Yogesh 05 November 2019

How much stamp paper should i use for leasing a car of 4l ?

Greetings!

How much stamp paper value should i suggest to use for agreement purpose, leasing a car ( of 4 lakhs value) to a company for 4 years locking period in Bengaluru ? Company would be responsible for any damage by car/ to car/accidents/insurance etc.

Please suggest.

Regards

Yogesh

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4 Replies

Sb Karma 05 November 2019

Originally posted by : Yogesh
	Greetings! How much stamp paper value should i suggest to use for agreement purpose, leasing a car ( of 4 lakhs value) to a company for 4 years locking period in Bengaluru ? Company would be responsible for any damage by car/ to car/accidents/insurance etc. Please suggest. Regards Yogesh

its depend upon how much you are earning...means value of your contract

is 4 lakh is car value or contract value

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kavksatyanarayana (subregistrar/supdt.(retired)) 06 November 2019

Ji, a maximum stamp paper of Rs.100/- is sufficient for Car (it is movable) Agreement between the owner and company represented by its Director/MD as the case may be.

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Yogesh 12 November 2019

Sir, Thank you for replying, Its the value of the Car, Thanks Yogesh