Purchasing a home entails a number of formalities from financial obligations to legal paperwork. Further, if one avails of a Home Loan, there will be several miscellaneous charges and fees attached apart from the Home Loan interest rates. One such fee is the registration charges. Besides, you will also be required to pay processing fees, service charges, administrative fees and so on. So yes, registration charges are indeed mandatory to be paid and must be taken into consideration while evaluating the actual cost of the housing loan. Let us learn more about stamp duty and registration charges.
Read Also: Quick Guide to Securing a Better Interest on Home Loans
What is a Stamp Duty Charge?
A Stamp duty is a tax on homebuyers who need to pay the government towards the sale or purchase of any property under the Indian Stamp Act, of 1899. It is levied while transferring the title of a property to another person. This fee is a fixed percentage of the property value, set by the local authorities, to validate your registration agreement. A registration document with stamp duty serves as legal proof of property ownership.
What is a Property Registration Fee?
A specific fee is levied for registering the house in your name, which is known as a property registration fee. This fee is usually 1% of the property’s market value or total cost of the property. However, it should be noted that the registration fees may vary based on the type of property you are purchasing. Borrowers can also claim tax exemptions on property registration and stamp duty up to a maximum limit of Rs.1.5 Lakh under Section 80C of the Income Tax Act.
Can I Get a Home Loan Inclusive of Registration Charges?
Among all the property-related charges, stamp duty and registration fees are two overhead costs not covered by Home Loans. Some lenders may, however, offer higher loan amounts that could include the cost of registration. These charges can go up to 7% – 10%* of the property value and differ from state to state as per government discretion. Hence, it is essential to keep aside adequate funds to meet these expenses. Stamp duty and property registration are mandatory facets of the homebuying process.
Also Read: 9 Common Myth about Home Loans You Need to Know
Registration and Stamp Duty Charges in India
The table below shows the prevailing stamp duty and registration charges levied in different Indian cities and states. (Note that these are subject to change and may not be relevant for all times)
City | Stamp Duty | Registration Charges |
---|---|---|
Delhi | 4% - 6% | 1% of the property value |
Mumbai | 3% -6 | 1% of the deal value |
Uttar Pradesh | 7% | 1% of the house cost |
Rajasthan | 5% - 6% | 1% of the property price |
Kerala | 8% | 1% of the home valuation |
Property Registration Process
The Indian Registration Act of 1908 mandates all properties to be registered in the area they are located by the respective sub-registrar. The process includes the following steps:
- Check your property’s value to calculate the applicable stamp duty.
- Purchase non-judicial stamp papers of the required amount. They can be purchased either online or offline.
- Hire an attorney to prepare the sale deed on your behalf.
- Pay the applicable charges for stamp duty and property registration.
- Visit the sub-registrar’s office to register the deed with two signatory witnesses.
- Submit requisite documents such as identity proof, address proof and a No-Objection Certificate for the property.
- The registration process will be completed after document verification. Then, the original documents will be handed over to you while the registrar’s office maintains their copies.
Also Read: Your Guide to Home Loan Sanctioning and Disbursement Process
How to Save on Registration and Stamp Duty Charges?
Many state governments extend concessional rates on stamp duty for joint ownership by a couple or home registrations by female buyers. Similarly, properties registered under urban and rural areas will have different stamp duties.
The government decides circle rates for a property primarily based on its location. Thus, an affluent neighbourhood will have a higher circle rate compared to one with developing facilities. Circle rates are usually lower than market rates.
You can register your house at the circle rate even if you buy it at the market price. In that case, the stamp duty and registration fee will be computed on the registered value granting you substantial savings. Property sellers stand to benefit from circle rate registrations as well. They can save on Capital Gains Tax and the difference in rates may be declared as the Deed of Transfer of Rights (DOTOR) fee that a buyer is required to pay the seller through a signed agreement.
However, the buyer should have substantial funds in hand—about 30% to 40% of ready cash while conducting property transactions at circle rates. This way the Home Loan amount will also reduce, as the sale deed will reflect the circle rate and not the market price. In spite of registering at the circle rate, if your lender offers Home Loans on the registered value or market value and not the sale deed price, you can still secure the desired loan amount.
To Conclude
It is compulsory for homebuyers to pay stamp duty and registration charges to complete the legal formalities of their property purchase. To avoid any confusion regarding these costs, you can assess the exact charges involved through the Stamp Duty Calculator. You just need to select the state and city where your property is located from the drop-down menu and enter the property value. The stamp duty percentage and charges will instantly appear on the screen. This tool helps you arrange for the applicable amount in advance for easier home ownership.
*Terms and conditions apply.
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles

