I have notarized PowerOfAttonery in my sister's name on 500/- Stamp paper.
Now Bank offering loan, is asking me get POA registered implying it's required for collection of loan at disbursement and registering property after purchase by my sister in my lieu.
I would like to know few things:
1) Do I have to pay stamp duty on notarized POA. If yes than how much ?
2) What is the fee for getting Power Of Attorney registered.
3) Registrar office is asking for local address proof to register POA, which I don't have as I am temporarily residing at my sister place in Mumbai. I have address/ID proof of a different state.
4) What all documents are required at the time of registration and any witness also required ?
Please give your inputs for my queries. Really appreciate you all on helping me on this.
-Supra