Stamp Duty Calculator – Estimate Your Stamp Duty with Ease
A Stamp Duty Calculator is an online tool designed to help you estimate the exact stamp duty amount based on your property's value and location. This ensures accurate financial planning while purchasing a property. Easily calculate stamp duty on your home with the Bajaj Finserv Stamp Duty Calculator. Whether you're buying a new home or applying for a home loan, our tool simplifies the process and provides instant results
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What is stamp duty?
Stamp Duty is a fee levied by the state government when buying a new property. This fee is used to validate the registration of the property in your name, and legalise your property ownership document. Without paying Stamp Duty on the property registration document, you will not be considered a legal owner of the property in question.
What is a Stamp Duty Calculator?
Stamp Duty Calculator is an online tool that is designed to help you accurately assess the amount of stamp duty you will have to pay towards your property, so that you know exactly how much home loan you need. When taking a home loan, there are a host of expenses involved beyond the cost of the house itself. Stamp duty and registration charges are among the extra charges that need to be paid when you register ownership of your new house.
How to Use Steps to use Bajaj Finserv Stamp Duty Calculator
You can use the stamp duty calculator to check the stamp duty on your property. Follow the below steps:
Step 1: Visit the stamp duty calculator
Step 2: Select your state from the drop-down menu
Step 3: Enter your property value either by using the slider or by manually entering the value
That’s it, you will now be able to see the stamp duty of your property.
Stamp duty charges in various cities
States |
Stamp duty rates* |
State-Specific Stamp Duty Info |
Andhra Pradesh |
5% |
|
Chhattisgarh |
Males: 7% Females: 6% |
|
Gujarat |
4.9% |
|
Haryana |
Males - 7% Females – 5% |
|
Karnataka |
5% (Consideration Above Rs. 35 lakh) 3% (Consideration between Rs. 21-35 lakh) 2% (Consideration Less than Rs. 20 lakh) |
|
Kerala |
8% |
|
Madhya Pradesh |
7.50 % |
|
Maharashtra |
6% |
|
Odisha |
Male: 5% Female: 4% |
|
Punjab |
7% (Male) 5% (Female) |
|
Rajasthan |
Male: 6% Female: 5% |
|
Tamil Nadu |
7% |
|
Telangana |
5% |
|
Uttar Pradesh |
7% |
|
Uttarakhand |
5% |
|
West Bengal |
Upto Rs. 40 lakh - 7% Above Rs. 40 lakh - 8% |
|
Bihar |
6% |
|
Jharkhand |
4% |
|
Assam |
8.25% (for men), 7.75% (for women) |
* Registration Charges as applicable must be paid in addition to the Stamp Duty
Stamp Duty is a fee levied by the state government when buying a new property. This fee is used to validate the registration of the property in your name, and legalise your property ownership document. Without paying Stamp Duty on the property registration document, you will not be considered a legal owner of the property in question.
How are stamp duty and registration charges calculated in India?
The cost of stamp duty is generally 5-7% of the property’s market value. Registration charges tend to be 1% of the property’s market value. As such, these charges can run into lakhs of rupees. To avoid any shortfall in funds when buying your home and registering the property in your name, ensure that you also requisition for the stamp duty and registration charges when you apply for the home loan amount.
There are several factors that determine the exact amount of stamp duty you will need to pay. These are:
- The market value of the property
- Type of property, along with the number of floors
- The intended usage for the property, whether residential or commercial
- Location of the property
- Age and gender of the property owner
Calculate your stamp duty and registration charges
Stamp duty is determined based on the property's ready reckoner rate, market value, or circle rate. Here is how you can calculate stamp duty:
For example:
Details |
Values |
Circle rate in your area |
Rs. 4,000 per sq ft |
Size of the property |
1,000 sq ft |
Property cost as per circle rate |
Rs. 60 lakh |
Stamp duty rate |
6 percent |
Stamp duty payable |
Rs. 3,60,000 |
Registration charges |
1 percent |
Registration charges payable |
Rs. 60,000 |
Total stamp duty and registration charges payable |
Rs. 4,20,000 |
How to save stamp duty on property purchases?
Stamp duty is a mandatory tax paid to the government when you purchase a property. It is calculated as a percentage of the property’s value and varies by state.
