Odisha Stamp Duty by Deed Type 2026: Mortgage, Gift, Lease, Will Rates Compared

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What is the stamp duty for a mortgage deed in Odisha 2026?

Mortgage-deed stamp duty in Odisha is 2% of the loan value. Registration charge is also 2% of loan value (0.5% for agricultural loans). When the mortgage is reconveyed, reconveyance is a fixed ₹50 stamp + ₹50 registration.

Odisha stamp duty rates by deed type (2026 schedule)

The Inspector General of Registration (IGR Odisha) sets stamp duty + registration charges by deed type. The table below lists the exact rates for every transaction class — sale, mortgage, gift, lease, will, trust, partition, and reconveyance — sourced from igrodisha.gov.in.

Deed typeStamp dutyRegistration charge
Sale deed (male buyer)5% of consideration or benchmark value2%
Sale deed (female buyer)4% of consideration or benchmark value2%
Sale deed (joint M+F)4.5%2%
Sale deed (joint M+M)5%2%
Mortgage deed (loan against property)2% of loan value2% of loan value (0.5% for agricultural loans)
Reconveyance of mortgage₹50 fixed₹50
Gift deed (any relation)3% of property market value1% of property value
Lease deed (≤5 years)2% of consideration money2%
Lease deed (>5 years to 30 years)Per IGR slab schedule2%
Will / Trust₹100 / ₹500 (fixed)₹500
Partition deed (HUF / inherited)Per IGR formula on share value2% on each share
Adoption deed₹300 fixed₹300
Affidavit₹10 fixed₹50
e-Registration user fee (any deed)₹200 per document

Source: igrodisha.gov.in — Property Registration Fee Details.

Worked example: ₹70 lakh property mortgaged in Bhubaneswar

A male buyer takes a ₹70 lakh home loan secured by a registered mortgage deed on Bhubaneswar property:

  • Mortgage stamp duty: 2% of ₹70,00,000 = ₹1,40,000
  • Mortgage registration: 2% of ₹70,00,000 = ₹1,40,000
  • e-Registration user fee: ₹200
  • Total mortgage registration cost: ₹2,80,200

When the loan is repaid and the mortgage is released, you'll execute a Reconveyance deed at a fixed ₹50 stamp + ₹50 registration = ₹100 total.

Why the deed type drastically changes the cost

Stamp duty in Odisha is structured as a percentage of consideration ONLY for capital-transfer deeds (sale, gift, mortgage). For instrument deeds that don't transfer ownership (will, trust, adoption, affidavit, reconveyance), the rate is a fixed rupee amount. This is why a ₹70 lakh mortgage costs ₹1.4 lakh stamp + 1.4 lakh registration but a ₹70 lakh will costs ₹100 stamp + ₹500 registration.

How to compute your exact stamp duty before signing

  1. Get the higher of (a) sale-agreement value or (b) IGR benchmark valuation for that location.
  2. Multiply by the deed-type rate above (5% / 4% / 4.5% / 2% / 3%).
  3. Add the registration fee (typically 2%; varies by deed type).
  4. Add ₹200 e-Registration user fee.
  5. The IGR Odisha valuation tool at igrodisha.gov.in gives the benchmark instantly.

Quick reference: which deed for which scenario?

  • Buying property → Sale deed (5%/4%)
  • Borrowing against property → Mortgage deed (2%)
  • Transferring to family without consideration → Gift deed (3%)
  • Renting commercial / residential → Lease deed (2% × duration band)
  • Bequeathing post-death → Will (₹100 fixed)
  • Dividing ancestral / HUF property → Partition deed (per share value)

Avoid these common Odisha stamp-duty mistakes

  • Computing stamp duty on agreement value when benchmark is higher → IGR will levy the difference + penalty.
  • Treating a Power of Attorney for sale as a Sale Deed → POA stamp duty is much lower but POA does NOT transfer ownership; many fraud cases flow from this confusion.
  • Skipping mortgage registration → an unregistered mortgage cannot be enforced in court.
  • Forgetting the ₹200 e-Registration user fee → registration office rejects the file at counter.

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Citations

Frequently Asked Questions

What is the stamp duty for a mortgage deed in Odisha 2026?

Mortgage-deed stamp duty in Odisha is 2% of the loan value. Registration charge is also 2% of loan value (0.5% for agricultural loans). When the mortgage is reconveyed (loan repaid), reconveyance is a fixed ₹50 stamp + ₹50 registration.

What is the stamp duty for a gift deed in Odisha?

Stamp duty for a gift deed in Odisha is 3% of the property market value. Registration charges are an additional 1% of the property value. Inter-family gifts (between blood relations) carry the same 3% rate — no special concession.

What is the registration charge for a will or trust in Odisha?

Will registration is a fixed ₹500 in Odisha (₹100 stamp duty + ₹500 registration). Trust deed registration is similar — ₹500 fixed. These are instrument deeds that don't transfer ownership at execution, so they're not percentage-based.

How is the lease deed stamp duty calculated in Odisha?

For a lease up to 5 years, stamp duty is 2% of the consideration money (the rent payable over the lease term plus any premium); registration charge is also 2%. For leases over 5 years, the IGR slab schedule applies with progressively higher rates.

What is the stamp duty for a partition deed in Odisha?

Partition deeds are stamped per the IGR formula based on each share's market value. Registration is 2% on each separated share. The deed converts a co-owned interest into distinct titles for each former co-owner.

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