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Home / Legal / Rent Agreement / What is Rent Agreement Stamp Duty in Bihar?
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What is Rent Agreement Stamp Duty in Bihar?

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0 2024-06-25T22:18:52+00:00
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Wondering what is the rent agreement stamp duty in Bihar?

In Bihar, stamp duty on rent agreements is assessed at 1% of the rent amount that needs to be paid. 

Moreover, to calculate the exact stamp duty for your specific rental amount in Bihar, follow these steps:

  1. Determine the Rental Amount: First, know the annual rent agreed upon in your rent agreement.

  2. Choose the Duration and Calculate the Stamp Duty:

    • If the agreement is for less than or equal to 11 months, the stamp duty on rent agreement in Bihar is 1% of the annual rent or Rs. 500, whichever is less.

    • If the agreement is for more than 11 months but less than or equal to 5 years, the stamp duty is 6% of the average annual rent.

    • If the agreement is for more than 5 years, the stamp duty is 8% of the average annual rent.

You can pay the registration fees for rental agreements in any sub-registrar's office in Bihar. A witness who is also required to sign the rent agreement must be present when it is executed. I hope this helps you understand the rent agreement stamp paper amount in Bihar.

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