What is the stamp paper value for an 11-month rental agreement?
Answered on April 17,2022
The stamp duty for 11 month rental agreement is Rs. 200
Below is the cost break of 11 month rental agreement
- Stamp Duty: Rs. 200
- Vendor fee for processing non-judicial e-stamp paper : Rs. 10
- Paper & Printing Rs. 10 (approx)
- Notary: Rs 50 (Approx)
The total fee for 11 month rental agreement is Rs 270/-
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Answered on December 31,2019
For rental agreements made for a tenancy period of 11 months or less, a stamp paper of Rs 100 or Rs 200 can be utilized. Along with this, a stamp duty i.e. equals the lesser of 1% of the total rent plus the deposit paid annually or Rs 500 is also payable.