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Is 20 Rupees Stamp Paper Valid for Rental Agreement?

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Hi, Let me help you with the question: Is 20 Rs stamp paper valid for rent agreement? As per my understanding, 20 Rupee stamp paper is not considered valid for a rental agreement because the standard practice in India is to use 100 Rupee stamp paper. 

The minimum value of a stamp paper in India is Rs. 50 and it can go up to Rs. 1000. There are quite a few states in India that don’t accept a 100 Rupees stamp paper. Hope this helps.

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