Schedule I, Article 6: Agreement Relating To

AGREEMENT RELATING TO DEPOSIT OF TITLE-DEEDS, PAWN OR PLEDGE, that is to say, any instrument evidencing an agreement relating to— (1) the deposit of title-deeds or instruments constituting or being evidence of the title to any property whatever (other than marketable security), or (2) the pawn or pledge of movable property, where such deposit, pawn or pledge has been made by way of security for the re-payment of money advanced or to be advanced by way of loan or an existing or future debt— (a) if such loan or debt is repayable on demand or more than three months from the date of the instrument evidencing the agreement; (i) in the case of banking companies or other financial institutions, when the entire finance is not based on interest; and (ii) in any other case (b) if such loan or debt is repayable not more than three months from the date of such instrument; (i) in the case of banking companies or other financial institutions, when the entire finance is not based on interest; and (ii) in any other case Proper stamp-duty: One-fifth of one percent that is to say, 0.2% of the loan amount subject to a maximum of one hundred rupees. One-fifth of one percent that is to say, 0.2% of the loan amount; and One-tenth of one percent that is to say 0.1% of the loan subject to a maximum of fifty thousand rupees. One-tenth of one percent that is to say 0.1% of the loan amount.

Amendment history

• v2 · 2026-07-24 11:25:07 — Phase 2W reapply (text)

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