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Property Related Laws Haryana Ministry of Law and Justice Registration Act, 1908

Department of Revenue, Rehabilitation, and Disaster Management of Punjab has revised the registration fee for mortgage through the deposit of title deeds

07-Jan-2025 | No. S.O. 1/C.A.16/1908/Ss.78 and 79/Amd./2025

The Department of Revenue, Rehabilitation, and Disaster Management of Punjab has revised the registration fee for mortgages by deposit of title deeds. This amendment, which specifically addresses equitable mortgages in the state, introduces a more structured and transparent fee system. It focuses on regulating the costs associated with using property title deeds as collateral for loans.

In this type of mortgage, the borrower deposits the original title deeds with the lender as security for the loan, without the need for executing a formal deed of mortgage.

According to the amendment, the registration fee will be 0.25% of the loan amount secured by the title deeds, with a maximum fee limit of Rs. 1,00,000.

For more details, please refer to attached notification.

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