Stamp Duty · Madhya Pradesh
Indore and Bhopal rent agreements follow the Indian Stamp Act as adopted by Madhya Pradesh: 1% on rent plus deposit, with registration optional under 12 months — straightforward, but the deposit inclusion still catches out tenants using ₹100 stamp paper.
1% of (rent + deposit)
Rent / lease agreements
Registration optional < 12 months
Indian Stamp Act, 1899 (as adopted by Madhya Pradesh)
₹100 flat for NDAs
MP Schedule I, Article 5
Pre-set for Madhya Pradesh's schedule. Enter your rent, term, and deposit for an indicative duty — the same engine the Dharaa app uses.
Your estimate will appear here.
Estimates are indicative and based on published state schedules — verify against your State Stamp Schedule or SHCIL before purchase. Not legal or tax advice.
Madhya Pradesh levies 1% stamp duty on the total rent for the term plus the security deposit. The security deposit is included in the duty base. Registration is optional for agreements under 12 months.
Reference example — ₹25,000/month, 11 months, ₹1,00,000 deposit: duty ≈ ₹3,750 (total ≈ ₹3,750).
A flat ₹100 under MP Schedule I, Article 5. This covers NDAs, service agreements, and most contracts without their own schedule entry.
An under-stamped agreement is inadmissible as evidence (Section 35, Indian Stamp Act, 1899) and can be impounded, with a penalty of up to 10× the deficit under Section 40. Stamping correctly at execution costs a fraction of fixing it during a dispute.
Indicatively 1% of total rent for the term plus the security deposit. For ₹25,000/month over 11 months with a ₹1,00,000 deposit, that is about ₹3,750.
A flat ₹100 under Schedule I, Article 5 as adopted by MP.
Usually not — the 1% ad-valorem duty on rent plus deposit typically works out to thousands of rupees, and an under-stamped agreement is inadmissible as evidence until duty and penalty are paid.
Estimates and rules are indicative, based on published state schedules — verify with your State Stamp Schedule or SHCIL before purchase. Not legal or tax advice.
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