loan+against+property Loan Against Property
[N][T][T][N][T]
Equitable Mortgage vs Registered Mortgage: Key Differences Explained2025-04-30 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Taking a Home Loan to Buy a Property for Investment? Here Are 5 Points to Consider2023-04-17 | 5 min

home+loan Home Loan
[N][T][T][N][T]
A Complete Guide on the Benefits of Joint Home Loan2022-11-16 | 5 min

home+loan Home Loan
[N][T][T][N][T]
4 Key Benefits of Home Loan Balance Transfer to Bajaj Housing Finance Limited2023-01-09 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Top Things to Keep Track of While Doing a Home Loan Balance Transfer2022-12-18 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Importance Of a Good Credit Score in The Home Loan Process2023-03-20 | 4 min

cibil Cibil
[N][T][T][N][T]
Top Tips to Improve Credit Score Immediately to Get Your Loan Approved2023-03-30 | 5 min

cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Transform Your Space with a Loan Against Property for Home Renovation2024-12-26 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
A Guide to Calculate Loan Against Property EMI2025-01-08 | 2 min

[N][T][T][N][T]
7 Smart Ways to Optimise Your Home Loan Interest Repayments2025-04-03 | 3 min

[N][T][T][N][T]
How to Choose the Right Home Loan2024-11-26 | 4 min

home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min

[N][T][T][N][T]
Top 3 Reasons to Buy a Home Before You Reach 302024-12-11 | 3 min

cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min

cibil Cibil
[N][T][T][N][T]
Importance of CIBIL Score for Achieving Business Goals2024-03-13 | 5 min

[N][T][T][N][T]
3 Ways to Reduce Your EMIs with a Home Loan Balance Transfer2024-05-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Calculate Your Home Loan Eligibility2025-03-05 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of Loan Against Property Over Collateral-free Loans2023-02-23 | 3 min

cibil Cibil
[N][T][T][N][T]
7 Tips to Help You Improve Your CIBIL Score2024-05-15 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
A Guide to Loan Against Property for Doctors2022-06-27 | 5 Min

home+loan Home Loan
[N][T][T][N][T]
5 Strategies to Manage High Home Loan EMIs Effectively2023-02-22 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Factors Determining Your Home Loan Eligibility2024-03-13 | 4 min

loan+against+property Loan Against Property
[N][T][T][N][T]
What Are the Eligibility Criteria for Obtaining a Loan Against Property?2023-03-28 | 4 min

[N][T][T][N][T]
Everything You Must Know About NRI Home Loans2024-02-16 | 3 min

tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?2023-08-07 | 6 min

loan+against+property Loan Against Property
[N][T][T][N][T]
6 Reasons Why Collateral Matters When Applying for a Loan Against Property2023-02-27 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Easy Ways to Pick the Right Loan Against Property Tenure2024-05-14 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Pay-off Your Debt with Bajaj Housing Finance Loan Against Property2024-02-14 | 5 min

