There is no notification about payment of stamp duty for loan/mortgage/hypothication agreement from bank.
Stamp duty Act does not show any section and requires payment of stamp duty on loan/mortgage/hypothication payments advancement agreements. Hence No provisions No section no quote of section.
Section 18 (d) of Registration Act 1908 described registration of documents under the Act along with SARFASI under section 2 (n) Act 2002 registration of hypothication is optional.
Section 2 (n) of SARFASI Act 2002 defined HYPOTHICATION.
Stamp duty Act has no provisions for payment of stamp duty for the loan/hypothication/mortgage processing and on loan agreement.
Registration Act does prescribed the procedure for payments of Registration charges for the loan agreement before the office of sub- Registrar and Registrar of Assurance .
Registration of Hypothication Agreement between parties under section 18 (d) is optional not compulsory as per the provisions envisaged and expressed therein.