Applicability of stamp duty on Advance Bank Guarantee and Performance Bank Guarantee in Maharashtra?
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19 August 2025
Dear All.
Do you have any information on the applicability of stamp duty on Advance Bank Guarantee and Performance Bank Guarantee in Maharashtra?
Please provide the latest notification, the percentage (0.1% or 0.3%), and threshold limits, if any. ( applicable for below and above guarantee amount)
Best Regards,
Vikas Lohar –
Do you have any information on the applicability of stamp duty on Advance Bank Guarantee and Performance Bank Guarantee in Maharashtra?
Please provide the latest notification, the percentage (0.1% or 0.3%), and threshold limits, if any. ( applicable for below and above guarantee amount)
Best Regards,
Vikas Lohar –
19 August 2025
Notification Date: Maharashtra government issued Order No. 5 / Stamp No. 21 /Case No. 06/Twenty16/480/Twenty21 on October 27, 2021, clarifying applicability for bank guarantees, confirmed in a 2023 circular.
or Bank Guarantees (including both Advance and Performance):
Up to ₹10 lakh: Stamp duty is 0.1% of the guarantee amount (minimum ₹100).
Above ₹10 lakh: Stamp duty is 0.2% of the guarantee amount.
For certain types of collateral (e.g., title deeds deposited as security), above ₹5 lakh stamp duty increases to 0.3%, with a maximum cap for certain documents.
If you need the actual official circular or notification PDF, you may refer to NeSL Circular No.: NeSL/FC/Twenty23/0083 dated June 20, 2023, or visit the official Inspector General of Registration, Maharashtra website.
or Bank Guarantees (including both Advance and Performance):
Up to ₹10 lakh: Stamp duty is 0.1% of the guarantee amount (minimum ₹100).
Above ₹10 lakh: Stamp duty is 0.2% of the guarantee amount.
For certain types of collateral (e.g., title deeds deposited as security), above ₹5 lakh stamp duty increases to 0.3%, with a maximum cap for certain documents.
If you need the actual official circular or notification PDF, you may refer to NeSL Circular No.: NeSL/FC/Twenty23/0083 dated June 20, 2023, or visit the official Inspector General of Registration, Maharashtra website.
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23 September 2025
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