icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

How is Stamp Duty Calculated on Rent Agreement?

view 88 Views

1

3 months

Comment

whatsapp [#222222128] Created with Sketch. Send

One of my friends recently asked, how is stamp duty calculated on rent agreement in UP. I researched a bit and found in Uttar Pradesh, stamp duty for rent or lease agreements depends primarily on the duration of the lease. I have shared more information on it below.

How to Calculate Stamp Duty on Rental Agreement?

It is calculated as a percentage of the average annual rent multiplied by a duration-based factor.

  1. For agreements up to one year, stamp duty is 2% of the annual rent. 

  2. If the lease exceeds one year, you multiply the average annual rent by a factor based on the lease term three times for 1 to 5 years, four times for 5 to 10 years, five times for 10 to 20 years, and six times for leases beyond 20 years. Then apply the 2% rate on this total.

For instance, a 3-year agreement with an average annual rent of Rs 2 lakh involves calculating stamp duty on Rs 6 lakh (Rs 2 lakh × 3) at 2%, totaling Rs 12,000. After paying stamp duty, there’s an additional registration fee, typically set at 1% of annual rent plus security deposit in cities like Lucknow.

Get Your Rental Agreement Drafted with Complete Details with NoBroker Rent Agreement Service.


Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners