyance (as provided in the appendix) on the market
value of the property which is the subject-matter of the lease.];

(b) where such lease is granted for a fine or premium, or for money advanced, or for
security charges advanced, and where no rent is reserved:

(i) where the lease purports to be for a term not exceeding thirty years: The same duty
as a Conveyance (as provided in the appendix) for a consideration equal to the amount
or the value of such fine or premium or money advanced, or security charges advanced,
as set forth in the lease.

(ii) where the lease purports to be for a term exceeding thirty years and for any term
renewed or in perpetuity or where no term is mentioned: The same duty as a
Conveyance (as provided in the appendix) on the market value of the property which is
the subject-matter of the lease.];

(c) where such lease is granted for a fine or premium, or for money advanced, or for
development charges advanced, or for security charges advanced, in addition to rent
reserved:

(i) where the lease purports to be for a term not exceeding thirty years: The same duty
as a Conveyance ((as provided in the appendix) for a consideration equal to the amount
or value of such fine or premium or advanced as set forth in such lease, in addition to
the duty which would have been payable on such lease, if no fine or premium or
advance had been paid or delivered.

(ii) where the lease purports to be for a term exceeding thirty years and for any term
renewed or in perpetuity or where no term is mentioned: The stamp-duty as
Conveyance (as provided in the appendix) on the market value of the property which is
the subject-matter of the lease, or an aggregate of stamp-duties as a Conveyance (No.
23) on rent (three times of the average annual rent) and premium or money advanced
or security charges advanced, whichever is higher:

Provided that in any case, when an agreement for a lease is stamped or a lease in
pursuance of such agreement is subsequently executed, the duty on such lease shall not
exceed rupees ten.
Indemnity: Rs. 50/- [Article 34 read with Article 57]
Arbitration (if arbitration agreement is included in the agreement): Rs. 10/- [Article
5(e)]
 (i) where the lease purports to be for a term not exceeding thirty years: The same duty
as a Conveyance (as provided in the appendix) for a consideration equal to the amount
or the value of such fine or premium or money advanced, or security charges advanced,
as set forth in the lease.

(ii) where the lease purports to be for a term exceeding thirty years and for any term
renewed or in perpetuity or where no term is mentioned: The same duty as a
Conveyance (as provided in the appendix) on the market value of the property which is
the subject-matter of the lease.];

(c) where such lease is granted for a fine or premium, or for money advanced, or for
development charges advanced, or for security charges advanced, in addition to rent
reserved:

(i) where the lease purports to be for a term not exceeding thirty years: The same duty
as a Conveyance ((as provided in the appendix) for a consideration equal to the amount
or value of such fine or premium or advanced as set forth in such lease, in addition to
the duty which would have been payable on such lease, if no fine or premium or
advance had been paid or delivered.

(ii) where the lease purports to be for a term exceeding thirty years and for any term
renewed or in perpetuity or where no term is mentioned: The stamp-duty as
Conveyance (as provided in the appendix) on the market value of the property which is
the subject-matter of the lease, or an aggregate of stamp-duties as a Conveyance (No.
23) on rent (three times of the average annual rent) and premium or money advanced
or security charges advanced, whichever is higher:

Provided that in any case, when an agreement for a lease is stamped or a lease in
pursuance of such agreement is subsequently executed, the duty on such lease shall not
exceed rupees ten.
Indemnity: Rs. 50/- [Article 34 read with Article 57]
Arbitration (if arbitration agreement is included in the agreement): Rs. 10/- [Article
5(e)]