While you cannot avoid paying stamp duty, there are certain strategies to reduce the amount. Let’s see how:
1. Register the property in a woman’s name
Some states offer a lower stamp duty rate if the property is registered in the name of a woman. For example, in Delhi, the stamp duty rate is 4% for women and 6% for men. This reduction can lead to significant savings.
2. Invest in affordable housing
Properties under government schemes like the Pradhan Mantri Awas Yojana (PMAY) have lower stamp duty rates. These schemes make housing more affordable, and lower stamp duty is one way to encourage investment in such projects.
3. Opt for joint ownership
By purchasing the property jointly with another person, you can split the stamp duty cost. This reduces the financial burden on any single property owner.
4. Buy rural property
Stamp duty rates in rural areas are often lower than in urban areas. If the property is located in a rural region, you may qualify for a reduced stamp duty rate (depending on the state).
5. Claim tax deduction on stamp duty and registration fees
Under Section 80C of the Income Tax Act, 1961, buyers can claim a deduction of up to Rs. 1,50,000 on:
Stamp duty
and
Registration fees
This deduction is available if the purchase is funded by a home loan. Also, you can claim it only in the year in which the expenses are incurred.
How to pay stamp duty?
You can pay stamp duty online, or offline, via one of the following methods:
- Physical stamp paper: This is the most common way of paying stamp duty. Stamp paper can be bought from authorised sellers. The details of the property registration or agreement are then written on this paper. However, if the stamp duty charges are high, then this method becomes inconvenient as you will need to purchase a number of stamp papers
- Franking: In this method, you need to go to an authorised franking agent, who will apply a stamp to your property documents, indicating that the stamp duty has been paid. There is usually a minimum amount required in order for this method to be used. In addition, a franking charge is levied by the agent, which is then deducted from the overall stamp duty that you have to pay. Most banks offer franking agent services to home buyers
- E-stamping: E-stamping is the most convenient way to pay stamp duty charges, as you can do so online via the SHCIL website (Stock Holding Corporation of India). Simply visit the website, select the state in which your property is located, fill out the application form, and submit it to the collection centre along with the funds required. Once you have paid the amount, you will get an e-stamp certificate with a Unique Identification Number (UIN).
Important Links: What is Home Loan | Home Loan Apply | Home Loan Interest Rates | Home Loan Eligibility Criteria | Documents Required for Home Loan | Home Loan Balance Transfer | Joint Home Loan | Home Loan Tax Benefits | Home Loan Subsidy
Documents required for payment of stamp duty and registration
The documents required for stamp duty payment and property registration in India typically include:
- Sale Deed or Agreement
- Identity Proof (Aadhar card, voter ID, etc.)
- Address Proof (Utility bills, etc.)
- PAN Card
- Passport Size Photographs
- Property Documents (Title deed, possession certificate, etc.)
- Encumbrance Certificate
- No Objection Certificate (NOC)
- Payment Receipts
- Power of Attorney (if applicable)
Verify specific requirements with the local registrar's office or consult a legal expert for a smooth registration process.
How to apply for a stamp duty refund?
You can claim a stamp duty refund under certain situations, such as:
When a property sale is cancelled
The registration fails
You (as a buyer) have paid more stamp duty than required
To initiate the refund process, you must submit specific documents to the state’s registration department. Below is a step-by-step guide you can follow:
Step I: Submit an application
File a formal application for a stamp duty refund. This application must be filed with the registration department of the state where the property transaction was intended to occur.
Step II: Attach the required documents
The following documents must be included with the refund application:
Original sales agreement or sale deed
Copy of the cancellation deed, if applicable
Proof of payment of stamp duty
Identity proof of the applicant (Aadhaar or PAN)
Bank account details for the refund transfer
Please note that only the stamp duty amount is refundable. The registration fees paid are non-refundable (regardless of the reason for the refund request).
Step III: Make an accurate submission
All required documents must be correctly filled out and submitted to avoid:
Processing delays
or
Rejection of the refund application
What are the different ways to pay stamp duty and registration charges?
Stamp duty and registration charges are mandatory payments when purchasing property. There are three primary methods to pay these charges:
Physical stamp papers
E-stamping
Franking
Each method has specific procedures and requirements. Let’s understand all these methods in detail:
Method I: Physical stamp papers
- This is a traditional method where the buyer purchases physical stamp papers from authorised vendors.