[N][T][T][N][T]
5 Ways Home Loan Borrowers Can Lower their Home Loan EMI2023-01-04 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Tax Benefits: Is There a Limit on How Many Times You Can Claim?2025-04-22 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Stamp Duty and Property Registration Charges in Gujarat2025-04-11 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Benefits of Loan Against Property EMI Calculator2024-12-03 | 3 min

home+loan Home Loan
[N][T][T][N][T]
All You Need to Know About Home Loans2023-01-19 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Should I Apply for a Pre-Approved Home Loan or an After Property Finalisation Loan?2024-03-15 | 5 min

home+loan Home Loan
[N][T][T][N][T]
3 Smart Tips for Refinancing Your Home Loan2024-12-03 | 3 min

[N][T][T][N][T]
NRI vs. Indian Resident Home Loans2025-03-13 | 2 min

[N][T][T][N][T]
Home Loan Overdraft Facility: Features and Benefits2025-03-19 | 3 min

[N][T][T][N][T]
Loan Against Property or A Home Loan: Know What You Need2024-06-11 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Refinancing: What, Why, and Things to Remember2024-06-17 | 5 Min

loan+against+property Loan Against Property
[N][T][T][N][T]
Common Mistakes You Must Avoid Making When Applying for a Loan Against Property2023-02-09 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenure that Suits Your Budget2023-06-29 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan EMI Calculator Benefits and It’s Features2024-02-21 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Making Financial Planning Easy with a Home Loan EMI Calculator2023-09-06 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Everything You Wanted to Know About Loan Against Property2023-12-16 | 5 Min

tax Tax
[N][T][T][N][T]
Top 5 Tax Benefits and Other Advantages of a Joint Home Loan2024-07-10 | 8 min

[N][T][T][N][T]
6 Smart Tips to Increase Your Home Loan Eligibility2024-06-27 | 4 min

cibil Cibil
[N][T][T][N][T]
High CIBIL Score Helps Low-Interest Rate Loans2024-06-10 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min

home+loan Home Loan
[N][T][T][N][T]
All About Home Loan Balance Transfers2024-06-04 | 4 mins

home+loan Home Loan
[N][T][T][N][T]
Common Myths About Home Loans: All You Need to Know2024-04-08 | 5 min

[N][T][T][N][T]
Loan Against Property for Doctors: An Essential Checklist2024-05-07 | 2 min

cibil Cibil
[N][T][T][N][T]
Does CIBIL Score Affect Loan Against Property Eligibility?2023-02-15 | 7 min

home+loan Home Loan
[N][T][T][N][T]
How Can NRIs Avail of Home Loans in India2025-03-17 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Step-by-Step Process How to Apply for a Loan Against Property2024-03-05 | 4 Min

home+loan Home Loan
[N][T][T][N][T]
Tips to Get Home Loan with Minimum Down Payment in India2023-07-11 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding EMI: Full Form and Calculation Methods2025-02-24 | 3 min

home+loan Home Loan
[N][T][T][N][T]
A Step-by-Step Guide to Home Loan Balance Transfer Application2024-07-09 | 6 min

tax Tax
[N][T][T][N][T]
Should You Get a Home Loan to Save Your Taxes?2024-02-01 | 3 min

[N][T][T][N][T]
NRI Home Loans: 5 Things to Keep in Mind Before Applying2024-02-15 | 4 min

cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Why is the Interest Component Higher in the Initial EMIs of a Home Loan2025-03-07 | 6 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Choose the Right Lender for a Loan Against Property2024-12-23 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Pre-EMI or Full EMI: Understanding Home Loan Repayment Options2025-01-16 |

loan+against+property Loan Against Property
[N][T][T][N][T]
Things You Need to Know Before Applying for a Loan Against Property2024-12-02 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding All the Charges on Your Loan Against Property2024-12-27 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Short vs. Long Loan Against Property Tenure - Which Is Better?2024-05-07 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Factors to Consider Before Applying for a Home Construction Loan2022-12-02 | 5 min

home+loan Home Loan
[N][T][T][N][T]
What Is Home Loan Eligibility and How Is It Calculated2024-07-11 | 6 min

cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min

[N][T][T][N][T]
Role of Eligibility Calculator Before Availing a Home Loan2025-04-23 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Stamp Duty and Property Registration Charges in Kerala: A Comprehensive Guide2025-04-11 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
How to Use Loan Against Property EMI Calculator2025-04-23 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Property for Business: What You Should Know2025-04-22 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Can You Convert a Loan Against Property into a Home Loan? Here’s What You Need to Know2025-04-22 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Key Documents to Check for a Safe and Transparent Property Transaction2025-04-22 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
What to Know Before Availing of a Loan Against Property2025-04-22 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
What Happens When You Pay Off Your Mortgage?2025-04-22 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
How to Pay MCD Property Tax in Delhi2025-04-21 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Tax Benefits on Mortgage Loans: What You Need to Know2025-04-21 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Apply for GPRA Accommodation via eSampada and eAwas2025-04-21 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the SVAMITVA Scheme: A New Era of Property Ownership in Rural India2025-04-21 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Why Property is More Than Just an Asset: 4 Ways It Can Power Your Finances2025-04-21 | 2 min

[N][T][T][N][T]
Home Loan Insurance Benefits for New Home Buyers2025-04-21 | 6 min

home+loan Home Loan
[N][T][T][N][T]
MPIGR Madhya Pradesh: A Guide to Property Registration and SAMPADA Services2025-04-14 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Smart Things to Consider Before You Apply for a Home Loan2022-12-14 | 5 min

tax Tax
[N][T][T][N][T]
How Much Tax Can be Saved Under Sections 80C, 80D, and 80G?2024-05-15 | 5 min

tax Tax
[N][T][T][N][T]
Tax Benefits on Home Loans for Self-Employed Individuals: What You Need to Know2024-06-07 | 4 min

cibil Cibil
[N][T][T][N][T]
How to Increase Your CIBIL Score Above 800: 7 Proven Methods2023-01-24 | 4 min

home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?2024-01-30 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2024-04-25 | 6 min

cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min

[N][T][T][N][T]
Tips to Manage Loan Against Property Repayments Efficiently2024-02-21 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Differences Between Fixed and Floating Interest Rates2024-05-15 | 2 min

home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Monthly Reducing Balance Method for Home Loan Interest2025-02-25 | 3 min

[N][T][T][N][T]
Everything You Need to Know About Home Loan Part-Prepayment2024-12-18 | 5 min

home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Age to Buy a House?2025-03-19 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Check Housing Loan Eligibility with Home Loan Eligibility Calculator2023-07-12 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Everything You Need to Know About Top-up Loans on a Home Loan2024-04-09 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Get a Home Loan Without Visiting Branch: A Step-by-Step Guide2024-03-20 | 4 min

cibil Cibil
[N][T][T][N][T]
Impact of Late Payment on CIBIL Score?2024-03-08 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min

[N][T][T][N][T]
7 Benefits of Taking a Home Loan in India2024-06-19 | 3 min

home+loan Home Loan
[N][T][T][N][T]
An Essential Guide to Refinancing a Home Loan2024-04-22 | 5 Min

cibil Cibil
[N][T][T][N][T]
What Factors Do Not Affect Credit Scores?2024-02-28 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Tips to Secure Quick Home Loan Approval2025-03-03 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Residential Property: A Smart Financing Solution2025-03-10 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Agricultural Land: Unlock the Value of Your Property2025-03-07 | 6 min

cibil Cibil
[N][T][T][N][T]
Know How Mortgage Loan Affect Your CIBIL Score2024-02-05 | 5 Min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min

cibil Cibil
[N][T][T][N][T]
What are the Types CIBIL Errors & How to Correct Them?2023-11-22 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Home Loans for Salaried Employees: Eligibility, Documents, and Application Process2025-03-18 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Property Mortgage Loan: A Smart Financing Option for Businesses