slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
What are Franking Charges? PowerPoint Presentation
Download Presentation
What are Franking Charges?

Loading in 2 Seconds...

play fullscreen
1 / 4

What are Franking Charges? - PowerPoint PPT Presentation

  • Uploaded on

The property buy incorporates different little and huge installments that can possibly generously lift the rates. For instance, on the off chance that one discusses home credit, they need to pay the handling expenses to the bank. Click here for the details…\n

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about 'What are Franking Charges?' - favista

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript



Menu ▼


What are Franking Charges?

©February 16, 2018 & Real Estate # Franking Charges real estate, india

property blogs, property blogs, property website blogs, real estate blogs, real estateproperty blogs, real estate property website blogs, What are Franking Charges 1 Srishti Chandola

ifc Like 0

The property purchase includes various small and big payments that have the potential to substantially jack-up the rates. For example, if one talks of home loan, they have to pay the processing fees to the bank. Also, one must have to bear the technical appraisal cost of property that bank would carry out. To make a legal purchase, the buyer has to pay the stamp duty depending on the state where the transaction takes places, charges may actually vary from 4 to 10% of value and registration charges typically 1% of complete value.

What has caught the attention so far in fact that one may also have to pay the franking charges while stamping the papers to property. More importantly, if one thought that franking and stamping are same things, you actually thought wrong.

What’s the difference?

The stamp duty is the tax you actually pay to the state to buy a property. On the other hand, franking is the process to stamp the property documents. Using the franking, authorized banks stamp the document or affix the denomination on it which actually acts as the proof that stamp duty for the transaction has been paid. The banks and other authorized agents use the franking machine to affix the documents.

Also, keep in mind-

The authority franking the documents would actually ask to pay the price for giving the services. While some may do it for free, others may charge 0.1% of the complete purchase value as the franking charges. Thus, if you are purchasing a property which is worth Rs 50 lakh, one may have to pay the franking charges of Rs 5,000. You may, however, set off this amount against the stamp duty that you pay. For example, if the stamp duty is the state is 5.2%, you will have to pay 5.1% as the stamp duty if you are paying the franking charges of 0.1%.

all banks or agents don t authorize to offer

■ All banks or agents don’t authorize to offer the franking services. In case these have official permission, the banks at times have limited franking quotes as well as offer the services only for a specific hour of the working day. This basically means that prior preparation is required in the case you want to get the property documents franked from agent or bank. It is advised not to entertain these without being specific that the agent is authorized to do franking.

■ All the banks don’t follow similar rules when it comes to the franking and charges involved in the process. Charges and rules could differ from one state to another, from one agent to another and from one bank to another.

■ Importantly, it doesn’t just go for franking. You could choose to go for the e-stamping or alternatively buy the stamp papers to do so. Also, there are options to purchase papers that are already stamped.

^ What are Different Types of Co-ownership?

Leave a Reply

Your email address will not be published. Required fields are marked * Comment

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.



n like page

n Like Page

Favista Real Estate Pvt Ltd

41 minutes ago

Which lifestyle are you looking for?

■A 2 P Comment Share

Twitter Timeline

Tweets by @FavistaRealty

Recent Blogs

What are Franking Charges? February 16, 2018 What are Different Types of Co-ownership?February 14, 2018 Ways to Give Your Home Close-to-nature LookFebruary 12, 2018 Sectors Bankable in GurgaonFebruary 9, 2018

The Legal Way to Construct or Reconstruct a Property in DelhiFebruary 7, 2018

Favista is a Real Estate Advisory Firm based in Gurgaon, India. Favista believes in making every property transaction experience simple and successful. The aim is to bring transparency, professionalism and simplicity to the complex world of real estate. Favista takes pride in keeping the needs and concerns of the customers in highest regards. Favista Real Estate has been founded by IIT + IIM/INSEAD alumni with experience in strategy consulting, internet marketing, venture capital having been part of companies such as McKinsey, Capital One, PartyGaming and SSG Capital.

Favista is a full service brokerage helping buyers/investors buy, sell, rent or lease property in India. Favista offers best realty advice for Apartments and Flats for sale in India, land/plots for sale, New Residential & Commercial Projects in India and also assists selling properties at best rates. is the only Property Site in India that lists 100% verified properties. Favista currently operates in Gurgaon, Delhi-NCR, Noida, Mumbai and Bangalore.Those intending to sell property in India will also find this website very useful owing to the extensive reach, high brand recall and trustworthiness in the real estate space.

In order to make our customers happy and for us to reach our goals, we follow the key tenets of transparency and consistently maintain integrity in everything that we do. With this professional attitude, we are set to become your preferred choice for all real estate services in India.


About UsOur TeamCareerContact UsTerms

Privacy PolicyDisclaimer

site map

Site Map


Post Property FREEEMI CalculatorBlogs

Compare ProjectsDownload Mobile APPSale PropertyRent Property


Toll Free - 1800 2121 000 (ALL INDIA) Gu rgaon - +91-124-3378700 Noida - +91-120-4117463 Mumbai - +91-22-40142051 Email Sales - sales@favista.comEmail Enquiry

9Unit 235 to 240 2nd Floor,

Vipul Trade Center,Sohna Road Sector 48, Gurgaon, Haryana 122002.

1 Square meter = 10.764 Square feet

Have More Questions? Do not hesitate to contact us!

Read our FAQ's or Leave a feedback for us to contact you shortly.

© 2015 Favista Real Estate Pvt. Ltd., All Rights Reserved.