- The property transaction details (such as the sale deed or lease deed) are typed or printed on these stamp papers.
- The value of the stamp paper must match the stamp duty amount to be paid.
- This method is commonly used for:
- Smaller transactions
or - Specific agreements, like lease deeds and mortgage deeds.
- Smaller transactions
Method II: E-stamping
- E-stamping is the most widely used and convenient method for paying stamp duty.
- Through it, buyers can pay the stamp duty online through the official e-stamping portal, such as:
- The SHCIL (Stock Holding Corporation of India Limited) website
or - State-specific websites
- The SHCIL (Stock Holding Corporation of India Limited) website
- After payment, the buyer receives a challan or acknowledgement receipt.
- This receipt includes a unique reference number, which is used to generate the e-stamp certificate.
- The e-stamp certificate acts as proof of stamp duty payment.
Method III: Franking
- In franking, property documents are marked or stamped to indicate that stamp duty has been paid.
- This process is conducted by authorised franking agents (usually banks or licensed vendors).
- The agent charges a franking fee, in addition to the stamp duty amount.
- Franking is mostly used:
- For high-value property transactions
or - When electronic payment methods are not feasible
- For high-value property transactions
- The minimum stamp duty amount for franking varies by state.
- Also, some banks may impose a minimum limit for the franking service.
Factors that influence stamp duty and registration charges
The calculation of stamp duty and registration charges varies based on several factors, such as:
1. Age of the property owner
Many states in India provide concessions on stamp duty for senior citizens.
If the buyer is classified as a senior citizen (60+), they are eligible for a reduced stamp duty rate.
2. Gender of the buyer
Several states in India provide lower stamp duty rates for women buyers.
This is done to encourage female property ownership.
The rebate is usually in the range of 1% to 2% compared to the standard rate applicable to male buyers.
3. Purpose of property purchase
The intended use of the property also affects the applicable stamp duty rates.
Commercial properties generally attract higher stamp duty charges than residential properties.
Similarly, industrial or mixed-use properties have different stamp duty rates.
4. Location of the property
Stamp duty rates vary based on whether the property is located in an
Urban
Suburban
Rural area
Properties in urban areas (particularly those within municipal boundaries or prime localities) have higher stamp duty charges.
In contrast, rural properties or those located outside municipal limits have lower stamp duty rates.
5. Available amenities and facilities
Some properties come with additional amenities, such as:
Swimming pools
Gyms
Clubs
Libraries
Community halls
These properties usually incur higher stamp duty charges.
The government considers these amenities as value additions to the property.
This leads to an increase in the overall stamp duty liability.
6. Market value of the property
Stamp duty is calculated as a percentage of the property’s market value or circle rate.
In India, circle rates are set by the state government.
They represent the minimum price at which a property can be registered.
Higher property values or circle rates result in higher stamp duty payments.
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Stamp Duty Calculator FAQs
Yes, stamp duty can be claimed as a tax deduction under Section 80C of the Income Tax Act, up to a maximum limit of Rs. 1,50,000.
No, stamp duty is not refundable.
Stamp duty and GST are separate charges levied on the sale of a property.
Stamp duty and registration charges are not included in the home loan amount sanctioned by lenders. This expense is borne by the buyer.
Stamp duty charge is a mandatory tax levied by the government on property transactions. The rate of stamp duty varies from state to state in India and is generally a percentage of the property's transaction value or the property's ready reckoner rate, whichever is higher.
The stamp duty charges are typically paid by the buyer of the property. It is the responsibility of the buyer to pay the stamp duty to the state government as per the rates prescribed by the respective state's Stamp Act.
Yes, a stamp duty calculator can indirectly help in availing home loans. Stamp duty is a tax imposed by the government on the transfer of property ownership. When you buy a property, you are required to pay stamp duty on the property's value. This stamp duty amount can be a significant expense, and it is essential to factor it into your overall budget when purchasing a property, especially if you're planning to finance the purchase through a home loan.
Here's how a stamp duty calculator can help in the context of availing home loans:
Budgeting: Calculate precise stamp duty based on property value and state rates. Effective budgeting comprehends property ownership costs.
Loan eligibility: Uncovered stamp duty in budget might alter loan eligibility. Accurate inclusion aligns loan request with property and tax expenses.
