Buying stamp papers in Bangalore has been quite an ordeal of late. The serpentine queues in front of the State Bank of Mysore would be a nightmare for anyone who could even think of buying stamp papers. (Read here). Besides, it eats up almost the whole day, and comes as a curse for working professionals who are in need of stamp paper. So, what is the easy way out?
E-Stamping! The Stock Holding Corporation of India Limited is the company which has been authorized to sell e-stamp papers across Karnataka. (Check their e-stamping website).
There are quite a few e-stamping centers in Bangalore, where you could get a stamp paper with the denomination of your choice just within a few minutes. However, instead of the papers printed with the rupee note kind of stamp at the top, here you would get an e-stamp. This is essentially a printed information with the document number, and a couple of other numbers, and it says Government of Karnataka e-stamping with the national emblem of three lions on it.
Stamp papers - Before and After (Courtesy: www.chowchowbath.com)
A couple of days back, I had been to the Domlur BDA complex (Near the Domlur bus-stand, adjacent to Domlur fly-over), which houses the Sub-Registrar’s office. I wanted to get an e-stamp paper. I was given a form to fill, where I had to mention the type of document, the first and the second party details (name and address should be suffcient. PAN number in case of high-value registrations), and sign it. The form should be given at the counter with the amount for which the stamp paper is sought. The amount could be paid in cash, or by way of demand draft. I guess this depends on the total amount being paid. I had to wait for approximately 10 minutes, and then the person at the counter gave me the e-stamped paper. The whole process took me just around 15 minutes. The stamp duty for different types of instruments is displayed on the notice board in the office. It is also available online here.
The e-paper is as authentic as the normal stamp papers. Also, since this has authentic numbers printed on it, anyone can verify the authenticity of the e-paper by logging on to this site (http://www.shcilestamp.com) and entering the appropriate numbers from the e-stamp paper.
The working hours for the e-stamping facility in Domlur BDA complex is from 9:45am to 4:30pm with a lunch break from 1:00pm to 2:30pm. It is open from Monday through Saturday. In addition to Domlur, this service is also available in Jayanagar and Koramangala sub-registrar’s offices (SHCIL branches). The government is also looking at making e-stamping the only way of buying stamp papers in future, as this eliminates all duplicate stamp papers and scams, and also renders authenticity to the papers by way of printing these numbers and making them available online.
Thanks to Kiran for providing useful information in his journal.
Addresses of SHCIL e-stamping centres in Bangalore:
Head office:
SHCIL, Bangalore Stock Exchange Ltd.,
Stock Exchange Towers, 51, 1st Cross,
J.C. Road, Bangalore,
PIN : 560027
Ph: (080) 22995246, 22995236
Jayanagar:
Shop No.7, Ist Floor,
#44, 33rd Cross, Jayanagar, 4th T Block,
Bangalore
PIN : 560011
Ph: (080) 26991062, 26991060
Koramangala:
Shcil, # 103, 1st Floor, Mig
Khb Colony, 17 Th Main, 5th Block
Koramangala, Bangalore
PIN : 560034
Ph: (080) 25529149, 25529150
Malleswaram:
Shcil, No.13 Vasant Milan, 1st Cross,
Malleswaram, Bangalore,
PIN : 560003
Ph: (080) 23318225, 23560525
Domlur:
Shcil, Domlur BDA complex,
Near Domlur Bus Stand, Bangalore
PIN : 560038
Ph: (080) 25352907
In truth, immediately i didn’t understand the essence. But after re-reading all at once became clear.
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Letter to the editor:
There are two “is the”, change maadi
Good information, didn’t know there was an E-Stamp option. Important point is, everyone should be aware of all these “E” thingies. The only “E” thing that has picked up in India in Train ticket booking. All the other “E”s doesn’t seem to stick in people mind.
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Hey hawk dude,
Thanks for correcting
It is nice to see that at least in Bangalore, there is an E-way of doing things for almost everything. But not many people use this. Again, this depends on internet literacy, among others.
At least people who have access to internet should use these things and popularize them. Way to go…
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Thank you! You often write very interesting articles. You improved my mood.
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Hi
How to register at the e-stamping website. We are NRIs and need to buy a property in India.
By The Way This information is awesome. Super Maadi!!
Regards
Rama Iyer
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@Rama:
Thanks.
The online purchase of stamp papers is not yet functional in Bangalore. You will have to physically go to the e-stamping centre to purchase the stamp papers. The only change is that there is no long queue in front of the counter. U can be done in 10-15 mins.
Deepak
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Excellent keep it up It has solved my problem sending people to bank and make them wait for hours. Your information and details are toooooo good.
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@Goyal: Good to know that
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Good Information !
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Good info thanks for it
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Thanks
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Hi…
Your article was really very helpful to me.
Thank you for publishing such a detailed info.
Just an addition, please add that Sub-Registrar offices are closed on 2nd Saturday of every month. It’s a government holiday.
Thank you once again.
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@Ashish, Thanks for the info.
Also, since the govt has made e-stamping mandatory, things have gotten bad. The number of e-stamping centres is not able to cope with the demand, and the crowd has increased.
Hope the govt opens more of the e-stamping centres in Bangalore…
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Hi,
Every one are thinking getting e-Stamp paper is very easy, the result is very bad, today I went for get a stamp paper I have reached there at 10am I have bought the stamp at 1pm, they were started issuing at 11.15am due to power cut, and for each person is taking over 5 minutes, there working hours is around 7 hours per day, so maximum they can issue 84 papers only per day?
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Nothing is going to work until this is made online.
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Thanks for the info. It is really helpful.
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Ya, I guess the e-stamping method would soon be made online…
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Hi All,
The only draw back I see in e-stamping is the refund of money OR issue of a duplicate stamp paper.Take the below scenario.
I pay Rs. 3 lacs as stamp duty via e-stamp.Now I need to take a print out of sale deed on this e-stamp paper, and lets suppose the paper gets stuck in the printer and spoiled or prints incorrectly.I am not sure what would be the next step in this situation.
Also taking a print out on e-stamp is tricky as the prints needs to start only at the bottom 3 inches of the e-stamp page.
I believe as long as the estamp UID is not locked ( which I believe is locked only by sub-registrar) , there is no harm in SCHIL issuing the duplicate e-stamp.
So incase you have a e-stamp with a high stamp duty paid, do not experiment with printers.Get the first page manually typed and then take printouts for the next page onwards.
The above comments are based on my understanding of the e-stamp process.I may be wrong, in which case, I would appreciate clarification you all.
Girish
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I have bought a e-stamp, but the deal could not go through. Am left with a e-stamp with names of the second party who was to sign the deal. This paper is of no use to me now. Do any of you know, how do i get a refund ?
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