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RAJENDRA AGARWAL (Manager)     24 September 2013

Stamp duty on legal mortgage

I want to have loan from a bank by mortgaging my property. It would be a legal mortgage as I do not have a registered BAINAMA. Kindly let me know how much stamp duty would be charged on the loan by legal mortgage of property with scheduled bank.



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 2 Replies

Srinivasa Rao Yaramati (advocate)     24 September 2013

one percent on the loan amount

dikhole suresh (dgm)     25 September 2013

sale agreement executed in the yr 1998 of shop in co-op soc( with full  payment of stamp duty and shares transfered on name) BUT AGREEMENT  NOT REGISTERED AT THAT TIME..

1)CAN THIS AGREEMENT BE REGISTERED NOW BY PAYING REGISTRATION CHARGES AND  DIFFERENCE IN STMP-DUTY AND PENALTY.

2)THIS IS SECOND SALE AND SELLER FROM WHOM  IT WAS PURCHASED IS NOT AVAILABLE.WHETHER HIS SIGNATURE IS MUST.


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