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Arun@7981   27 July 2023

Bank guarantee

What is the stamp paper charges for Bank Guarantee? How it is calculator?



Quick Summary
A Bank Guarantee in India must be issued on non-judicial stamp paper. The required stamp paper value is either Rs. 100 or the prevailing rate in the state where the guarantee is issued, whichever is higher. This ensures the legal validity of the bank guarantee.

 2 Replies

T. Kalaiselvan, Advocate (Advocate)     27 July 2023

The Bank Guarantee shall be issued on a stamp paper of value as applicable in the State of India from where BG is issued

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     28 July 2023

Bank Guarantee should be stamped on a Non-Judicial stamp paper of Rs. 100 or the value prevailing in the State where executed, whichever is higher.


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