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Kagaznama

Affidavit About Payment of the Consideration

At a glance

Price
Free
Stamp duty
Article 4 (Affidavit), Stamp Act 1899 — a small fixed duty (Punjab forms print Rs 25, unconfirmed against the notified schedule; ask the vendor/Sub-Registrar), same in both places.
Registration
Not required — creates or transfers no property right.
Witnesses
Not necessary — oath/notarial attestation is what matters.

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Guided questions, full draft on screen, download in Word.

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Also called

  • sale consideration affidavit
  • payment affidavit for property
  • consideration declaration

When you need it

A sworn statement on the agreed consideration and how it was paid, for a registering authority, lender or adviser. Identify the deed, consideration, amount paid, banking trail, and any lawful cash component. Evidentiary only — doesn't transfer title or contradict the conveyance; the deponent must personally know the facts.

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Article 4 (Affidavit), Stamp Act 1899 — a small fixed duty (Punjab forms print Rs 25, unconfirmed against the notified schedule; ask the vendor/Sub-Registrar), same in both places. Buy in the deponent's own name; each deponent needs separate paper.

Registration

Not required — creates or transfers no property right.

Notarisation

Required — must be sworn; follow the receiving authority's rule.

Witnesses

Not necessary — oath/notarial attestation is what matters.

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Sample preview — placeholder answers, not your data

AFFIDAVIT ABOUT PAYMENT OF THE CONSIDERATION

Affidavit date: 1 April 2026

I, Harpreet Singh, acting as Seller, make this declaration concerning Plot 118, Sector 35-A, Chandigarh (Plot/land): Residential plot measuring 500 square yards..

Seller: Harpreet Singh, Sector 35, Chandigarh. Buyer: Aarav Sharma, Sector 21, Panchkula. Underlying transaction: Sale deed dated 15 September 2026.

Total consideration: ₹2,50,00,000 (Rupees Two Crore Fifty Lakh only). Amount received or paid to date: ₹2,50,00,000 (Rupees Two Crore Fifty Lakh only).

Payment schedule: ₹5,000,000 on 01 Aug 2026 UTR A1; ₹20,000,000 on 15 Sep 2026 UTR A2..

Cash or unrecorded consideration declaration: No unrecorded cash consideration is declared; payment is as stated above.

Purpose: Registration record.

I state that the above facts are true to my knowledge and records and that this affidavit does not itself transfer any right in the property.

DEPONENT

Signature: Harpreet Singh

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to prepare, swear and retain the consideration-payment affidavit supporting the property transaction, communicate about that purpose, verify expressly supplied information, complete the property transaction or filing, and retain an evidentiary record.

The record will be held by Kagaznama and may be shown only to the buyer, seller, authorised broker, advocate, bank, registering authority, revenue authority, society/developer, tax authority or other person directly involved in the stated transaction.

If the transaction does not proceed, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the transaction plus 12 months, except for a record that a statute requires to be kept for a longer named period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to privacy@example.com. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this document does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials unless a separate lawful verification or payment process specifically requires them.

Personal-data instruction: I consent to the collection and use described in the Personal Data Notice.

Record-holder: Kagaznama

Questions about this document

Does the Affidavit About Payment of the Consideration need stamp paper or stamp duty in Punjab and Chandigarh?

Article 4 (Affidavit), Stamp Act 1899 — a small fixed duty (Punjab forms print Rs 25, unconfirmed against the notified schedule; ask the vendor/Sub-Registrar), same in both places.

See the full position on stamp duty, registration and witnesses
Does the Affidavit About Payment of the Consideration need registration in Punjab and Chandigarh?

Not required — creates or transfers no property right.

See the full position on stamp duty, registration and witnesses
What does the Affidavit About Payment of the Consideration cost on Kagaznama?

Free.

Documents are free. Kits are free during our launch.

Does the Affidavit About Payment of the Consideration need witnesses?

Not necessary — oath/notarial attestation is what matters.

See the full position on stamp duty, registration and witnesses

Often needed with this document

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