Online agreements can now be obtained and notarized. We all know that. But not many know that this can be done online as well and this service is offered by a number of portals in India. Most likely, you've had your documents notarized, but do you know why and what are the charges? Let's find out what it really is used for and how much are the notary charges in Mumbai and other cities of India.
How much can a notary charge?
The main responsibility of a Notary Public, who is chosen by the State or Central Government, is to deter fraud by witnessing document signatures and confirming their veracity. In addition to these tasks, a notary public also administers oaths, signs affidavits, maintains records and conducts wedding ceremonies.
Documents and agreements that are notarized add another level of verification. In order to stop fraud and identity theft, this is done.
Notary attestation charges in India
Rule 10 of the Notaries Rules, 1956 states that the stipulated price to be paid to a Notary Public for a variety of services including notary charges for rent agreement, are as follows:
Notary charges in Delhi or Mumbai of instruments
INR 35/- if the amount in the instrument does not exceed INR 10,000/-
INR 75/- if the amount is between INR 10,000/- and INR 25,000/-
INR 110/- if the amount of the instrument is between INR 25,000/- and INR 50,000/-
INR 150/- if the amount exceeds INR 50,000/-
For duplicating protests, the fee is half that of the original.
For verifying, certifying, and attesting the execution of any document, the fee is INR 15.
For presenting promissory notes, accepting payments, or paying bills, the fee is INR 35.
INR 75 for translation and verification of such translated document from one language to another
INR 10 per page for attesting a document as a true copy
Notary charges for affidavit in Bangalore are INR 15 for administering/witnessing oaths or taking affidavits from deponents
INR 150 for preparing documents or instruments to be used outside the country
A notary must prominently publish the fees he will be charging both within and outside of his chamber or office.
Franking and notary charges for home loan
Franking charges range from 0.1% to 0.2% of the entire value of the property. Franking rates are typically limited to a certain sum. Additionally, there is a cap of INR 20,000 on the franking fees. The costs differ according on the state, just like stamp duty fees.
These are the notary charges in Mumbai.
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Authors Of The Question
How Much Can a Notary Charge?
Kirthi
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1 Answers
1 Year
2023-07-14T20:08:40+00:00 2023-07-14T20:12:36+00:00Comment
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