Answered on April 04,2021
0.1% of the sale value
Let me give you a real example of our latest franking. My client wants to purchase a flat in Bangalore. The buying price is Rs. 83 Lakh.
Opting for bank loan so franking of sale agreement is mandatory. The franking cost is 0.1% of the buying price. Hence the franking cost is Rs. 83 lakh X 0.1% = 8,300/-
We took demand draft (DD) in the name of respective sub-register office where we frank the sale agreement. We are going to frank the agreement in the sub-register office of Rajaji Nagar Bengaluru so we took the below DD favoring “The sub-registrar Rajaji Nagar Bengaluru”.
Below DD image for your reference.
Below is the payment receipt
Below image is the stamp duty or franking. This is attached to sale agreement
This completes the franking of sale agreement.
We provide franking service in Bangalore. To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0.
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