What will be the stamp duty in creation of equtable mortage in uttar pradesh if we are
Enhancing the overdraft loan from Rs.15lacs to Rs.60lacs. At the time of overdraft loan of Rs.15lacs we have taken a stamp of Rs.7500/-.
1 Answer from Attorneys
Dear Sir / Madam,
If you just take pro-rata amount, the Stamp Duty amount for the increased amount works out to Rs. 30,000/- You should check for the actual Stamp Duty applicable on the equitable mortgage from the Sub Registrar's Office in your City.
Related Questions & Answers
Bank seize the tractor under SARFAESI act 2002 if yes? What is legal process Asked 10/01/13, 3:05 am in India Banking Law
Is it legal in Punjab / India to sell properties / articles thru lucky draws.... Asked 9/28/13, 10:31 pm in India Banking Law
Type your question here...if we due to negligence conducted fraud under 420 and we... Asked 9/28/13, 9:42 pm in India Banking Law
Dear sir, Is there any RBI circular/guideline which stipulate Banks can collect... Asked 9/28/13, 6:36 pm in India Banking Law
Is there any RBI guide lines on prepayment charges charged by commercial Banks,... Asked 9/28/13, 6:06 am in India Banking Law