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Stamp Duty On Loan Agreements

The reduced stamp duty applies to all loan contracts executed by these borrowers, in particular in favour of banks, financial institutions, financial promotion companies. exemption from stamp duty on the deed of transfer and the loan agreement for the purchase of residential property worth RM300.001 to RM2,500,000 by Malaysian citizens under the Home Ownership Campaign 2020/2021: RM3 for each RM1,000 or a fraction of them on the basis of consideration or value, which is higher. The Stamp Office usually uses one of the 3 methods of valuation of ordinary shares for stamp duty purposes: I work in Mumbai and intend to buy real estate in Chennai. During the credit process, an HDFC sales manager told me that I had to pay the Maharashtra stamp duty of 0.1% of the property value beyond the processing fee. .