What Is An E-Stamp Paper, And How To Get It? For any Legal Documentation or Encumbrance Certificate, official agreements in India, you will need a stamp paper issued by the government of India. Stamp papers are important for lease agreements, loan agreements, business agreements, affidavits, bonds, declarations, gift deeds, or mortgage papers. You need to use a legal stamp paper for legal documents.
There are two types of stamp papers are Judicial stamp paper and Non-judicial stamp paper. 1. Judicial Stamp Paper These papers have legal purposes, such as court proceedings or ongoing legal procedures. People often use this e stamp online to avoid any cash transaction in court as the case filing can not happen without paying the court fees. That’s why judicial stamp papers are significant. 2. Non-Judicial Stamp Paper These stamp papers have different purposes: Rental Agreement, sales deeds, property transfer of building or land, affidavits, and mortgages. The Government of India regulates the rates of stamp paper to recover the stamp duty.