Down payment: Home loan covers part of property cost; rest is down payment. Stamp duty isn't part of loan; knowing amount aids accurate down payment planning.
A stamp duty calculator indirectly enhances home loan access. Accurate cost insights facilitate budgeting, eligibility, down payment planning, and negotiation, streamlining the home purchase and loan process. You can also use a home loan EMI calculator to estimate the EMI amount you need to pay for your home loan.
Stamp duty value is calculated based on several factors, primarily market value, transaction value, or ready reckoner rates set by local governments. These rates are used to assess the tax payable on legal documents like property transactions. The specific calculation method can vary by location, and government guidelines or professional appraisals may be involved in determining the value.
Stamp duty must be paid before or at the time of executing the property registration document to make the transaction legally valid. Delay in payment may attract penalties.
You can apply for a stamp duty refund by submitting an application to the concerned sub-registrar office along with the original stamp papers and required documents within the specified time.
Stamp duty and registration charges can be paid via e-stamping, physical stamp papers, franking, or online payment through the state government’s official portal.
Yes, stamp duty charges can vary for different locations within the same state. In many countries and states, including India, the specific rates and regulations for stamp duty are determined at the state or regional level. As a result, different areas or localities within a state may have their own stamp duty rates and charges.
The formula for calculating stamp duty is:
Stamp Duty = (Market Value × Stamp Duty Rate) + Surcharge + Cess.
Please note that the market value of the property cannot be less than the notified circle rate of the area in which the property is located. Surcharge and cess are additional charges imposed by the state.
In Delhi, stamp duty rates vary based on the:
Buyer’s gender
Joint ownership
Property location
The general stamp duty rates applicable in Delhi are:
Male buyers: 6% of the property value
Female Buyers: 4% of the property value
Joint Ownership: 5% of the property value
However, there are some area-specific stamp duty rates as well. These apply when your property falls within these areas:
New Delhi Municipal Corporation Area
5.5% for male buyers
3.5% for female buyers
4.5% for joint ownership
Delhi Cantonment Board Area
Flat 3% for all buyers (regardless of gender or ownership type).
Additionally, a 1% registration fee is charged on the sale deed value, regardless of gender. Both stamp duty and the registration fee are mandatory for completing property transactions.
To verify the authenticity of an e-Stamp certificate, perform the following steps:
Visit the official e-Stamping portal of your state or union territory
Look for the option to verify e-Stamp certificates, usually on the home page
Enter the unique identification number (UIN) printed on the e-Stamp certificate.
The portal will display the certificate’s details, such as:
The document type
Value
Involved parties
If the displayed information matches the certificate, it is genuine.
For discrepancies, contact the relevant authorities for clarification.
Stamp duty is charged to legally validate property transactions and other important agreements. By paying stamp duty, you make the document legally enforceable in court.
Additionally, it is a significant source of revenue for state governments and helps them fund public services and infrastructure projects.
Yes, Rs. 100 stamp paper is available in most states, like Karnataka, Tamil Nadu, and more. It is commonly used for agreements with limited financial value, such as:
Employment bonds
Indemnity bonds
Undertakings
Please note that the availability and specific use of Rs. 100-stamp paper usually vary by state, so it is advisable to check local regulations.
Stamp duty rates are primarily determined by state governments in India, as it is a state subject. However, the central government also prescribes stamp duty rates (under the Stamps Act) for certain transactions, such as:
Transfer of shares
Bills of exchange
Promissory notes
Other specified instruments
Thus, both state and central governments have roles in setting stamp duty rates.
A Rs. 50 stamp paper is mostly used for:
General agreements
Power of attorney
Declarations
On the other hand. Rs. 100 stamp paper is used for:
Indemnity bonds
Guarantee bonds
Undertakings
Higher-value agreements
The specific use of each stamp paper type depends on state regulations and the nature of the transaction.
Stamp duty can be paid both online and offline. Let’s see how:
Offline payments |
Online payments |
|
|
There are two main types of stamps:
Impressed stamps (printed or embossed on paper)
Adhesive stamps (stickers or labels)
Adhesive stamps include postal stamps and non-postal stamps. Additionally, there are Judicial Stamps, Non-Judicial Stamps, and Revenue Stamps for paying stamp duty. If you prefer online mode, you can even use e-stamping for payment.
