Punjab Mortgage Stamp Duty Cap
By Department of Industries & Commerce, Government of Punjab
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Quick Answer
Stamp duty on a registered mortgage is capped at Rs. 10,000 per instrument for industrial units taking loans from financial institutions.
About this subsidy
Punjab's Industrial and Business Development Policy 2022 reduces stamp duty on a registered mortgage to a maximum of Rs. 10,000 per instrument, putting it at par with the lien charged on an equitable mortgage, for industrial units availing loans from financial institutions. Ad valorem duty on a registered mortgage otherwise scales with the loan amount, which is why borrowers often settle for an equitable mortgage instead; capping it at a flat Rs. 10,000 removes that cost penalty and makes a properly registered charge affordable on large term loans.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
The Department of Industries & Commerce is the Government of Punjab's department that runs the Punjab Start-up Cell. The Cell is headed by the Director of Industries and Commerce and acts as a single point of contact for the state's startup policy. The department is based at…
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What You Get
Stamp duty on an instrument of registered mortgage is reduced to a maximum of Rs. 10,000 per instrument, at par with the equitable mortgage lien, for industrial units availing loans from financial institutions. On a large term loan this replaces an ad valorem charge with a flat, predictable cost.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Get loan sanction
Obtain the loan sanction from a financial institution.
You - 2
- 3
- 4
How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
How much stamp duty will I pay on a registered mortgage?
A maximum of Rs. 10,000 per instrument.
Does it apply to any lender?
It applies to industrial units availing loans from financial institutions.
Why is the cap set at that level?
To bring a registered mortgage at par with the lien charged on an equitable mortgage.
Is the cap per loan or per document?
Per instrument of registered mortgage.
Sources
Data on this page is compiled from official program and provider references.
